On Monday, in a joint statement, Toyota Motor Corp and Panasonic Corp stated, they have agreed to set up a joint venture which will specialize in producing prismatic electric vehicle batteries. Prismatic electric vehicle batteries developed by the joint venture… Read More ›
shareholding
Air-France KLM passenger load factor touches 87.1%
Passenger load is a technical term in aviation parlance that equates to passenger density per flight. A higher figure denotes increased efficiency. On Friday, Air France KLM, which has in the past been the subject of political tensions between France… Read More ›
China’s HNA cuts stake in Deutsche Bank
While earning HNA had voting rights of 7.64%, its now cut it to 6.3%. The development comes as the EU is becoming more conscious of the Chinese threat. According to information available in a filing with the U.S. Securities and… Read More ›
Hedge fund King Street Capital Management seeks to shakeup Toshiba’s board
The development assumes significance since it marks the first signs of dissatisfaction among foreign funds which had bought into Toshiba in 2017. On Friday, the Wall Street Journal has reported citing sources familiar with the matter at hand, King Street… Read More ›