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Environmental concerns prompt Vietnam to hit investment brakes

  Bloomberg To Nguyen Tan Phong, a farmer in Vietnam’s Mekong Delta, the foreign-owned paper mill built upriver from his catfish ponds was an ecological disaster waiting to happen. Phong feared a repeat of last year’s toxic spill from a steel plant owned by Taiwan’s Formosa Plastics Corp. that devastated central coast fishing communities and cut annual economic growth by ...

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Key Safety preferred bidder for Takata

  Bloomberg Chinese-owned Key Safety Systems Inc. has emerged as the leading bidder for Takata Corp., the embattled air-bag maker that’s seeking a buyer after causing the biggest safety recall in automotive history. An external committee appointed to spearhead Takata’s restructuring recommends Key Safety, the Tokyo-based supplier said in a statement, adding that no final decision has been made. Key ...

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Toyota bets $10.7bn on Hydrogen

  Bloomberg Toyota Motor Corp. and four of its biggest car-making peers are joining oil and gas giants including Royal Dutch Shell Plc and Total SA with plans to invest a combined 10 billion euros ($10.7 billion) in hydrogen-related products within five years. In all, 13 energy, transport and industrial companies are forming a hydrogen council to consult with policy ...

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