Toyota Motor Corp's labour union plans to seek an average pay rise of 10,100 yen ($91.98) per month in wage negotiations this year, public broadcaster NHK reported on Thursday, 600 yen less than the increase granted last year.
Fiat Chrysler's chief executive Michael Manley said on Wednesday merger talks with Peugeot owner PSA to create the world's No. 4 carmaker are progressing well and he hopes to have a deal sealed within 12-14 months.
The initial trade deal between Washington and Beijing is unlikely to provide a significant boost to the U.S. economy and will only reduce the downside risk or at best help activity moderately, a Reuters poll showed.
Medical device maker Abbott Laboratories Inc beat quarterly sales estimates on Wednesday, benefiting from higher demand for its nutrition products and generic drug sales.
Asian shares and U.S. stocks fell on Thursday as investors remained anxious about the spread of a new flu-like virus in China just as millions prepared to travel for the Lunar New Year.
The safe-haven Japanese yen was firm and the Chinese yuan fragile on Thursday as traders kept a wary eye on the spread of a virus in China, while the ailing Australian dollar jumped after a surprise drop in unemployment.
French carmaker PSA said on Wednesday it did not know if 1.6 liter diesel engines it supplied to Japanese carmaker Mitsubishi between 2015 and 2018 are part of a probe in Germany.
Australia's Westpac Banking Corp on Thursday named a former Barclays boss as chairman, entrusting veteran banker John McFarlane to help steer it through the fallout of a massive money-laundering scandal.
Bankrupt California power producer PG&E Corp said on Wednesday it had reached a deal on its restructuring with creditors, who were pushing for a rival plan.
South Korea's Hyundai Motor Co reported a better than expected quarterly operating profit, helped by brisk sales of sport-utility vehicles such as its Tucson and Palisade models.
Hong Kong's Cathay Pacific Airways Ltd will allow cabin crew to wear a surgical mask while operating mainland China flights due to concerns over a new coronavirus, and passengers to Wuhan to change or cancel flights without charge through Feb. 15.
Shared workplace operator WeWork said on Wednesday it sold cloud and analytics services provider Teem to digital workplace solutions provider iOFFICE, as it offloads non-core businesses after a botched initial public offering last year.
BlackRock Inc has built a 5.12% stake in Toshiba Machine , a former Toshiba Corp subsidiary that has been targeted by Japan's most prominent activist investor, according to a regulatory filing by the U.S. asset manager.
ValueAct Capital Partners LP's founder Jeff Ubben is stepping down as chief executive officer and will be replaced by the activist hedge fund's president, Mason Morfit, the Financial Times reported on Wednesday.
How to avoid making bad spending decisions, whether it's an irresistible jacket or a gym membership that you're sure will help you meet your fitness goals.