World Bulletin / News Desk
Japan's Toyota Motor Corp. on Tuesday suspended some of its car production operations in China after anti-Japan protests flared across China in response to a territorial row between Tokyo and Beijing.
Beijing-based spokesman Hitoshi Yokoyama said in a text message sent to Reuters that the Japanese auto maker has decided to halt manufacturing and other operations, jointly run with its two Chinese partners, to "ensure employee safety."
He declined to elaborate and provide information on which plants are being affected by the move Tuesday. He did not say how long the suspension would last.
Toyota and its partners manufacture automobiles in the southern China city of Guangzhou, the eastern city of Tianjin, as well as the northeastern city of Changchun.
AIM TO SELL 1 MILLION CARS
The company aims to sell 1 million cars in China this year, up from the nearly 900,000 cars it sold last year.
The Toyota move follows a string of anti-Japan protests that have erupted in China over the last several days. Over the weekend, Toyota and other Japanese-brand outlets in Qingdao were torched by angry demonstrators.
Hundreds of Japanese businesses and the country's embassy suspended services in China on Tuesday, as anti-Japan protests threatened to reignite and drag a territorial dispute between Asia's two biggest economies deeper into crisis.
OPEC's second-largest producer, Iran is normally among the first members of the oil producers' group to call for supply cuts to support prices.
The 21-member Asia-Pacific Economic Cooperation (APEC) bloc said they would advance structural reforms to unleash new sources of growth.
Ukraine needs to pay its previous debt to Russia by the end of the year and pay in advance for getting new volumes of natural gas
The loss of Khafji's 280,000 barrels per day of Arabian Heavy crude will be felt more in Kuwait, which has far less spare output than its neighbour
Under Lufthansa's proposals, pilots would still be able to retire early, but the age would gradually increase to 60 from 55.
Labor tension on the rise as high inflation reduces spending power.
Third quarter growth was lowest in more than five years, threatening annual target
De Margerie was killed when a business jet collided with a snow plough during takeoff at Moscow's Vnukovo International Airport overnight, the company and airport officials said.
Stabilised political and security situation, the launch of government initiatives toward fiscal consolidation and strong support from external donors are some of the reasons given for improved economic outlook.
Norway will not supply gas to Europe in case of supplies being cut by Russia, says Norwegian Energy Minister Lien
A fall in global oil prices, down more than 20 percent from this year's June high, means that ending costly diesel subsidies will save the government money without hurting consumers.
EU officials said the gas talks would continue in Brussels next week, with Poroshenko telling reporters that the financing still needed to be resolved.
The food-producing regions of Guinea, Sierra Leone and Liberia in West Africa have been severely affected by the worst outbreak on record of the viral haemorrhagic fever
Fall in crude oil prices will effect Iran's oil industry more than Western sanctions
Widodo currently plans to raise the price of both gasoline and diesel by 3,000 rupiah ($0.25) per litre by November, the advisor said.
Mario Pezzini and Romano Prodi jointly emphasized that Africa should be of priority for European Union’s future development policies.