News Headlines - 03 October 2017

Toshiba buying back 10 percent stake in Westinghouse unit for $522 million

Japan’s Toshiba Corp (6502.T) said on Thursday it is buying back a 10 percent stake in Westinghouse Electric Co from minority shareholder Kazatomprom for 59 billion yen ($522 million), taking full ownership of the bankrupt U.S. unit.

Nissan to recall all new cars sold in Japan in last 3 years

Nissan Motor Co Ltd will recall all 1.2 million new passenger cars it sold in Japan over the past three years after discovering final vehicle inspections were not performed by authorized technicians, it said on Monday.
The recall is the second major misconduct incident involving a Japanese automaker in as many years, after Mitsubishi Motors Corp admitted in April 2016 it had falsified the fuel economy for some of its domestic market models.

GM to launch 20 EV models by 2023 - NHK WORLD

General Motors has announced plans to launch at least 20 models of electric vehicles by 2023.
Officials at the US automaker say they will speed up the development of electric, as well as hydrogen fuel-cell cars.

Catalan referendum: Spanish government could impose direct rule on Catalonia | The Independent

A top Spanish opposition party has called on Spain’s Prime Minister, Mariano Rajoy, to implement article 155 of the country’s constitution in Catalonia, which allows for direct rule from Madrid in Spain’s autonomous regions.

'Sonic the Hedgehog' Movie Races to Paramount | Hollywood Reporter

Paramount Pictures has nabbed the movie rights to Sonic the Hedgehog, the popular SEGA video game franchise... Paramount plans on making a movie that will blend live action and CGI animation as it brings Sonic to the big screen for the first time.








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