North America

Former president of Japan's Toyota dies

Tokyo - Muslimchronicle

Toyota's former president Tatsuro Toyoda, who helped the Japanese auto giant establish a foothold in North America, has died at the age of 88, the company said Saturday. Toyoda, an uncle of current Toyota CEO Akio Toyoda, died of pneumonia on December 30, the firm said in a statement. His funeral has already been held and was attended by close relatives,Read more

'Star Wars' rides high as Disney celebrates

Los Angeles - Muslimchronicle

The latest episode in the iconic "Star Wars" space saga finished the year on top of the domestic box office, data confirmed Tuesday, contributing to a second best-ever year for Disney. "The Last Jedi" earned $66.8 million over the four-day holiday weekend in North America, for a $531.5 million domestic total since its opening three weeks ago, said industry watcherRead more

‘Star Wars’ topples ‘Beauty and the Beast’ as top earner

Los Angeles - Muslimchronicle

On the last day of the calendar year, Star Wars: The Last Jedi has surpassed Beauty and the Beast as the top grossing film in North America in 2017. It also topped the charts for the weekend for the third time, but just barely — Dwayne Johnson’s Jumanji: Welcome to the Jungle is close on its tail. According to studioRead more

'The Last Jedi' tops Christmas box office

Los Angeles - Muslimchronicle

The force was with Disney as the latest Star Wars movie "The Last Jedi" beat out the competition to top the Christmas weekend box office, according to industry estimates released Sunday. The eighth installment of the blockbuster space saga topped the charts in North America for a second week, according to box office tracker Exhibitor Relations, pulling in $68.5 million to rackRead more

'The Last Jedi' rakes in $450.8mn worldwide in opening

Los Angeles - AFP

"Star Wars: The Last Jedi" -- the latest episode in the blockbuster space saga -- has raked in more than $450 million worldwide since hitting theaters, Disney said Monday -- a major success for the most-hyped movie of the year. The film directed by Rian Johnson -- which features the late Carrie Fisher's final performance as Princess Leia -- tookRead more

Mayweather-McGregor fight second richest ever

Los Angeles - Muslimchronicle

Floyd Mayweather and Conor McGregor's cross-combat superfight was the second richest boxing bout in history, long-awaited final figures revealed on Friday. A statement from Showtime sports said the August fight between boxing star Mayweather and mixed martials arts king McGregor generated 4.3 million pay-per-view buys in North America. Only one other fight -- Mayweather's 2015 bout with Manny Pacquiao --Read more

World's biggest sovereign fund enters Asian property market

Oslo - Muslimchronicle

Norway's sovereign wealth fund, the world's biggest at more than $1 trillion, has made its first investment in the Asian real estate market, the Norwegian central bank said on Thursday. The fund, which has already invested in property in Europe and North America, paid 92.75 billion yen ($887.5 million) for a 70 percent stake in five commercial buildings in Tokyo.Read more

Honda recalls 800,000 minivans

Berlin - Muslimchronicle

Honda said it's recalling about 900,000 Odyssey minivans from the 2011 through 2017 model years in North America because second-row seats can come loose in "moderate to heavy braking." Some 800,000 of those are in the United States. The issue relates to the second-row seating system's ability to move from side to side. The system is designed to make seatingRead more

GKN ditches CEO designate Cummings, announces new write-off

London - Muslimchronicle

GKN CEO-designate Kevin Cummings is leaving, the British engineering company announced on Thursday, after the aerospace division he used to run took a surprise writedown, sending the shares down 9 per cent. Cummings, head of GKN Aerospace since 2014, was named in September as group chief executive to replace retiring Nigel Stein from January. In October, the group issued aRead more

French skier Poisson dies in training crash

PARIS - Muslimchronicle

French downhill skier David Poisson, a former medalist at the world championships, died on Monday following a training crash in Canada. He was 35. The French Ski Federation said Poisson, who won the downhill bronze medal at the 2013 worlds, was training in the Canadian resort of Nakiska for World Cup races in North America. The federation did not elaborate.Read more