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Japan to adopt international method for fuel-economy testing in 2018

Jun 27, 2016

Japan to adopt international method for fuel-economy testing in 2018

The transport ministry plans to adopt an internationally standardized method of testing car fuel economy, beginning in 2018. The standardized method will cut costs for automakers and help them provide consumers with fuel efficiency figures closer than ever to actual on-road performance, ministry officials ...

British bracing for world economy to punish U.K. for Brexit

Jun 26, 2016

British bracing for world economy to punish U.K. for Brexit

The British were warned for weeks that a vote to leave the European Union would result in economic pain. Now they’ll find out whether it will. U.K. financial leaders are scrambling to reassure households, businesses and investors that they can contain the doom and ...

Jun 25, 2016

China-led development bank approves first loans

A new Chinese-led development bank has approved its first loans and expects to suffer no impact from Britain’s vote to leave the European Union, the bank’s president said Saturday at its first annual meeting. The Asian Infrastructure Investment Bank, launched in January with 57 ...