Latest news with #AZUSAKAWAKAMI
Nikkei Asia
13 hours ago
- Business
- Nikkei Asia
Cleveland-Cliffs CEO welcomes Nippon Steel-U.S. Steel deal after opposing it
Cleveland-Cliffs' CEO had long voiced his opposition to the Nippon Steel deal, saying it would threaten the U.S. steel industry. (Photo by Ryohei Yasoshima) AZUSA KAWAKAMI NEW YORK -- The head of American steelmaker Cleveland-Cliffs, one of the biggest critics of Nippon Steel's takeover of U.S. Steel, on Monday said the deal highlights the American market's strength. Cleveland-Cliffs CEO Lourenco Goncalves' new comments, made on an April-June earnings call, were his first about the purchase since its completion last month.
Nikkei Asia
3 days ago
- Automotive
- Nikkei Asia
Toyota-backed flying car startup Joby Aviation to boost US production
Toyota will cooperate with Joby in design, manufacturing, and quality control to build a production system. (Joby Aviation) AZUSA KAWAKAMI NEW YORK -- Joby Aviation, a U.S. flying car startup that counts Toyota Motor as its top investor, is expected to expand production capacity in the U.S. as the Trump administration aims to develop the unmanned aircraft industry. Joby said it will expand its Marina, California, facility to increase production capacity for its main electric vertical takeoff and landing aircraft (eVTOL), aiming to build 24 aircraft a year.
