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Toyota ups North Carolina EV plant investment by $8 bn
Toyota ups North Carolina EV plant investment by $8 bn
Economy
by  AFP

Toyota will significantly expand an electric battery plant in North Carolina, ramping up a bet on zero-emission vehicles in the United States, the automaker announced Tuesday. Under the expanded plan, the Toyota plant will have eight additional battery production lines added to the two previously announced.

UK govt backs down over plans to shut rail ticket offices
UK govt backs down over plans to shut rail ticket offices
Economy
by  AFP

The UK government has scrapped controversial plans to close almost all railway station ticket offices in England, following fierce criticism from disabled campaign groups, unions and passenger watchdogs. As well as groups representing disabled people, the move to retain ticket offices will likely also play well with many core older Conservative voters.

France arrests Russian tycoon in tax, sanctions probe
France arrests Russian tycoon in tax, sanctions probe
Economy
by  AFP

French police have arrested Russian billionaire Alexei Kuzmichev, one of the co-founders of the Alfa Group and who is targeted by EU sanctions, on suspicion of tax fraud and violating sanctions, sources close to the case said. Kuzmichev has launched an appeal to get the EU sanctions against him lifted, a source close to the case said.