Sectors
Toyota diversifies top executive ranks
Toyota Motor Corp (7203.T) on Wednesday promoted more foreigners to senior posts, including the first woman and first African-American to hold executive titles, diversifying a management team long dominated by Japanese men.
Saudi Arabia expects oil price to stabilize
Saudi Arabia's oil minister said on Wednesday he expected oil prices, which hit a near six-year low in January, to stabilize, signaling cautious optimism about the market outlook.
German automakers shift focus to high-end electric cars
German carmakers are shifting their focus toward high-end electric vehicles such as the Audi R8 e-tron and away from cheap city cars, in the latest effort to revive environmentally-friendly but unpopular zero-emission vehicles.
Alibaba opens first U.S. cloud center, enters hotly contested market
Alibaba Group Holding Ltd is launching a cloud computing hub in Silicon Valley on Wednesday, the e-commerce giant's first outside of China, underscoring its global ambitions in the face of stiff and entrenched competition.