Toyota taps Lexus chief as CEO, shifting Akio Toyoda to chairman role

Toyota Motor has promoted Lexus President Koji Sato, 53, as chief executive officer to replace Akio Toyoda, the grandson of the Japanese carmaker’s founder who...

Tesla reports record revenue and beats on earnings

Electric vehicle maker Tesla reported earnings after the bell, beating on both earnings and revenue. Shares rose more than 5% after hours after CEO Elon Musk said...

Mission critical: How Africa can profit from its mineral boom

In the tree-topped southern hills of Mozambique’s Cabo Delgado province, the sprawling Balama mining complex looms out of the crimson earth. Here, employees of Australia’s...