Thursday, February 26, 2026
Business
Toyota announces Lexus EV plant in Shanghai
Tokyo (AFP) - Japan's Toyota said Wednesday it will build an electric vehicle plant in Shanghai for its luxury Lexus...
Honda shares jump on reports it wants Nissan as subsidiary
Tokyo (AFP) - Honda shares surged on Wednesday as Japanese media said the automaker had proposed making its struggling rival...
Ferrari races to another record-breaking year, e-model set for Oct. 9
Rome (AFP) - Italian luxury carmaker Ferrari posted another set of record results on Tuesday, with net profit surging to...
Ferrari reports another record-breaking year
Rome (AFP) - Italian luxury carmaker Ferrari posted another set of record results on Tuesday, with net profit surging to...
Tequila maker Diageo axes sales target on Trump tariffs
London (AFP) - Diageo, the maker of Guinness stout and Johnnie Walker whisky, scrapped Tuesday a key performance target with...
UBS profit beats forecast as Credit Suisse merger nears end
Zurich (AFP) - Swiss banking giant UBS said Tuesday that it remained on track to substantially wrap up its mega-merger...
Nintendo cuts net profit forecast as Switch sales slow
Tokyo (AFP) - Japanese video game giant Nintendo on Tuesday cut its annual net profit forecast after hardware and software...
Musk’s US government ‘takeover’ sounds alarm bells
Washington (AFP) - Elon Musk has begun swinging his wrecking ball at the US government, with concerns growing over the...
South Korea appeals court upholds Samsung chief’s fraud acquittal
Seoul (AFP) - Samsung Electronics chief Lee Jae-yong was cleared again Monday of a raft of charges linked to a...
Taliban govt-run corporation takes over luxury Kabul Serena hotel
Kabul (AFP) - Afghanistan's Taliban government took over management of Kabul's famed Serena hotel on Saturday, a hotel statement said,...
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