(MENAFN - AFP) China has broken the rules of global commerce by restricting exports of rare earths, tungsten and molybdenum, a move that benefited domestic industries, a World Trade Organization panel said on Wednesday.
A WTO disputes settlement panel said that Beijing's deployment of export duties and quotas, plus limits on who could trade in what are key raw materials ...
(MENAFN - AFP) Toyota is to buy back as much as 1.89 percent of its shares for 360 billion yen ($3.5 billion), raiding a growing corporate cash chest for the first time in five years, the Japanese carmaker said Wednesday.
The world's largest automaker said it will purchase up to 60 million shares over a 10-month period following the next shareholders' meeting in June.
(MENAFN - AFP) A collection of works by LS Lowry sold for Â£15.2 million ($25 million, 18.2 million euros)at a London auction, with a painting of Piccadilly Circus topping the night's bidding at Â£5.1 million.
The oil paintings belonged to Cambridge businessman and collector Tony Thompson, who died last year. The Sotheby's sale saw 13 paintings go under the hammer.