Economy of Japan

Panasonic plans to move its European headquarters from Britain to the Netherlands later this year over concerns about potential tax issues related to Brexit, a company spokeswoman said Thursday.

"We will move our European headquarters to the Netherlands," the spokeswoman told AFP, confirming a report in the Nikkei business daily about the Japanese electronics giant's decision.

The Tokyo Stock Exchange began Wednesday with a downturn, continuing the global downward trend in financial markets under the influence of political uncertainty in Italy.

The Nikkei Index lost 1.67% - 374.17 points to 21 984.26 points at the beginning of trading.

The broader Topix index also fell 1.59 percent - 28.10 points to 1,733, 75 points.

A car hit two buses full with children on the Sub-Balkan Road between Pirdop and Anton. One person is badly injured.

The incident at about 3.40 p.m. on the main road of Anton village. The movement is diverted through the village and regulated by the police.

The police said the car was a Toyota brand. According to initial information, there are no injured children.

The Tokyo Stock Exchange began Monday with a rise supported by the cheap yen and a reduction in worries about the trade war between the US and China.

The Nikkei Index recorded a plus of 0.12% at the beginning of the session ( 28.37 points to 22,958.73 ).

The Topix rose almost symbolically by 0.01% or 0.23 points to 1,815.48.

Toyota is going all-in on autonomous vehicles, announcing on May 3 plans to open a center this year to test driving scenarios too dangerous to perform on public roads.

Turkish hackers hijacked briefly on Tuesday the official Greek webpage of Japanese automaker Suzuki, posting the same message they uploaded in Monday's hacking of the state-run news agency's webpage ANA-MPA.

The share of Turkey’s main trade partner, the European Union, in the country’s exports saw a sharp increase in February, a leading sector association announced on March 1. 

Japanese multinational electronics and electrical equipment manufacturer Mitsubishi Electric Corporation on Feb. 8 inaugurated a new room air-conditioner production facility in Turkey’s western province of Manisa, state-run Anadolu Agency reported.

Former Toyota Motor Corp President Tatsuro Toyoda, who helped the Japanese automaker become a global industrial power in the early 1990s, has died at the age of 88, the company said  on Jan. 6.

Athens-listed company Petros Petropoulos SA announced in a stock filing on Thursday that it has signed an agreement with Kubota Corporation based in Japan.

The cooperation between the two companies will result in the distribution of Kubota machines in Greece.

Petropoulos added that unit sales are expected to have a positive effect on the Greek company's results for 2018.