Toyota chairman warns he may lose board spot if investor support continues to fall

Toyota Motor Chairman Akio Toyoda said he may not be reelected as a director if shareholder support for him continues to fall at the pace it did this year, according to an interview published on Monday.

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Toyota chairman warns he may lose board spot if investor support continues to fall  Toyota Motor Chairman Akio Toyoda said he may not be reelected as a director if shareholder support for him continues to fall at the pace it did this year, according to an interview published on Monday.

US stock turbulence throws spotlight on Big Tech's valuations  A bruising selloff in U.S. stocks is putting a sharper focus on valuations of the tech names such as Nvidia and Microsoft that have driven markets higher for most of this year.

Loews profit rises on strong premiums and investment income; names new CEO  Loews said on Monday that James Tisch will hand over the CEO role to his son after 25 years at the helm. The company also reported a 2.5% jump in its quarterly profit, helped by a rise in insurance premiums and higher returns on its investments.

India's ACC misses Q1 profit view on weak demand, price cuts  Indian cement maker ACC on Monday posted first-quarter profit that missed analysts' estimates, hurt by a weak demand and price cuts.

McDonald's posts surprise drop in quarterly global sales as spending slows  McDonald's reported a surprise drop in quarterly global comparable sales on Monday, as the burger giant struggled to hold back budget-strapped customers from opting for cheaper meals at home.

Occidental to sell some Delaware Basin assets to Permian Resources for $818 mln  U.S. oil and gas producer Occidental Petroleum said on Monday it would sell certain Delaware Basin assets in Texas and New Mexico to Permian Resources for about $818 million, as it plans to cut down debt.

Morning Bid: Calmer, but for how long?  A look at the day ahead in U.S. and global markets by Alun John, EMEA breaking news correspondent, finance and markets

Microsoft's costs in focus as fears rise over slow payoff from AI  Microsoft investors will have one big question when the tech giant reports earnings on Tuesday: has growth in its Azure cloud-computing business picked up enough to justify the billions of dollars being spent on artificial intelligence infrastructure?

US-listed crypto stocks jump after Trump's pro-bitcoin speech  Shares of New York-listed cryptocurrency firms gained before the open on Monday after Republican presidential candidate Donald Trump talked up bitcoin and promised friendlier regulation for the industry.

Futures rise in countdown to Fed verdict, Big Tech results  Futures tracking the main U.S. stock indexes rose on Monday after a recent sell-off, as investors braced for a busy week that will bring a Federal Reserve interest-rate decision, along with Big Tech earnings and crucial labor numbers.

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