The Japanese military has sought a hike in its annual budget for the eighth consecutive year in a bid to fund the purchase of US-built stealth jet fighters, interceptor missiles and other military hardware to face perceived threats from China and North Korea. Tokyo’s defense ministry budget proposal — unveiled …
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Fiat Chrysler has proposed a merger with Renault that would create the third biggest carmaker in the world behind Volkswagen and Toyota. The tie-up is aimed at saving billions of dollars for both companies as the car industry moves towards electric and autonomous vehicles. In a statement on Monday, Italian-American …
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Former Nissan chief Carlos Ghosn has been rearrested in Tokyo on fresh financial misconduct allegations. Authorities arrested the 65-year-old less after he was dramatically freed on bail last month in Japan following more than 100 days in detention. According to local media, prosecutors entered Ghosn’s temporary accommodation in central Tokyo …
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