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Toyota supplier says bottom line hit already factored in

Bloomberg Denso Corp, Toyota Motor Corp’s top supplier, says production at the automaker should recover swiftly, leaving Denso on track to beat its own profit forecast for the current fiscal year. Denso will likely take a profit hit of about 20 billion yen ($182 million) to 30 billion yen in September due to Toyota’s production cuts, Chief Financial Officer Yasushi ...

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Taliban warns of ‘consequences’ if US delays withdrawing its troops

Bloomberg The US military is speaking with the Taliban several times a day, as the group warn of “consequences” if the US delays withdrawing all troops from Afghanistan past an end of month deadline. “It’s a red line,” Qatar-based Taliban spokesman and negotiator Suhail Shaheen said in an interview with Sky News. If the US or UK were to seek ...

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Japan’s PM faces fresh blow as ally loses vote

Bloomberg Japanese PM Yoshihide Suga suffered a fresh blow amid criticism of his pandemic management, when his favoured candidate lost an election for mayor in city where he began his political career. Hachiro Okonogi was defeated by Takeharu Yamanaka, a former university professor supported by the main opposition Constitutional Democratic Party of Japan, in the race for mayor of Yokohama, ...

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