Warren Buffett, Berkshire Hathaway CEO and chairman. Cnbc | Nbcuniversal | Getty Images The five trading firms in Warren Buffett-backed Berkshire Hathaway‘s portfolio — Itochu Corp, Marubeni Corp, Mitsubishi Corp, Mitsui & Co, and Sumitomo Corp — have surged, with one rising as much 30% in 2024. These five names are also the biggest of … Read more
Pedestrians cross an intersection in the Shibuya district of Tokyo, Japan, on Tuesday, Feb. 6, 2024. Bloomberg | Bloomberg | Getty Images Asia-Pacific markets continued Friday’s sell-off as investors awaited key trade data from China and Taiwan this week, as well as central bank decisions from Australia and India. Japan’s markets led losses in the … Read more
BEIJING, CHINA – JULY 11: People take photos of WeRide Robobus, a fully-driverless shuttle capable of SAE Level 4 autonomous driving, at Beijing High-level Autonomous Driving Demonstration Area on July 11, 2024 in Beijing, China. (Photo by Jia Tianyong/China News Service/VCG via Getty Images) China News Service | China News Service | Getty Images Self-driving … Read more
The remains of the Francis Scott Key Bridge on March 26, 2024 in Baltimore. Michael A. McCoy | The Washington Post | Getty Images The Baltimore bridge collapse has prompted carmakers to assess operations after the closure of the busiest U.S. auto port. Many do not expect major disruptions so far. In a dramatic scene, … Read more
Japanese national flag fluter at the Bank of Japan headquarters in Tokyo on December 19, 2023. The Bank of Japan on December 19 maintained its long-standing, ultra-loose monetary policy and offered no guidance on its plans in the new year, sending the yen down against the dollar and boosting stocks. (Photo by Kazuhiro NOGI / … Read more
Mumbai: TVS Mobility, a TVS Group company with presence in automotive retail and aftermarket businesses, has formed its second partnership with Mitsubishi Corp. This would entail the Japanese conglomerate investing Rs 300 crore for a 32% stake in TVS Vehicles Mobility Solutions (TVS VMS), a newly formed subsidiary. The alliance is part of a broader … Read more
TVS Mobility on Monday said it has formed a joint venture with the Japanese conglomerate Mitsubishi Corporation to establish a comprehensive vehicle mobility ecosystem in India. As part of the collaboration, Mitsubishi Corporation will initially invest Rs 300 crore with both parties committed to support the growth of the joint venture. This investment is intended … Read more
