Exclusive: Toyota sees new business opportunity in leveraging hybrid tech
The head of Toyota Motor Corp’s electric vehicle (EV) business told Reuters the automaker has received enquiries from more than 50 companies since announcing last week that it would offer free access to patents for EV motors and power control units.
Exclusive: HNA-linked Hong Kong Airlines seeks $255 million from backers to keep license
Hong Kong Airlines shareholders have demanded to see 2018 accounts before considering providing at least HK$2 billion ($255 million) needed to ensure the carrier – part owned by the indebted HNA Group – keeps its license, two sources said.
Oil rises as supply constraints outweigh China slowdown fears
Oil prices rose on Friday as involuntary supply cuts from Venezuela and Iran plus conflict in Libya supported perceptions of a tightening market, already underpinned by a production reduction deal from OPEC and its allies.
Danske Bank auditor reported to fraud squad over 2014 report: regulator
The Danish Business Authority said on Friday that it has asked the state prosecutor for financial fraud to investigate the auditor of scandal-hit Danske Bank’s 2014 accounts, Ernst & Young.
Japan court extends Carlos Ghosn’s detention until April 22
The Tokyo District Court said on Friday it had extended Carlos Ghosn’s detention period by eight days, giving prosecutors until April 22 to bring formal charges against the former Nissan Motor Co boss or let him go.
Oil prices rise as market tightens, but demand concerns linger
Oil prices edged up on Friday, lifted by ongoing supply cuts led by producer club OPEC and by U.S. sanctions on petroleum exporters Iran and Venezuela.
Asian shares dip amid caution on global growth, U.S. earnings
Asian shares weakened on Friday as trepidation ahead of the start of the U.S. corporate earnings season and underlying anxiety over the global growth outlook eclipsed some reassuring U.S. economic data.
Oil lifted by OPEC cuts, U.S. sanctions on Iran and Venezuela
Oil prices edged higher on Friday, lifted by ongoing supply cuts led by producer club OPEC and by U.S. sanctions on petroleum exporters Iran and Venezuela.
Exclusive: HNA-linked Hong Kong Airlines seeks $255 million from backers to keep license – sources
Hong Kong Airlines shareholders have demanded to see 2018 accounts before considering providing at least HK$2 billion ($255 million) needed to ensure the carrier – part owned by the indebted HNA Group – keeps its license, two sources said.
Cufflinks and the Caribbean: How Virgin Galactic kept space tourists’ interest and money
Virgin Galactic’s goal to fly tourists into space as early as this summer is about 12 years later than initially promised by its founder, British billionaire Sir Richard Branson.
