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Toyota lifts full-year profit forecast as stable Yen improves outlook

  Bloomberg Toyota Motor Corp. raised its full-year profit forecast as the yen’s rally stopped short of levels the automaker predicted, providing some respite from a sales slowdown that’s threatening its position as the world’s top seller. Operating profit will probably be 1.7 trillion yen ($16.3 billion) for the year ending in March 2017, compared with the 1.6 trillion-yen forecast ...

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India gold demand forecast cut to lowest in 7 years

  Bloomberg Elevated gold prices and India’s push for more transparency on purchases and income disclosure will cut the nation’s demand for bullion in 2016 to its lowest in seven years, before consumption recovers in 2017, according to the World Gold Council. The WGC trimmed its demand estimate for a second time this year to between 650 and 750 metric ...

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Paying the price

  Coca / DPA In earlier times, the water here used to sing. “Not anymore,” says Silvia Shiguangi from Ecuador’s Huaorani tribe. Bananas and cassava no longer grow well and the fish catch has sunk dramatically. “We used to live from what the forest gave us,” says the young mother, who left her village in the Yasuni National Park, home ...

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