Reuters

TOKYO (Reuters) - Proxy advisory firm Glass Lewis has recommended Toyota Motor shareholders vote against re-electing Chairman Akio Toyoda at the Japanese automaker's annual general meeting in June, saying the board was not sufficiently independent.

Toyoda, the grandson of the company's founder and previously its chief executive, last year was re-elected to the board with around 85% approval, a drop from the previous year's almost 96%.

KUALA LUMPUR (Reuters) - Malaysia is targeting at least 500 billion ringgit ($107 billion) in investments for integrated circuit design, advanced packaging and manufacturing equipment for semiconductor chips, Prime Minister Anwar Ibrahim said on Tuesday.

Malaysia wants to establish at least 10 local companies in design and advanced packaging for semiconductor chips, with revenues between $210 million to $1 billion, Anwar said in a speech at an industry... (continue reading...)

BRUSSELS (Reuters) - Ukraine and Belgium on Tuesday struck a bilateral security agreement including the delivery of 30 F-16 fighter jets, signed during a Brussels meeting between Ukrainian President Volodymyr Zelenskiy and Belgian Prime Minister Alexander De Croo.

"The document includes at least 977 million euros in Belgian military aid to Ukraine this year, as well as Belgium's commitment to providing support over the course of the agreement's... (continue reading...)

BANGKOK (Reuters) - Thailand's cabinet on Tuesday approved longer visa stay periods for tourists, one-year stays for postgraduate students and better retirement visa conditions, Prime Minister Srettha Thavisin posted on X.

(Reporting by Panarat Thepgumpanant and Chayut Setboonsarng; Editing by Martin Petty)

By Simon Jessop and Peter Henderson

LONDON (Reuters) - German climate technology startup Cloover has raised $114 million in debt and equity in a seed funding round led by Chris Sacca's Lowercarbon Capital, Cloover's co-chief executive told Reuters.

The firm's technology allows smaller companies, which handle the bulk of renewables installations in Europe, to access all other parts of the value chain, allowing them to track customers,... (continue reading...)