TOKYO (Reuters) -Japan has confirmed its commitment to an annual $7 billion worth of energy purchases from the United States while exploring their new Alaskan liquefied natural gas (LNG) off-take agreement, a joint statement on the bilateral trade deal showed on Friday. The U.S. will also ensure it applies its lowest tariff rates to Japanese pharmaceuticals and semiconductors, showed the...

Sept 5 (Reuters) - French aerospace and defense group Safran is exploring the sale of a large part of its aircraft interiors business, Financial Times reported on Friday, citing three people familiar with the matter. The assets sold could be worth as much as 1.5 billion euros ($1.76 billion), the report said. The company's cabin seat business, also part of...

Sept 5 (Reuters) - South Africa's African Rainbow Minerals (ARM) said on Friday its full-year profit fell 47%, mainly due to lower iron ore and coal prices. ARM posted headline earnings of 2.695 billion rand ($153.45 million) in the year ended June 30, compared to 5.080 billion rand last year. ($1 = 17.5632 rand) ...

LONDON/FRANKFURT/BERLIN (Reuters) -Chinese and European carmakers are set to face off at next week's Munich car show, reflecting intensifying competition on the continent that has pitted incumbents such as Volkswagen against EV giant BYD and newcomers GAC and Changan. This year's IAA Mobility, the continent's biggest biennial car show, comes as European automakers lose ground in China - the world's...