Nicholas Takahashi

Japan’s H3 rocket launched for the first time in about six months, offering some hope of a comeback following a string of major setbacks.

Angry shareholders confronted Nidec Corp.’s board at the motor manufacturer’s annual meeting, following a tumultuous year marred by accounting scandals, manufacturing defects and the ouster of its charismatic founder.

Nissan Motor Co. shareholders rejected the reappointment of Motoo Nagai to the board, ending the tenure of an influential outside director after he lost the support of key stakeholder Renault SA, following a rare public standoff at Japan’s typically staid annual meetings.

Renault SA, which rescued Nissan Motor Co. from near-bankruptcy a generation ago and sent in Carlos Ghosn to run the Japanese carmaker, is reasserting its influence as top shareholder after taking a back seat following the former chairman’s 2018 ouster.

(Bloomberg) -- Nissan Motor Co. shareholders rejected the reappointment of Motoo Nagai to the board, ending the tenure of an influential outside director after he lost the support of key stakeholder Renault SA, following a rare public standoff at Japan’s typically staid annual meetings.Most Read from BloombergSpaceX Falls for Third Day, Erases $600 Billion in Market ValueOracle Cut 21,000 Jobs in 12 Months, Says AI Replaced Some RolesStocks Fall as SpaceX’s Rout Offsets US-Iran Hopes: Markets Wr

The French carmaker, which holds 15% of voting rights, abstained from voting for the reappointment of influential outside director Motoo Nagai.

Toyota Motor Corp.’s posted another drop in global sales, hit by Middle East disruptions and tough competition in China that pushed the world’s top-selling automaker into a fourth straight month of declines.

The French carmaker orchestrated the removal of an influential Nissan board member.

Ispace Inc. shares jumped after the Japanese company announced plans to create a lunar payload service to be launched aboard a SpaceX Starship rocket.

Ispace Inc. shares jumped after the Japanese company announced plans to create a lunar payload service to be launched aboard a SpaceX Starship rocket.