Julie Boote News Today

(Bloomberg) -- Voting at shareholder meetings in Japan may become more consequential if the decision by Japanese megabanks to divest their strategic holdings in Toyota Motor Corp. triggers a broader unwinding of cross-held shares among the country’s biggest companies.Most Read from BloombergReal Estate Investors Are Wiped Out in Bets Fueled by Wall Street LoansHere’s Everything Apple Plans to Show at Its AI-Focused WWDC EventPutin’s Wartime Central Banker Tells Him What He D...

"The new appointment is less about a change in direction and more about careful consideration of the best possible way to organise the handover, avoiding disruption and chaos," said Julie Boote, an analyst at Pelham Smithers Associates in London. "It's likely that he'll remain active as chairman for a long time and continue to put his mark on Toyota." At 53, Sato will become one of only a handful of "outsiders" - non-members of the Toyoda family - to have h...

The former CEO, now chairman's influence and planning may continue to be felt for many years, analysts say.

The cost of holiday car hire has gone through the roof. And the experience can put a damper on your trip. Using taxis is an easier – and cheaper – option, says Merryn Somerset Webb.

Japan automakers ready to report profit drop Carmakers worldwide had to adjust or suspend production due to chip shortage Reuters May 11, 2021 TOKYO: While Japan’s biggest automakers report what analysts expect to be depressed earnings this week, investors looking for trading cues will be tuned into any assessment of the future impact of a global chip shortage that has forced a shake-up in production. Automakers worldwide have had to adjust or suspend production in the past few months as fac...

Chip shortage in focus as Japan automakers ready to report profit drop Toggle share menu Advertisement Chip shortage in focus as Japan automakers ready to report profit drop FILE PHOTO: The Toyota logo is seen at its booth during a media day for the Auto Shanghai show in Shanghai, China, April 19, 2021. REUTERS/Aly Song 10 May 2021 11:45AM (Updated: 10 May 2021 12:38PM) Share this content Bookmark TOKYO: While Japans biggest automakers report what analysts e...