Tag: Corporate news
Full COVID-19 lockdown adds to financial strain in Turkey
ISTANBUL — As cases and deaths soar, Turkey’s president has instructed people to stay home for nearly three weeks and shut down many businesses...
VW Mexico sets production suspensions over chip shortages
MEXICO CITY — Volkswagen de Mexico said Monday it will suspend production of Jetta models in Mexico for two weeks next month and will...
Slipping COVID-19 treatment demand hits Eli Lilly forecast
INDIANAPOLIS — Eli Lilly fell well short of Wall Street’s first-quarter expectations, and the drugmaker chopped the top end of its earnings forecast due...
Toyota acquires Lyft’s self-driving unit for $500 million
TOKYO — Toyota Motor Corp. has acquired the self-driving division of American ride-hailing company Lyft for $500 million, in a move that underlines the...
VW Mexico sets production suspensions over chip shortages
<p>MEXICO CITY — Volkswagen de Mexico said Monday it will suspend production of Jetta models in Mexico for two weeks next month and will...
Europe starts tests for automated asteroid spotters
BERLIN — Scientists said Tuesday they have switched on a new telescope at the European Southern Observatory as part of an effort to create...
Powerful Iowa companies got state testing help, records show
IOWA CITY, Iowa — When Gov. Kim Reynolds’ administration arranged coronavirus testing at the office of the governor’s biggest campaign donors, it was the...
Asia Today: India records 320K cases as foreign help arrives
<p>NEW DELHI — India recorded more than 320,000 new cases of coronavirus infection Tuesday as a grim surge of illness and death weighed on...
Ford to develop, produce its own electric vehicle batteries
DETROIT — Saying that it wants to control the key technology for electric vehicles, Ford plans to open a battery development center near Detroit...
Toyota acquires Lyft’s self-driving unit for $500 million
<p>TOKYO — Toyota Motor Corp. has acquired the self-driving division of American ride-hailing company Lyft for $500 million, in a move that underlines the...