French bank Credit Agricole sets target to raise net profit above 5 billion euros in 2022
French bank Credit Agricole unveiled a new set of profitability targets for 2022 after it met its 2019 targets a year ahead of schedule.
Toyota, Subaru to develop battery electric vehicle platform
Toyota Motor Corp and Subaru Corp have agreed to jointly develop a battery-electric-vehicle (BEV) platform and a BEV sport-utility vehicle for sale under each company’s own brand, Toyota said on Thursday.
Huawei denies report that orders to key suppliers cut after U.S. blacklisting
Huawei Technologies Co Ltd has cut or canceled orders to major suppliers of components for its smartphones and telecom equipment following its U.S. blacklisting, the Nikkei reported, claims that were rejected by the Chinese firm.
Airbnb touts Japan recovery, bolstered by hotel listings
Airbnb Inc on Thursday announced a recovery in short-stay accommodation listings on its Japanese site, which plummeted after regulatory action last year, as the U.S. firm bolstered numbers with traditional opponents like hotels.
Asia shares muted, trade risk offsets rate hopes
Asian markets were in a mixed mood on Thursday as fears the U.S. trade tussle with Mexico would further depress global growth, warred with wagers central banks would have to respond with fresh stimulus.
China’s Didi Chuxing starts ride-hailing services in Chile, Colombia
Chinese ride-hailing giant Didi Chuxing said on Thursday that it had launched services in Chile and Colombia, as part of its push into Latin America.
Fiat Chrysler withdraws merger offer for Renault, blames French politics
Fiat Chrysler said it has abandoned its $35 billion merger offer for Renault, blaming French politics for scuttling what would have been a landmark deal to create the world’s third-biggest automaker.
Asia markets cautious as Trump presses Mexico on trade
Asian shares got off to a hesitant start on Thursday as investors feared a looming U.S. trade war with Mexico would further depress global growth, even as they wagered central banks would have to respond with fresh stimulus.
Cuba’s private-sector workers say Trump’s travel curbs will hurt them too
Lazaro Hernandez, who has made a good living showing U.S. cruise ship passengers around Havana in his pink 1950s Chevrolet, says the new U.S. ban on cruises to Cuba will wipe out 90% of his business overnight.
Trump says ‘not enough’ progress made in high-stakes U.S.-Mexico talks
Mexican and U.S. officials are set to resume talks in Washington on Thursday aimed at averting an imposition of tariffs on Mexican goods, with President Donald Trump saying “not enough” progress on ways to curb migration was made when the two sides met…
