TOKYO, June 27 (Reuters) - Toyota's ( TM ) global production slid for a fourth straight month in May from a year earlier on lower output in many overseas markets, with the decline in China, where local brands have become much more competitive, particularly sharp. Output for the month decreased 4% to 812,191 vehicles. In China, production fell 22%. In...

June 27 (Reuters) - Japanese technology investor SoftBank Group Corp's ( SFTBF ) Vision Fund 2 is investing between $10 million and $20 million in U.S. search startup Perplexity AI at a valuation of $3 billion, Bloomberg News reported on Thursday. SoftBank will make this investment as part of a larger $250 million funding round, the report, said, citing people...

MUMBAI, June 27 (Reuters) - Fairfax India Holdings Corp ( FFXDF ) said on Thursday its wholly-owned subsidiary, FIH Mauritius Investments, sold a 9.7% stake in Indian private lender CSB Bank to comply with regulatory norms. The proceeds of the sale amounted to 5.9 billion rupees ($70.7 million) in gross terms, Fairfax India ( FFXDF ) said in a release....

(Reuters) - Japanese technology investor SoftBank Group Corp's ( SFTBF ) Vision Fund 2 is investing between $10 million and $20 million in U.S. search startup Perplexity AI at a valuation of $3 billion, Bloomberg News reported on Thursday. SoftBank will make this investment as part of a larger $250 million funding round, the report, said, citing people familiar with...