(Reuters) - Spirit AeroSystems ( SPR ) said Boeing ( BA ) would give it advance payments of $425 million and help it address issues like higher levels of inventory and lower cashflows after the U.S. aviation regulator capped the planemaker's 737 MAX production. The agreement announced by Spirit on Tuesday comes amid talks between the two for Boeing (...

BEIJING (Reuters) - By most measures, the last thing China needs is more electric cars crowding a market with more losers than winners, driving down prices at the expense of profit and taking the fight for market share beyond China. And that's just what it is getting. Automakers are expected to launch 110 EVs and plug-in hybrids in 2024, many...

By Maki Shiraki TOKYO (Reuters) - Scandal-hit Toyota Motor ( TM ) subsidiary Daihatsu aims to fully resume developing vehicles by as early as the end of this year, the president of the compact carmaker told reporters, adding that he saw opportunities in South America and Africa. WHY IT'S IMPORTANT Daihatsu last year said it had rigged safety tests for...

WASHINGTON (Reuters) -The U.S. Senate voted by a wide margin late Tuesday in favor of legislation that would ban TikTok in the United States if its owner, the Chinese tech firm ByteDance, fails to divest the popular short video app over the next nine months to a year. Driven by widespread worries among U.S. lawmakers that China could access Americans'...