Business

Nissan Motor Co. plans to cut its global production capacity by 20 percent from the current level by fiscal 2022, as the spread of the new coronavirus has led to …

Nissan to cut production capacity by 20% as coronavirus hits sales Read More

Major mobile phone carriers KDDI Corp. and SoftBank Corp. saw their group operating profits hit record highs in fiscal 2019, which ended in March, while rival NTT Docomo Inc. posted …

KDDI and SoftBank enjoyed record operating profits in fiscal 2019 Read More

Mazda Motor Corp. said Thursday its group net profit sank 80.8 percent in fiscal 2019 from a year earlier, to ¥12.13 billion ($113 million), on sales declines in global markets …

Net profit of Mazda’s dropped 80% in fiscal 2019 as pandemic hit Read More

OMAHA, Neb: U.S. meat exports are surging even as the industry is struggling to meet domestic demand because of coronavirus outbreaks at processing plants that have sickened hundreds of workers …

Meat exports surge as industry struggles to meet US demand Read More

TOKYO (AP) : Japanese electronics and entertainment company Sony Corp. reported Wednesday that its quarterly profit tumbled as the coronavirus pandemic delayed music and movie releases and disrupted product supply chains. Tokyo-based Sony’s profit …

Sony’s profits dive as stores, cinemas close during pandemic Read More

Boeing failed to sell a single commercial airplane but saw orders for 108 planes canceled in April as a sharp drop in air travel erased any demand among airlines for …

Another month without single airliner order for Boeing Read More

TOKYO : Japanese automaker Honda Motor Co. sank deeper into losses for the fiscal quarter that ended in March, as the damage to the industry from the coronavirus outbreak hurt sales and …

Huge quarterly losses for Honda Read More