Toyota, Panasonic announce venture for green auto batteries

Toyota Motor Corp. and Panasonic Corp. say they are setting up a joint venture to research, manufacture and sell batteries for ecological autos, an increasingly lucrative sector amid concerns about global warming.

Panasonic fined $280 mn by US in bribery scheme

Panasonic will pay $280 million in fines to settle charges over bribes to an employee at government-owned airline to win business for its aircraft electronics unit, US authorities announced Monday.

Panasonic shuts DVD-player plant in Slovakia

Japanese electronics giant Panasonic said Thursday said it will close its Blu-ray and DVD player plant in eastern Slovakia as a result of declining sales.

Panasonic, Tesla to build big US battery plant

(AP)—American electric car maker Tesla Motors Inc. is teaming up with Japanese electronics company Panasonic Corp. to build a battery manufacturing plant in the U.S. expected to create 6,500 jobs.

Panasonic returns to annual profit on weak yen

Panasonic returned to profit after deep losses for the past two fiscal years, as a weak yen and restructuring efforts helped a gradual recovery, and forecast a 16 percent increase in gains for the coming year.

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