6.8 million of them will be produced overseas and 3.4 million will be made in Japan. For the first time ever, Toyota Motor Corporation will assewmble more than 10 million vehicles over the course of a year, reports Nikkei newspaper. The plan is set at a level of 10.2 million cars, as the company’s data suggests. Of them, 3.4 million cars will be made in Japan, and the remaining 6.8 million will...

According to Patrik Ducrey, the organization's director, the Swiss Competition Commission (Weko) is reviewing the terms of UBS's acquisition of Credit Suisse. "We will present our position to the Financial Markets Supervisory Authority at the end of September," Ducrey stated. He made no mention of the specific antitrust laws that may have been broken. The price of Credit Suisse shares on the...

The company had previously submitted an application to start trading its shares again on the Hong Kong Stock Exchange on August 28. After nearly a year and a half without trading, shares of Evergrande, one of China's major real estate development businesses, have returned to the Hong Kong Stock Exchange with an 80% decline. During the morning session, Evergrande shares were down 87%, but...

The protests are planned as demonstrations at two locations in Wheatstone and Gorgon. Two sites in Gorgon and Wheatstone that are owned by the Australian branch of the multinational oil and gas corporation Chevron received votes in favor of a strike, reports Reuters. Over 99% of the 433 workers who participated in the ballot backed the stoppage of production, according to a statement from the...

The gas business stated that the annual delivery might reach 800,000 tons. US gas giant Cheniere Energy signed a long-term deal to supply Germany's BASF with up to 800,000 tons of LNG per year starting in 2026. Cheniere Energy, Inc. stated that Cheniere's subsidiary, Cheniere Marketing, LLC, has signed a long-term sales and purchase deal with BASF for liquefied natural gas. The German company...

UK-based chip maker Arm has submitted a registration statement for an initial public offering (IPO) on the Nasdaq exchange. In a press release, Arm Holdings Limited ("Arm") stated that it has submitted a Form F-1 registration statement to the SEC regarding a planned initial public offering (IPO) of American Depositary Shares ("ADSs"), which represent its common stock. Arm has submitted an...

The assets of gold exchange-traded funds have increased by at least 2.8 thousand tons since March 2020. Due to growing anticipation of further hikes in the Federal Reserve System's benchmark rate, interest in metals is dropping as US Treasury bond yields rise to multi-year highs. As a result, the price of gold decreased to a five-month low and stabilized around $1900 for a troy ounce. The...

According to APA Corporation's CEO John Christman, the company "looks forward to government support to continue expanding its presence in the Egyptian market." In 2024, the US company APA Corporation plans to invest over $1.4 billion to construct projects in Egypt's oil industry, said by the Arab republic's Cabinet of Ministers following the outcomes of discussions held in Cairo between the...

6.9% price reductions were introduced in the premium S and X model categories, the newspaper claims. Tesla has reduced the price of models made for the Chinese market in an effort to take up more market share and unseat regional rivals, writes The Financial Times. On Monday, the business "reduced the prices of various models of electric cars," including by 6.9% in the area of premium models S...