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Japanese shares post third weekly gain on monetary easing optimism

20 hours ago NAMEX Comments Off on Japanese shares post third weekly gain on monetary easing optimism
TOKYO, Sept 20 (Reuters) – Japanese stocks ended higher on Friday and posted their third straight week of gains as consumer-related shares rose on speculation the Bank of Japan will follow other central banks and ease policy next month. The Nikkei 225 index rose 0.16% to 22,079.09. Nikkei shares rose 0.4% this week. There were Read More

Hydrostor Announces Close of US$37 Million Growth Financing

22 hours ago NAMEX Comments Off on Hydrostor Announces Close of US$37 Million Growth Financing
TORONTO, Sept. 19, 2019 (GLOBE NEWSWIRE) — Hydrostor, a leading developer of Advanced Compressed Air Energy Storage (A-CAES) projects, announced today the closing of US$37 million (C$49 million) in growth financing. RBC Capital Markets acted as Hydrostor’s advisor on the transaction. Meridiam, the global developer, asset and fund manager specializing in sustainable infrastructure and energy Read More

Amazon vows to be carbon neutral by 2040, buying 100,000 electric vans

1 day ago NAMEX Comments Off on Amazon vows to be carbon neutral by 2040, buying 100,000 electric vans
WASHINGTON (Reuters) – Amazon.com Inc Chief Executive Officer Jeff Bezos on Thursday committed the company to being carbon neutral by 2040 and said part of that pledge is an order for 100,000 electric delivery vans from a start-up the online retailer has invested in. Cutting emissions is a challenging goal for Amazon, which delivers 10 Read More

UPDATE 2-Amazon vows to being carbon neutral by 2040; will buy 100,000 EVs

1 day ago NAMEX Comments Off on UPDATE 2-Amazon vows to being carbon neutral by 2040; will buy 100,000 EVs
FILE PHOTO: The logo of Amazon is seen at the company logistics centre in Boves, France, September 18, 2019. REUTERS/Pascal Rossignol WASHINGTON (Reuters) – Amazon.com Inc Chief Executive Officer Jeff Bezos on Thursday committed the online retailer to being carbon neutral by 2040 and said it would order 100,000 electric delivery vehicles as part of Read More

VW, Porsche to recall around 227,000 cars over airbag, seatbelt issues: report

2 days ago NAMEX Comments Off on VW, Porsche to recall around 227,000 cars over airbag, seatbelt issues: report
FILE PHOTO: A new logo of German carmaker Volkswagen is unveiled at the VW headquarters in Wolfsburg, Germany September 9, 2019. REUTERS/Fabian Bimmer BERLIN (Reuters) – Volkswagen (VOWG_p.DE) and Porsche have to recall around 227,000 cars due to problems with airbags and seatbelt pre-tensioners, Germany’s Stuttgarter Zeitung said on Thursday. The newspaper said the Tiguan, Read More

Trump and California go to war over clean cars

2 days ago NAMEX Comments Off on Trump and California go to war over clean cars
WASHINGTON (Reuters) – U.S. President Donald Trump and the state of California went to war on Wednesday over who should set the standards in the United States for vehicle emissions and electric cars, foreshadowing a legal battle over environmental policy issues that will affect the auto industry and consumers. Trump confirmed he would revoke California’s Read More

Toyota to expand plant in Brazil’s Sao Paulo state, joining Volkswagen, GM

2 days ago NAMEX Comments Off on Toyota to expand plant in Brazil’s Sao Paulo state, joining Volkswagen, GM
FILE PHOTO: The Toyota logo is shown at the Los Angeles Auto Show in Los Angeles, California, U.S., November 30, 2017. REUTERS/Mike Blake/File Photo SAO PAULO (Reuters) – Toyota Motor Corp (7203.T) on Thursday announced a 1 billion reais ($243.29 million) expansion at a plant in the Brazilian state of Sao Paulo, joining Volkswagen and Read More

Tesla takes on Porsche with battle on Germany’s toughest circuit

2 days ago NAMEX Comments Off on Tesla takes on Porsche with battle on Germany’s toughest circuit
FRANKFURT (Reuters) – Tesla TSLA wants to steal Porsche’s bragging rights by testing its Model S on the northern loop of Germany’s Nuerburgring circuit, using a marketing tool that German carmakers have long used to tout the superiority of their products. Tesla electric cars are seen in the dealer’s showroom in Oslo, Norway March 28, Read More

Former Rangers & Zenit star Fernando Ricksen dies aged 43 after battle with motor neurone disease

3 days ago NAMEX Comments Off on Former Rangers & Zenit star Fernando Ricksen dies aged 43 after battle with motor neurone disease
Former Glasgow Rangers and Zenit St. Petersburg player Fernando Ricksen has died at the age of 43 following a battle with motor neurone disease, the Scottish club has announced. Ex-Dutch international Ricksen was diagnosed with the disease around six years ago, and died in a hospice near Glasgow. In a statement announcing his death, Rangers Read More

Nissan plans sale of Trading unit in $1 billion deal: Bloomberg

3 days ago NAMEX Comments Off on Nissan plans sale of Trading unit in $1 billion deal: Bloomberg
FILE PHOTO: A man is silhouetted at a show room of Nissan Motor Co. in Tokyo, Japan, February 12, 2019. REUTERS/Kim Kyung-hoon/File Photo (Reuters) – Nissan Motor Co Ltd (7201.T) is looking to sell its vehicle parts and materials distribution business in a deal that may be valued at about $1 billion, Bloomberg reported on Read More