The global semiconductor chip shortage cost Volkswagen and Stellantis a combined 1.4 million vehicles in lost production in the third quarter, Europe's two biggest carmakers said on Thursday, though both reported some early signs of improvement.
European stocks opened higher on Friday as a surprise interest payment by debt-ridden China Evergrande Group buoyed global sentiment while strong earnings from L'Oreal and gains in tech stocks lent further support.
Rahm Emanuel, nominee to be the next U.S. ambassador to Tokyo, vowed at his Senate confirmation hearing on Wednesday to prioritize the case of an American former Nissan Motor executive who is facing a possible prison term in Japan.
Private equity company Bridgepoint Group has agreed to buy a majority stake in traffic and transport software maker PTV Group from parent Porsche SE for an undisclosed sum.