TOKYO : Toyota Motor Corp reported on Monday a 1.5 per cent rise in November global vehicle output, reaching a new record of 833,104. Domestic production slid 3.3 per cent to 266,174 vehicles, while overseas output rose 3.8 per cent to an all-time high of 566,930 for the month. Global […]
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SINGAPORE : In a year when Indian equities emerged as the best performers in Asia and the country took advantage of a structural shift in supply chains from a pandemic-hit China, forecasts of robust economic growth are set to keep stocks on a firm footing. India’s Nifty 50 index struck […]
Tesla Inc is offering discounts on Model 3 and Model Y vehicles delivered in the United States and Canada this month, sales pages on its website showed on Wednesday, amid concerns the automaker is facing softening demand as economies slow. The company is giving a $7,500 credit in the United […]
Manchester United manager Erik ten Hag said right back Aaron Wan-Bissaka has a future at the club after the defender impressed in a 2-0 League Cup win over Burnley. United took the lead when Wan-Bissaka sent a cross into the six-yard box to set up Christian Eriksen from close range […]
Tyson Fury and Oleksandr Usyk have agreed to have a bout early next year to decide the undisputed heavyweight world championship, Fury’s promoter Bob Arum said. Britain’s Fury roared out a challenge to Ukrainian Usyk, the WBA, IBF, WBO and IBO champion, after retaining his WBC title this month with […]
NEW YORK: Billionaire Elon Musk said yesterday he will step down as chief executive of Twitter Inc TWTR.N once he finds a replacement, but will still run some key divisions of the social media platform. “I will resign as CEO as soon as I find someone foolish enough to take […]
WASHINGTON: Ukrainian President Volodymyr Zelensky is expected to visit the White House and the US Capitol today, though security concerns could force a change in plans, two sources familiar with the planning said yesterday. Punchbowl News first reported the possible trip, which would be Zelensky’s first known visit outside Ukraine […]
TEHRAN: Iran said today that officials from the UN nuclear watchdog would visit the country in the coming days with the aim of resolving “ambiguities” over claims of secret activities. The UN’s Vienna-based International Atomic Energy Agency, or IAEA, has for months been calling on Iran to explain the presence […]
LONDON: Thousands of homes on the Shetland Islands off Scotland’s northeast coast were without power in freezing temperatures today after “significant” snowfall, the electricity provider said. The Scottish and Southern Electricity Networks (SSEN) said engineers were working to restore supplies to about 2,800 homes but that full restoration was only […]
JAKARTA : Indonesia’s parliament is expected to pass a bill this week that will allow former politicians to head Bank Indonesia (BI), the central bank, and expand its mandate to include supporting economic growth, moves that critics say could weaken its independence. The parliamentary commission overseeing the legislation, called the […]