French car maker Renault wants to create a common holding company with its Japanese partner Nissan that will own 100 percent of both auto manufacturers, the business daily Nikkei reported Friday. Renault controls 43.4 percent of Nissan's capital, with the Japanese manufacturer owning 15...

Japan's Sony said Friday that robust games and entertainment divisions had pushed annual profits to a second consecutive record high but warned of a looming downturn in its bottom line. The PlayStation manufacturer also said the integration of EMI Music Publishing as a fully-owned...

Former Nissan Motor Chairman Carlos Ghosn was set to walk out of a Japanese detention center for a second time since his arrest last year on financial misconduct charges, after posting the $4.5 million bail set by a Tokyo court on Thursday. Bail will enable the former titan of the global...

British Prime Minister Theresa May has given the go-ahead for China's Huawei to help build a 5G network, shrugging off security warnings from senior ministers and Washington, the Daily Telegraph reported Wednesday. The country's National Security Council, which is chaired by May, agreed...