Toyota Motor Corp said on Tuesday it would work with allied automakers to develop small electric commercial vans and light-duty fuel cell electric trucks.

KKR & Co does not plan to lead a bid for Japanese conglomerate Toshiba Corp at this point, three people with knowledge of the situation said, as the race for what could be the country's biggest buyout deal this year gathers pace.

KARACHI, Pakistan (Reuters) -Ratings agency Fitch on Tuesday revised its outlook on Pakistan to negative from stable, citing a deterioration in the country's external liquidity position and financing conditions as well as the risks from renewed political volatility.

WASHINGTON (Reuters) -The International Monetary Fund said its executive board approved a $235.6 million disbursement to Kenya on Monday as it approved a third review of the country's Extended Credit Facility and Extended Fund Facility arrangements.

Hyundai Motor Co's unionised workers in South Korea voted in favour of a wage deal with the automaker, a Hyundai Motors union official said on Tuesday.

WASHINGTON (Reuters) -The U.S. International Trade Commission revoked hefty anti-dumping and anti-subsidy duties on urea ammonium nitrate fertilizers from Russia and Trinidad and Tobago on Monday, concluding that those imports did not hurt American producers.