Mazda, Suzuki, Yamaha Motor submit reports on improper testing: Japan ministry
Mazda Motor Corp, Suzuki Motor Corp and Yamaha Motor Co have submitted reports to Japan’s transport ministry that they conducted improper fuel economy and emissions tests on their vehicles, the ministry said on Thursday.
Trade tensions torpedo oil, U.S. sanctions hammer Russian rouble
Asian shares were subdued on Thursday after a new round of tit-for-tat tariffs in the U.S.-Sino trade conflict torpedoed oil prices, while the Russian rouble tumbled as the U.S. slapped fresh sanctions on the country.
Rite Aid and Albertsons Companies agree to terminate merger agreement
Drug store chain Rite Aid Corp and U.S. grocer Albertsons Companies Inc agreed to terminate their merger agreement, the companies said on Wednesday, a little over 10 days after a shareholder advisory firm opposed the deal.
Mazda, Suzuki cheated on mileage and emissions tests: Nikkei
Mazda Motor Corp and Suzuki Motor Corp conducted improper fuel economy and emissions tests on their vehicles, the latest in a series of compliance scandals in Japan’s auto sector, the Nikkei business daily reported.
Chinese state media accuse U.S. of ‘mobster mentality’, vow to fight tariffs
Chinese state media on Thursday accused the United States of a “mobster mentality” in its move to implement additional tariffs on Chinese goods, and warned Beijing had all the necessary means to fight back.
Video of Redstone patriarch to be reviewed in CBS legal battle
A video of 95-year-old Sumner Redstone, the patriarch of the family that owns the voting majority of CBS Corp , can be reviewed in the U.S. broadcast and media company’s legal battle against the family, a Delaware judge ruled on Wednesday.
Fox tops estimates as ‘Deadpool 2,’ cable earnings drive gains
Twenty-First Century Fox Inc’s quarterly profit and revenue topped Wall Street targets on Wednesday, thanks to the popularity of edgy superhero movie “Deadpool 2” and as the company’s cable unit earned higher fees from distributors.
Roku’s platform drives quarterly revenue beat, shares jump
Roku Inc on Wednesday topped Wall Street estimates for quarterly revenue as its strategy to focus on its ad-supported platform paid off, with more viewers spending longer hours streaming content.
Khamenei says Iran does not have anything to be concerned about
Iran’s utmost authority Supreme Leader Ayatollah Ali Khamenei said the Islamic Republic had nothing to be concerned about, a report on his official website said on Wednesday, as the country’s clerical leadership faces biting U.S. sanctions.
SEC examining Musk’s tweets on taking Tesla private: WSJ
U.S. regulators are asking Tesla Inc why Chief Executive Elon Musk announced his plan to take the electric carmaker private on Twitter and whether his statement was truthful, the Wall Street Journal reported on Wednesday.
