MOSCOW, Dec 26 Reuters Russia39;s dominant lender Sberbank will be forced to close its office in the United Arab Emirates UAE early next year, First Deputy Chairman Alexander Vedyakhin said on Monday, blaming sanctions pressure. Sweeping Western sanctions targeted Russia39;s financial system after Moscow sent tens of thousands of troops into Ukraine on Feb. 24. Sberbank […]

TOKYO, Dec 26 Reuters Toyota Motor Corp reported on Monday a 1.5 rise in November global vehicle output, reaching a new record of 833,104. Domestic production slid 3.3 to 266,174 vehicles, while overseas output rose 3.8 to an alltime high of 566,930 for the month. Global sales and production in November exceeded last year39;s levels due […]

TOKYO, Dec 27 Reuters Apple Inc39;s Japan unit is being charged 13 billion yen 98 million in additional taxes for bulk sales of iPhones and other Apple devices to foreign tourists that were incorrectly exempted from the consumption tax, the Nikkei newspaper said. Citing unidentified sources, the Nikkei reported on Tuesday that bulk purchases of iPhones […]

TOKYO, Dec 27 Reuters Japan39;s Kyocera Corp plans to invest 1.3 trillion yen 9.77 billion for manufacturing facilities and development of semiconductorrelated products over three years starting in the 202324 business year, the Nikkei daily reported on Tuesday. To fund the expansion for parts such as ceramics for chipmaking equipment, Kyocera is looking to borrow up […]