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NEW YORK, United States (AFP) — Much as automakers are hitting the accelerator on electric cars, an aerospace venture backed by Boeing said Thursday it will introduce a hybrid electric plane for delivery in 2022. Zunum Aero, a Seattle startup that counts both Boeing and air carrier JetBlue as investors, released details about an aircraft that could carry 12 passengers up to 700 miles. The plane aims to address a gap in regional travel of […]
TOKYO, Japan (AFP) — Tokyo’s benchmark stock index ended flat Thursday morning, losing most of its early gains as profit-taking overshadowed fresh records on Wall Street and a cheaper yen. The Nikkei 225 ticked up 6.41 points to 20,633.07 by the lunch break, after closing at its highest level in more than two years on Wednesday. Tokyo’s broader Topix index reversed course to end the session down 0.07 percent, or 1.14 points, at 1,683.42. The […]
by Rob Lever Agence France Presse WASHINGTON, United States (AFP) — A 2013 hack affected all three billion accounts at Yahoo, triple the original estimate, the online giant’s parent company said Tuesday following a new analysis of the incident. The disclosure from Verizon, which acquired Yahoo’s online assets earlier this year, revised upward the initial estimate of one billion accounts affected. The statement said the estimate is based on “new intelligence” following an investigation with […]
TOKYO, Japan (AFP) — Tokyo stocks opened higher on Wednesday after fresh records on Wall Street as optimism over the US economy lifted Japanese carmakers. The benchmark Nikkei 225 index rose 0.22 percent, or 45.82 points, to 20,659.89 in early trade while the broader Topix index was up 0.17 percent, or 2.88 points, at 1,687.34. © Agence France-Presse
by John Biers Agence France Presse NEW YORK, United States (AFP) — all Street stocks finished at records again Tuesday as a surge in automobile sales following US hurricanes kept the bull market alive. All three major US equity indices notched records for the second straight day, while European and Asian markets also mostly rose as Ford, General Motors and other automakers reported September car sales spike after Hurricanes Harvey and Irma forced consumers to […]
SYDNEY, Australia (AFP) — The last Australian-made Toyota rolled off the production line Tuesday, ending over five decades of manufacturing by the Japanese firm as the once-booming local car-making industry grinds to a halt. Toyota announced in 2014 that it would stop making vehicles at its unprofitable Australian plants, joining the country’s other two large automakers — Ford and US giant General Motors’ Holden offshoot. Ford closed its production line last year and Holden will shutter its only […]
TOKYO, Japan (AFP) – Tokyo stocks rose Tuesday morning after Wall Street powered to new records, with investor sentiment buoyed by strong US manufacturing data. The benchmark Nikkei 225 index rose 0.77 percent, or 157.45 points, to 20,558.23 by the break while the broader Topix index gained 0.45 percent, or 7.52 points, to 1,681.14. (Agence France-Presse).
TOKYO, Japan (AFP) — Nissan said Monday it was recalling some 1.2 million cars in Japan that did not meet domestic rules for the final inspection of vehicles. “Approximately 1,210,000 units produced between October 2014 and September 2017 will be subject to re-inspection,” the Japaese automaker said in a statement. The announcement came after Nissan’s shares slumped in Tokyo on reports that tests were performed by staff who were not certified to check the vehicles […]
HONG KONG, China (AFP) – Asian markets rose Monday following records on Wall Street last week on hopes that President Donald Trump’s tax reforms would breathe new life into the US economy. Both the S&P 500 and Nasdaq ended at records, with investors buoyed by expectations of strong earnings ahead of the third-quarter corporate reporting season, which begins in about two weeks. “Stock market euphoria rages on propelled by tax cuts and perhaps a misguided […]
By Rob Lever with Julie Charpentrat in San Francisco Agence France-Presse WASHINGTON, USA (AFP) — Google announced new steps to help struggling news organizations Monday — including an end to a longstanding “first click free” policy to generate fresh revenues for publishers hurt by the shift from print to digital. The moves come amid mounting criticism that online platforms are siphoning off the majority of revenues as more readers turn to digital platforms for news. […]
TOKYO, Japan (AFP) — Tokyo stocks opened modestly higher on Monday, tracking gains on Wall Street as the Bank of Japan’s Tankan survey showed business confidence hitting its highest level in a decade. The benchmark Nikkei 225 index rose 0.16 percent, or 32.65 points, to 20,388.93 in early trade while the broader Topix index was up 0.13 percent, or 2.21 points, at 1.676.96. Ten minutes before the opening bell in Tokyo, the central bank’s Tankan […]
TOKYO, Japan (AFP) – Confidence among Japan’s biggest manufacturers has jumped to its highest level in a decade, a key central survey showed Monday, as the world’s number three economy picks up the pace. The Bank of Japan’s Tankan report — a closely watched quarterly survey of more than 10,000 companies — showed a reading of 22 among major manufacturers in its latest report, the highest since its September 2007 reading when the headline figure […]
