Nissan to introduce new models in Arab world, sets sights on No. 1 in Middle East
Nissan Motor Co. is planning on introducing new models in the Arab world and increasing capacity at its local factories as part of a bid to secure the largest market ...
Lyft gets the jump on Uber, opens up its IPO road show with plan to offer 30 million shares
Lyft has officially kicked off the road show for its initial public offering, saying it plans to put more than 30 million shares up for sale with an anticipated price ...
New Seiyu CEO says Walmart not looking to sell its Japanese supermarket chain
“I’m not here to sell a business,” Lionel Desclee tells reporters in Tokyo in his first public remarks since his appointment Friday. “Absolutely not at all.”
Descente president likely to step down after successful hostile bid by Itochu
Masatoshi Ishimoto, president of sporting goods maker Descente Ltd., is likely to step down after trading house Itochu Corp. successfully completed a hostile tender offer, according to informed sources. Itochu demanded changes to Descente's management when senior officials of the two Japanese companies met in ...
Twitter's former CFO joins SoftBank-backed farming startup Plenty
Twitter Inc.'s former chief financial officer has joined SoftBank Group Corp.-backed Plenty Inc. in the same role as the indoor farming startup prepares for international expansion and improvements to its vertical growing technology. Mike Gupta helped take Twitter public in 2013 and left for Docker ...
Japan Post Insurance eyes firms with tech edge in new ESG investment strategy
Japan Post Insurance is shifting its approach to sustainable investing by picking companies with a technological edge for solving global problems, its investment chief said, in a move away from typical ESG selection criteria. With total assets of ¥74.5 trillion ($670 billion), the life insurer ...
Nissan-Renault-Mitsubishi alliance needs simpler decision-making, French automaker chief says
Renault, Nissan and Mitsubishi Motors need to streamline the alliance's decision-making processes, Renault SA Chairman Jean-Dominique Senard said in an interview with the French newspaper Le Figaro. The three automakers announced last week that they will establish a new management board consisting of their top ...
Nissan governance improvement panel to release proposals on March 27
A Nissan Motor Co. committee tasked with improving the automaker's governance said Sunday it will release a set of proposals on March 27. The committee, formed after former Nissan Chairman Carlos Ghosn's arrest in November over alleged financial misdeeds, said it will hold a news ...
Co-pilot with All Nippon Airways unit found to be over alcohol limit, delaying another flight
All Nippon Airways Co. said Friday an international flight run by a group company was delayed the same day after a breath test showed the co-pilot had a higher than permissible alcohol level. The co-pilot from Air Japan Co. had drunk more than 10 330-ml ...
Trump's auto tariff threat 'makes me sad,' Toyota chief Akio Toyoda says
During a visit to the U.S., Toyoda seeks to underscore the company’s contribution to the American economy and employment.
Instagram's first overseas development team to set up shop in Tokyo
The head of Instagram says its first development team outside the United States will set up shop in Tokyo this summer to bolster the photo- and video-sharing platform's services and functions. Instagram, a subsidiary of Facebook Inc., aims to strengthen the design and quality of ...
