Mitsubishi

Major Japanese trading house Mitsubishi Corp. said Friday it was carrying out an investigation after its Singapore-based subsidiary lost $320 million because of unauthorized trades by an employee. In a statement, the firm said the losses involved a local employee of Petro-Diamond Singapore who was ...

Mitsubishi Aircraft Corp. saw a boost this week to sales of its long-delayed SpaceJet regional aircraft, as Mesa Air Group Inc. signed a pact to negotiate a potential 100-plane deal. The memorandum of understanding, signed Thursday, calls for Mitsubishi and Mesa to discuss terms for ...

South Korea's fair trade commission has ordered four Japanese companies to pay fines totaling 9.2 billion won (¥803 million) for rigging bids on auto parts supplied to South Korean automakers. According to media reports Sunday, the four are Mitsubishi Electric Corp., Hitachi Automotive Systems Ltd., ...

Mitsubishi Heavy Industries Ltd., which agreed Tuesday to buy Bombardier Inc.'s loss-making regional jet program, plans to exploit the Canadian company's support network and global customer list to rejuvenate its delayed efforts to conquer the jet market. Japan's return to the aircraft market for the ...

Japan's Mitsubishi Aircraft Corp. is displaying its SpaceJet at the biennial International Paris Air Show, which opened Monday, marking the first public exhibit of the plane since it was renamed from the Mitsubishi Regional Jet last Thursday. The aircraft is among the exhibits from some ...

Bombardier Inc. is in talks to sell its CRJ regional jet program to Mitsubishi Heavy Industries Ltd., a move that would end the Canadian industrial champion's involvement in commercial aircraft. Both sides confirmed they were in discussions after the Air Current reported Wednesday that negotiations ...

French carmaker Renault SA is in talks with Fiat Chrysler Automobiles NV with the aim of creating a world-leading alliance including Nissan Motor Co. and Mitsubishi Motors Corp.

Mitsubishi Chemical Corp. said Tuesday that it will ban employees from smoking during working hours, an unusual move for a major Japanese chemical company. The ban, slated to go into effect from next April, is aimed at protecting employees from secondhand smoke, said the core ...

Nissan Motor Co. is opposing renewed efforts by alliance partner Renault SA to merge under a holding company because such a structure won't help turn it around, according to a source with knowledge of the discussions. Talks have been ongoing since Renault Chairman Jean-Dominique Senard ...

Chiyoda Corp., one of the world's leading builders of liquefied natural gas plants, said Thursday it will receive a total of ¥180 billion from trading house Mitsubishi Corp. and MUFG Bank to turn around its finances. Under a reconstruction plan, Chiyoda will get a capital ...