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Tokyo stocks open lower on caution before key diplomatic events

Tokyo stocks opened lower Friday afer a string of gains this week, with investors seeming cautious ahead of potentially contentious G7 talks and a historic US-North Korea summit.

China vows countermeasures against Donald Trump’s tariffs

China has vowed imminent countermeasures in the escalating trade war between it and Donald Trump’s America as it also condemned the administration’s plans to slap tariffs on about $50 billion of Chinese industrial and hi-tech products.

Tesla acknowledges Autopilot was on during crash

Electric carmaker Tesla has confirmed its "Autopilot" feature was engaged during a fatal crash last week, a development set to exacerbate concerns over the safety of futuristic vehicles.

Opel to export cars to Tunisia, Morocco – CEO

PSA Group’s Opel plans to start exporting cars to Tunisia and Morocco from its European plants, its chief executive told German daily Frankfurter Allgemeine Zeitung (FAZ) on Monday.

Peugeot plans electric versions of all cars by 2025

French carmaker PSA, owner of the Peugeot, Citroen, Opel, Vauxhall and DS brands, will offer an electric version of all its models by 2025, CEO Carlos Tavares has said.

General Motors seeks US approval for car with no steering wheel

General Motors is seeking approval from US regulators for an autonomous vehicle with no steering wheel or pedals, the automaker announced Friday.

Former president of Japan’s Toyota dies at 88

Toyota’s former president Tatsuro Toyoda, who helped the Japanese auto giant establish a foothold in North America, has died at the age of 88, the company said Saturday.

Nissan to begin field tests for robo-taxis in Japan

Nissan said Tuesday it would begin field tests for driverless “robot taxis” early next year as its rivals around the world step up self-driving technologies.

General Motors recalls one million cars in China

US auto giant General Motors and its partners in China will recall nearly one million vehicles over a fuel tank issue, a Chinese regulator said Friday.

Waymo to launch autonomous taxi service with no human in driver’s seat

Alphabet’s Waymo will launch a ride-hailing service with no human behind the steering wheel and has been testing the fully self-driving cars on public roads in Arizona, Chief Executive John Krafcik said on Tuesday.

Police arrest suspected specialist in issuance of fake vehicle documents in Delta

The Zone 5 headquarters of the Nigeria Police in Benin, Edo State says it has arrested a man who allegedly specialises in the issuance of fake vehicle documents.

Forbes names Germany’s Angela Merkel as world’s most powerful woman

German Chancellor Angela Merkel has been named the world’s most powerful woman for the seventh time in a row by Forbes magazine, the publication announced on Thursday.

Kobe Steel, Nissan scandals tarnish image of Japan Inc

Embarrassing scandals at Kobe Steel and Nissan have tarnished the reputation of Japan Inc for quality, as once-mighty industrial world-beaters battle fierce global competition and shrinking profit margins.

Uber rival Lyft met with London transport officials ahead of possible international expansion

Lyft, Uber’s closest U.S. rival in the taxi-hailing business, met repeatedly with officials from London’s transport regulator over the past year, a sign it may be targeting the city for international expansion.

China to ban petrol and diesel cars

Chinese authority says plans are in the pipeline to ban the production and sale of diesel and petrol cars and vans.

Nissan unveils new electric car in bid to drive off competition

Japanese giant Nissan Wednesday unveiled a new electric car with an extended range and semi-autonomous driving functions, as it seeks to battle off competitors in a sector it once pioneered.

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Nigeria Customs destroys Tramadol, others worth N102 million

The Nigeria Customs Service (NCS), Seme Command in Badagry, says it has destroyed expired and seized medicaments in its warehouse with a Duty Paid Value (DVP) of N102.4 million.

Lawyer arrested after claiming executed man innocent

An Iranian defence lawyer has been arrested after claiming a man executed this week for killing three policemen was innocent, Iran’s Fars news agency said Wednesday.

Traders lose N150 million to inferno in Ekiti

Some traders operating within the premises of Oja Oba market in Ado Ekiti, Ekiti State capital, have lost property worth about N150 million to fire.

Group: 75% of sickle cell births in Nigeria don’t see fifth birthday

The Sickle Cell Support Network, an NGO, says Nigeria records about 150,000 sickle cell births annually but 75 per cent of this number never get to see their fifth birthday.

Senator Saraki seeks Russian support to fight ‘new terrorism’ in Nigeria

Senate President Bukola Saraki has canvassed for the support of Russia in the drive towards eradicating the new terrorism challenge facing Nigeria.