Bloomberg Toyota Motor Corp replaced its chief financial officer (CFO) nd a high-ranking foreigner stepped down as part of a management shuffle at the Japanese automotive giant. Kenta Kon, chief officer at the accounting group, will also be CFO, replacing Koji Kobayashi, who will stay on as chief risk officer, Toyota said in a statement. Didier Leroy, who was once ...

Bloomberg US health regulators are watching for potential drug shortages after India restricted the export of some raw pharmaceutical ingredients, a move that could disrupt the industry’s globe-spanning supply chain. India said it would limit export of some common medicines as concerns grow over shortages of chemical ingredients. Many manufacturers of those ingredients in China are shut or making less ...

Bloomberg China’s car sales had the biggest monthly plunge on record as the coronavirus kept shoppers away, intensifying the pressure on automakers already battling an unprecedented slump before the outbreak. Sales fell 80% in February, according to preliminary numbers from the China Passenger Car Association released on Wednesday. Average daily sales improved towards the end of the month compared with ...