China's market regulator on Friday has fined Japanese carmaker Toyota Motor 87.6 million yuan ($12.5 million) for price-fixing on its premium Lexus cars in eastern Jiangsu province, according to a document on its website.
Oil prices steadied on Friday, hovering just under three-month highs as upbeat economic data from China and the United States and optimism over a trade deal between the two major economies improved investor sentiment.
Daniel Pinto has served as J.P. Morgan's co-president and co-chief operating officer for the last two years.
U.S. stock indexes were set to open at fresh record highs on Friday as optimism over U.S.-China trade relations and an improving global economy brightened investor sentiment going into the new year.
Apple has seen the biggest increase in analyst sell ratings among the 40 largest U.S. stocks.
World stocks scaled record highs on Friday and oil prices stayed buoyant in a holiday-shortened week, as optimism grew that a U.S.-China trade deal would soon be signed.
Japan's Nissan Motor Co has told its managers to slash non-essential spending as the automaker grapples with slumping car sales and tumbling profits, three company sources with knowledge of the matter told Reuters.
Helicopter cash, climate crises, smart cities and the space economy -- investors have all those possibilities ahead as they enter the third decade of the 21st century.
Volkswagen said on Friday that it would reach a key target in the production of electric autos earlier than previously anticipated.
Oil prices rose on Friday, hitting three-month highs, as upbeat economic data from China and the United States indicated an end to the trade war between Washington and Beijing has restored confidence in the global growth.
U.S. electric vehicle maker Tesla Inc will begin delivering Model 3 vehicles built at its Shanghai factory on Monday, a company representative told Reuters.
Nissan Motor Co has selected executive officer Hideyuki Sakamoto as a candidate for the board of directors, the company said on Friday, following the surprise resignation of vice-chief operating officer Jun Seki earlier this week.
Japan's SoftBank Group Corp said Tadashi Yanai, founder and CEO of Uniqlo parent Fast Retailing , will resign as independent board member at the end of the month after 18 years on the job to focus on his fashion business.
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Peru´s labor watchdog has found McDonalds Corp´s Latin America franchisee Arcos Dorados guilty of six "very serious" violations of local safety and health laws following the deaths of two employees in a restaurant kitchen.