Business

Embattled conglomerate Toshiba on Friday completed the $21 billion sale of its prized chip unit to an investment consortium, a move seen as crucial to keeping the Japanese firm afloat. The deal had been delayed while Chinese...

Nissan is launching the new Terra frame-based SUV in South East Asia, underlining the company’s commitment to the region. Customers in the Philippines can pre-order the new Nissan Terra as of today, with deliveries starting from...

Toyota Motor North America (TMNA) reported May 2018 sales of 215,321 vehicles, a decrease of 1.3 percent from May 2017 on a volume basis. With one more selling day in May 2018 compared to May 2017,...

Shares in Dixons Carphone have sunk by nearly 20% after it warned of a sharp fall in profits this year. The mobile phone and electrical goods retailer also said it would close 92 of its more than 700...

PepsiCo Inc said on Friday it would buy baked fruit and vegetable snack maker Bare Foods Co, as the food and beverage company expands its fast-growing healthy snack portfolio. Bare Foods, founded in 2001 in a...

Nissan commemorated the milestone of 100,000 Nissan LEAF sales in Japan with a forum focused on the creation of a “zero-emission society.” About 100 people, including local and prefectural government officials and company executives, participated in...

Fiat Chrysler is recalling 4.8 million US vehicles over a defect that could prevent drivers from turning off cruise control. It warned owners, including those outside the US, not to use the function until they get...

To give everyone smartphone a reality, Huawei launches its first Android Go Smartphone Y3 2018 worldwide along with Bangladesh market. It is the updated version of Y3 2017 that came to market last year. Huawei Y3...

Jaguar Land Rover has reported a drop in profits after slower sales growth and rising business investment. Annual pre-tax profits fell to £1.5bn from £1.6bn the year before, and fourth quarter profits almost halved from £676m...

Ride hailing firm Uber will give its European drivers access to medical cover and compensation for work-related injuries. The new protections include sick pay, parental leave and bereavement payments. Uber said it previously “focused too much...