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Akio Toyoda

No longer the beast, Toyota strives for beauty

As Toyota Motor President Akio Toyoda passed the banged-up Aston Martin Zagato in his Lexus LFA on the Nuerburgring race track last month, he figured that was it for the British race car.
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A warehouse contracted out by Goldman Sachs warehouse subsidiary Metro International Trade Services to hold metals is seen in Detroit in this photo taken July 12, 2011.

Goldman's New Money Machine: Warehouses

In a rundown patch of Detroit, enclosed by a cyclone fence and barbed wire, stands an unremarkable warehouse that investment bank Goldman Sachs has transformed into a money-making machine.
Djokovic upset by unseeded Nishikori in Basel

Djokovic upset by unseeded Nishikori in Basel

World number one Novak Djokovic was surprisingly beaten by unseeded Kei Nishikori of Japan in the semi-finals of the Basel Open on Saturday, suffering a new injury setback in the process.
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Fashion’s Night Out: Vogue Editors Take on Tokyo

Tokyo's Fashion's Night Out was not just fashionable, it was momentous. For the first time, Vogue editors from around the globe joined forces to celebrate the premiere of Japan's Fashion's Night Out in Tokyo. Anna Wintour led the chic clique of 17, for her first visit to the country in more than 20 years.
Greek PM George Papandreou and FM Evangelos Venizelos applaud after winning a vote of confidence in the Greek parliament in Athens

Greek PM to Push Coalition Plan in Meeting with President

Greek Prime Minister George Papandreou is meeting with Greek President Karolos Papoulias Saturday in the drive for a new coalition government to save the nation from bankruptcy and prevent its debt crisis from spreading chaos across the Eurozone.
Models appear at the end of a presentation by French designer Christophe Lemaire for fashion house Hermes as part of their Spring/Summer 2012 fashion collection in Paris

Hermes Raises Full-year Sales Goal

French luxury group Hermes raised its full-year sales forecast on Friday after third-quarter growth beat its initial target, pulled by buoyant demand for the 174-year-old brand in Europe, the Americas and Asia.
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Italy accepts IMF monitoring in bid to rebuild

Italy will allow the IMF to monitor its progress with long overdue reforms of pensions, labor markets and privatizations, European leaders announced on Friday, looking beyond the crisis in Greece to the far graver threat to the euro zone.
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World stocks gain on hopes Greek referendum is off

World stocks rose on Friday, boosted by expectations that Greece will avoid a referendum on a new bailout package, easing imminent concerns of a Greek default and the possible shockwaves through the euro zone.
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Takeda Q2 profit drops, slashes outlook

Japan's top drugmaker Takeda Pharmaceutical Co <4502.T> posted a 17 percent fall in second-quarter operating profit, hurt by currency losses and worries over calls for new warnings on its top-selling diabetes pill Actos.
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Asian Shares Rise on Hopes Greece will Drop Referendum

Asian shares rallied more than 3 percent and the euro steadied Friday on hopes that Greece will abandon a proposed referendum on a European Union bailout, but investors remained cautious over a confidence vote scheduled for later in the Greek parliament.
A man looks at Olympus digital cameras at an electronics store in Tokyo

Olympus Delays Q3 Earnings Report; Shares Sink

Japan's Olympus Corp said it will not announce its quarterly earnings on Nov. 8 as expected because it needs more time after appointing an external panel to look into past acquisitions, sparking a fresh plunge in the firm's shares.
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Japan's Takeda H1 profit falls, slashes outlook

Japan's top drugmaker Takeda Pharmaceutical Co <4502.T> posted a 4.8 percent fall in first-half operating profit as currency losses and worries over a call for new warnings on its top-selling diabetes pill Actos offset higher revenue from treatments recently launched at home.
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Exclusive: MF Global Asia operations get 30-40 bids: HK

MF Global 's operations in Asia and Australia have received nearly 40 credible offers and a sale is expected to be agreed by the end of the weekend, the provisional liquidator for the brokerage's Hong Kong unit told Reuters on Friday.
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Asian Shares Rise on Hopes Greece will Shelve Referendum

Asian shares rose more than 2 percent and the euro steadied Friday on hopes that Greece will abandon a proposed referendum on a European Union bailout, but investors remained cautious over a confidence vote planned in the Greek Parliament.
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IMF backs ECB move, Greek aid tied to country

The IMF said on Thursday it backs the European Central Bank's interest rate cut and its aid to Greece is tied to the country, rather than a specific government, and would continue as long as its terms were met.

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