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Toyota cuts November outlook by 15%

Bloomberg Toyota Motor Corp cut its global car production target for November by around 15% from an earlier plan as a shortage of parts continues to weigh on the world’s No. 1 automaker. The Japanese company had initially planned to make 1 million cars next month but now expects to do only around 850,000 to 900,000 units, it said. “Since ...

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Apple to cut iPhone production goals due to chip crunch

Bloomberg Apple Inc is likely to slash its projected iPhone 13 production targets for 2021 by as many as 10 million units as prolonged chip shortages hit its flagship product The company had expected to produce 90 million new iPhone models in the last three months of the year, but it’s now telling manufacturing partners that the total will be ...

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Mohamed, president of Congo discuss enhancing cooperation

ABU DHABI / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and President of the Republic of the Congo, Denis Sassou Nguesso, on Wednesday discussed relations and cooperation between the their countries and ways to enhance them in the economic, trade, investment, and developmental areas ...

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