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(NY: APIE )

29.49 -0.46 (-1.54%)
Official Closing Price Updated: 8:00 PM EST, Nov 8, 2024 Add to My Watchlist
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Toyota To Delay EV Production In North America Due To Slowing Sales: Report
Toyota delays North American EV production to first half of 2026, citing slowing sales. Plans to launch 10 new EV models globally by 2026. 
Via Benzinga
Toyota Boosts Share Buyback Program: Details Here
Toyota increases share buyback plan to 1.2 trillion yen, reflecting stock price. With this increase, Toyota can now repurchase up to 315.5 billion yen (210 million shares). 
Via Benzinga
Alibaba Teams Up With Nvidia to Supercharge EVs for Chinese Automakers: Report
Alibaba's cloud unit partners with Nvidia to enhance autonomous driving for Chinese smart vehicles. U.S. sanctions on chipmakers impact AI efforts. 
Via Benzinga
Topics Artificial Intelligence
Exposures Artificial Intelligence
Jack Ma Urges Alibaba to Embrace Competition, Highlights Growth Opportunities
Jack Ma urges Alibaba to trust in market forces despite challenges and competition. Company reports 4% Y/Y growth and $3.34B net income in Q1 2024. 
Via Benzinga
What's Going On With Toyota Motor Stock Today?
Toyota Motor shares are down as the company revises its 2026 EV production target downward. Also, Japan pledges $2.4 billion to boost battery production. 
Via Benzinga
Alibaba and Mastercard Team Up To Offer New Perks for US Business Owners
Alibaba.com and Mastercard collaborate to offer co-branded credit card for US buyers, part of Alibaba's growth initiatives amid regulatory challenges. 
Via Benzinga
Topics Credit Cards
Exposures Interest Rates
What's Going On With Toyota Motor Stock Thursday?
Toyota has announced an expanded collaboration with BMW to advance hydrogen fuel cell technology. The partnership will see the development of a new generation of fuel cell powertrain systems, set to... 
Via Benzinga
Topics Electric Vehicles
Exposures Electric Vehicles
Toyota Aims To Reduce EV Costs with Gigacasting Machine: Report
Toyota reportedly plans to install a gigacasting machine to reduce EV production costs and catch up with competitors. Tesla also uses this technique. 
Via Benzinga
Toyota Expands EV Production With New Fukuoka Battery Plant: Report
Toyota Motor Corp (NYSE ) plans a new battery plant for EVs in Fukuoka, Japan, to boost production capabilities. The plant will supply batteries for Lexus cars and make Kyushu a key hub for Toyota's EV... 
Via Benzinga
Topics Economy
Exposures Supply Chain
LexisNexis Legal & Professional Launches AI Research Tool Nexis+ AI
LexisNexis has launched Nexis+ AI, an AI-powered research platform that provides access to 20,000+ news providers to quickly extract and analyze business, financial, and legal information. 
Via Benzinga
Topics Artificial Intelligence
Exposures Artificial Intelligence
Toyota Subsidiary Violated Japan's Law Protecting Subcontractors: Report
A subsidiary of Toyota was found violating Japan's subcontractor protection laws, according to the Japan Fair Trade Commission (FTC). Toyota Customizing & Development Co. (TCD) failed to compensate... 
Via Benzinga
Topics Supply Chain
Exposures Supply Chain
HSBC Slows Hiring, Cuts Costs As Europe's Largest Bank Prepares For New CEO
HSBC is not replacing all recently departed staff. Instead, certain departments have been instructed to pause hiring altogether. 
Via Benzinga
Thousands Of HSBC Britain Customers Left Stranded By Online Banking Outage: Report
Thousands of HSBC customers in Britain faced online banking difficulties due to an outage, with over 7,000 reports. HSBC stock gained 14% in the last 12 months. 
Via Benzinga
ABN Amro Nears HSBC's German Wealth Management Unit Buyout: Report
ABN Amro is reportedly close to buying HSBC Holdings' wealth management unit in Germany, expanding its presence. HSBC aims to overhaul its German operations. 
Via Benzinga
What's Going On With Barclays' Shares On Friday?
Barclay's leveraged finance practices come under scrutiny as the Prudential Regulation Authority mandates a thorough review, part of a UK-wide initiative to bolster oversight of private equity risks. 
Via Benzinga
Sony Steps Into Theater Business With Alamo Drafthouse Purchase
Sony Pictures Entertainment, part of Sony Group Corp, has acquired the Alamo Drafthouse Cinema, renowned for its unique dine-in movie experience. This move aims to rejuvenate the theater industry,... 
Via Benzinga
What's Going On With Banking Giant HSBC Stock Today?
HSBC completed the acquisition of Citigroup's retail wealth management portfolio in China, a move that doubles their net new invested assets. 
Via Benzinga
Toyota's Market Value Plunges Over $15B Amid Test Falsification Scandal; Mazda, Honda, Suzuki Follow Suit
The stock prices of major Japanese automakers, including Toyota, Mazda, Honda, and Suzuki, have taken a hit following a safety scandal. 
Via Benzinga
What's Going On With Sony Stock On Tuesday?
Sony Group Corp (SONY) stock rises as PlayStation VR2's PC adapter set to launch on Aug 7. Adapter will support Steam VR games, DisplayPort needed. 
Via Benzinga
Gear Shift In Japan: Toyota & Other Auto Giants Reportedly Under Inspection Over Certification Scandal
Japan's transport ministry inspected Toyota Motor Corporation's headquarters and found irregularities, leading to broader repercussions in the industry. 
Via Benzinga
HSBC To Announce New CEO By July To Stabilize Asia-Focused Strategy
HSBC aims to announce successor to CEO Noel Quinn before July, emphasizing the need for stability and avoiding delays in the search. 
Via Benzinga
Why UK's National Grid Shares Are Diving Today
National Grid plc's shares down after reporting lower FY24 revenue, with 32% increase in EPS. Plans to invest $75 billion in US and UK over 5 years. 
Via Benzinga
Toyota Faced Major Delays At Mexican Plant Due To Labor Shortages
Toyota Motor Corp (NYSE:TM) has experienced significant production challenges at its Tijuana, Mexico plant, leading to multiple stoppages in February and March. Labor shortages and technical problems... 
Via Benzinga
Topics Economy
Exposures Supply Chain
Lloyds Banking Plans To Cut Job In Risk Management Division: Report
Lloyds Banking Group reportedly plans to restructure risk management division, resulting in 175 job cuts. Meanwhile, the company is reportedly creating more than 100 new roles requiring more technical... 
Via Benzinga
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