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Exclusive: After pressure from Toyota chief, Japan emphasized support for hybrids

Exclusive: After pressure from Toyota chief, Japan emphasized support for hybrids

TOKYO, June 24 (Reuters) – The head of Toyota Motor Corp (7203.T) has pressed the Japanese government to make it clear that it supports hybrid vehicles as much as battery-electric ones or it will lose support from the auto industry, a report said. senior legislator at a meeting of the ruling party. The lobbying by …

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Oil slumps nearly 3% as investors eye U.S. Fed rate hikes

Oil slumps nearly 3% as investors eye U.S. Fed rate hikes

A sticker says crude oil on the side of a storage tank in the Permian Basin in Mentone, Loving County, Texas, U.S. November 22, 2019. Picture taken November 22, 2019. REUTERS/Angus Mordant/ Sign up now for FREE unlimited access to Reuters.com Record Powell says Fed is ‘strongly committed’ to curbing inflation Biden to urge suspension …

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