toyota. it is sounding bullish and has raised its annual net profit forecast reporting strong sales in all regions. the global shortage of semiconductors has eased and the car giant says it s on course for a record net profit this financial year of $30 billion. many car makers struggled because of a global chip shortage caused by increased demand and disrupted supply chains during the covid pandemic. toyota has also faced a safety test certification scandal at one of its major subsidiaries, daihatsu, which has led to production shutdowns at several factories. joining me now is anna marie baisden head of autos & infrastructure at fitch solutions. good to see you. when you look at the facts, the numbers and projections, it is looking very strong, but you read between the lines. tell us what we need to know. i the lines. tell us what we need to know. ~ ., , , ., the lines. tell us what we need to know. ~ . , , ., to know. i think, as you said, it is very to know. i think, a
together with its partners if necessary. these key metals are important research for automotive parts and pay a role in future autonomous cars. these two metals are also crucial to make semiconductors. taiwan s tsmc, the world s largest contract chip maker says it doesn t expect any direct impact on its production. despite the statement, the shares plunged almost 3% in trading in taiwan, over concerns of growing tensions, and the us secretary s visit to beijing. a top chinese trade adviser says that this is just the start, sending a not so subtle message to the americans just before the counterparts are sat down face to face in beijing for the first time since the covid pandemic. the visit by secretary yellen also comes at a time when the chinese economy looks to revitalise. that experience supposed covid rebound in the first quarter of the year the latest data has shown signs of stephen mcdonald reports. street food seen in china appears to show an economy rebounding strongl
than 170 other max 9s. upon inspection, united airlines down problems with more doors, loose bolts on at least five panels in otherjets of that model, the news was reported by publication aircurrent. united stated in a statement that the company found instances that appear to relate to installation issues in the door plug for example, bolts that need tightening. the company also said that need tightening. the company also said that the need tightening. the company also said that the findings - also said that the findings will be checked by the team. shares fell 8% on monday in the incident return scrutiny to the company after the 2019 grounding of 737 maxjets. but united and alaska airlines of the two largest airlines and inspections could cancelled flights for days. let s stay in the united states and head to las vegas where the world s biggest technology fair, ces, is getting started. it s expected around 130,000 visitors and not surprisingly, the theme is around artifi
our business correspondent erin delmore reports from new york. after a panel blew off a boeing 737 max ninejet operated by alaska airlines mid flight on friday, the faa grounded more than 170 other max mines. upon inspection, united airlines found problems with more doors, loose bolts on at least five panels in otherjets of that model. the news was reported by the industry publication air current. united said in a statement that the company, quote, found instances that appear to relate to installation issues in the door plug, for example, bolts that needed additional tightening . that s since saturday when preliminary inspections began. the company also said that these findings will be remedied by our tech ops team to safely return the aircraft to service. boeing shares fell 8% on monday and the incident returned scrutiny to the company after the 2019 grounding of 737 max jets. united and alaska airlines are the two largest operators of the model that s been grounded. inspec
jinping to bring russia back to the negotiating table over ukraine and as part of his three day visit deals have been struck including on green and nuclear energy. earlier i spoke with a professor from the sx business school to get his thoughts on mr macron s economic agenda. thoughts on mr macron s economic agenda.- thoughts on mr macron s economic agenda. there were some results. economic agenda. there were some results. and economic agenda. there were some results. and especiallyl some results. and especially another, the second empath assembly line in china and what is also interesting is that today, there will be one private dinner, if they have selection, it is of course to foster the economic relationship between china and france. , . relationship between china and france. 3 . relationship between china and france. , . ., france. it s a tricky one, isn t it? france. it s a tricky one, isn t it? because - france. it s a tricky one, isn t it? because china l fra