EUR/USD
1.11942
-0.186%
Gold
3999.79
-0.608%
Oil
102.977
4.368%
USD/JPY
156.834
0.047%
GBP/USD
1.33720
-0.202%
GBP/JPY
209.723
-0.154%
Real-time News
Alexei Likhachev, CEO of Rosatom: The equipment on the Ferospravnaya power line, which supplies power to the Zaporizhzhia nuclear power plant, was severely damaged by Ukrainian shelling in September.October 25th - According to a report in the Sunday Times on the 24th, British Prime Minister Burnham stated that the UK should engage in "frank discussions" about the possibility of restoring the free movement of people with the EU in order to explore different options for strengthening the UK-EU relationship. In an interview with the newspaper, Burnham stated that immigration patterns in the UK before and after Brexit are different. Previously, many immigrants from EU countries would return to their home countries after working and living in the UK for several years; now, more foreign immigrants choose to settle in the UK long-term. After Brexit, the UK lost access to the EUs database of border movement information. However, Burnham ruled out the possibility of the UK joining the Schengen Area.The Saudi-led coalition claims it intercepted and destroyed a ballistic missile launched by Houthi rebels toward Riyadh.October 25th - According to a Kyodo News report, Japanese automakers are intensifying efforts to shorten vehicle development time in an attempt to catch up with competitors who are launching new models to the global market faster and better respond to evolving customer demands. Toyota, Honda, Nissan, and other Japanese automakers typically take about four to five years to develop a new model. As part of its reform efforts, Nissan aims to significantly shorten development time through its new family-based vehicle development strategy. The automaker will design a common platform for multiple models of the same size. This new product strategy will cover 80% of the companys global sales and is expected to reduce the number of parts by 70%. Toyota, the worlds largest automaker by sales volume, is also working to reduce the number of parts based on customer needs, as fewer parts will improve production efficiency and accelerate development. Toyota has named this plan "Area 35," aiming to increase factory floor space utilization by 35%. Suzuki plans to halve its current development time to about two years, while Mitsubishi Motors plans to shorten its development cycle by 20% to three years by around 2030.Saudi Civil Defense: The danger alert for Riyadh has been lifted.
