Renault-Nissan-Mitsubishi to appoint General Secretary for alliance
Renault-Nissan-Mitsubishi said on Friday that in coming days it planned to appoint a General Secretary for the alliance in a bid to boost operational efficiency.
Britain’s Ocado signs technology partnership with Japan’s Aeon
British online grocer Ocado has signed a technology partnership with Japan’s Aeon to help the retailer establish an online business, its first deal in Asia.
Exclusive: Mexico’s Pemex fights in court to suspend clean diesel rule – documents
Mexico’s state-run oil company Pemex has been fighting for almost a year in court to suspend a rule issued by the previous government, requiring the nationwide sale of clean diesel to start this year, court documents seen by Reuters show.
BMW, Great Wall to build new China plant for electric cars
BMW and its partner Great Wall Motor said they plan to build a plant in China with a capacity of 160,000 cars per year, and which will produce BMW’s electric MINI brand and Great Wall Motor models.
Stocks shy from breaking new highs as trade mood darkens
Asian shares slipped on Friday, knocking a global stock index off its path to hitting an all-time peak as investors turned cautious, fearing a new U.S. law backing Hong Kong protesters could torpedo efforts to end the U.S.-China trade war.
France’s PSA to sell stake in smaller Chinese tie-up as sales slide
Peugeot maker PSA Group said it is preparing to sell its 50% stake in an eight-year-old joint venture with Chinese partner Chongqing Changan Automotive which has struggled with falling sales.
Indian retailer Future’s shares surge as regulator approves Amazon investment
Shares in Future Retail Ltd surged 13% on Friday, after India’s antitrust body approved a deal that would give Amazon.com Inc a minority stake in one of the country’s top retail groups.
China limits number of rides drivers can offer through car-pooling services
China’s Ministry of Transport said car-pooling services have to limit the daily number of rides drivers can offer through apps such as Didi Chuxing’s Hitch, which began trial operations this month a year after passenger deaths left the service suspende…
Stocks hesitate just short of new peaks as clouds darken over U.S.-China ties
Asian markets slipped on Friday leaving global shares just short of an all-time peak as investors turned cautious, fearing a new U.S. law backing Hong Kong protesters could torpedo efforts to end the U.S.-China trade war.
‘Tis the season: Quotes from shoppers ahead of America’s biggest shopping day
Stuffed with turkey after Thanksgiving feasts, shoppers headed out to stores across the United States in a quest to score the best Black Friday discounts, with early promotions marking the start of a condensed holiday shopping season.