Business

Electric car makers woo Chinese buyers with range, features

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Automakers are showcasing electric SUVs and sedans with more driving range and luxury features at the Shanghai auto show, trying to appeal to Chinese buyers in their biggest market as Beijing slashes subsidies that have propelled demand. Communist leaders wanting China to lead in electric vehicles have imposed sales targets.… Read

Business

Nidec to buy Omron's automotive electronics unit

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Japan'sNidec Corp said on Tuesday it would buy Omron Corp's automotive electronics unit for about 100 billion yen ($893.50 million) as the precision motor maker accelerates its push into autonomous driving. The deal is part of Nidec's drive to double sales of the automotive business to 600 billion yen by… Read

Business

How to create connections at work in the age of isolation

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If an overflowing inbox is killing your productivity at the office, you are not alone. Well, maybe you are, but not in the way you think. A recent survey of more than 2,000 managers and employees in 10 different countries found that employees increasingly depend on technology to communicate with… Read

Business

Auto giants battle used car dealers for Africa's huge market

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At the edge of Nairobi's Ngong Forest, thousands of used cars glitter in the hot sun on a dusty field, waiting for buyers. Imported from Japan or the Middle East, they offer an affordable route to vehicle ownership in Kenya and have dominated the market for decades. That is an… Read

Business

Global car makers face bumpy road as China hosts auto show

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Global car makers flock to the Shanghai Auto Show this week with the world's largest vehicle market facing an unfamiliar sales slump just as China veers toward an ultra-competitive electric future. Fuelled by rising incomes and government sales incentives, China has been the golden goose upon which the global automotive… Read

Business

Group asks U.S. gov't to probe Nissan automatic emergency braking

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A U.S. auto safety group wants the government to investigate automatic emergency braking on some Nissan Rogue SUVs, alleging that the safety feature makes the vehicles brake even when there's no emergency. The nonprofit Center for Auto Safety filed a petition with the National Highway Traffic Safety Administration seeking the… Read

Business

As domestic options wane, Japan turns to U.S. acquisitions

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Japanese companies continued their recent spree of mergers and acquisitions (M&As) in 2018, with an impressive number of deals coming to fruition. Some of these involved eye-catching agreements with US companies. And analysts suggest that the prospects for this year appear similarly positive, despite the clouds of geopolitical tension hinting that a global economic downturn… Read

Business

Selling with the enemy: Why rival retailers embrace Amazon.com

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Chico's FAS Inc warned in January that it would shutter at least 250 stores across its namesake brand, along with its White House Black Market and Soma labels. But the U.S. women's clothing chain is expanding a different storefront - its Chico's-branded micro site on Amazon.com Inc. The world's largest… Read

Business

Mazda recalls nearly 190,000 cars in U.S. due to failing wipers

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Mazda is recalling nearly 190,000 Mazda 3 compact cars in the U.S. because the windshield wipers can fail. The company says in documents posted Saturday by the U.S. National Highway Traffic Safety Administration that the recall covers cars from the 2016 through 2018 model years. The Japanese automaker traced the… Read

Business

Amazon Japan raises Prime membership fee for first time in 11 years

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Amazon.com Inc's Japanese unit raised the membership fee for its Prime service by 26 percent on Friday, the first such hike since it was launched in the country 11 years ago. The new annual Prime membership fee is 4,900 yen versus 3,900 yen previously, Amazon said in a statement. The e-commerce… Read

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