toyota believes egypt can gi.ome a production hub for the that's because egypt aims to sign a free trade agreement with europe and other middle eastern tis t future. >>> sharp likely posted record losses in the business year that just ended. this comes as the firm's earnings for itsaielevision business tumbled more than the firm it expected. the major japanese electronicsmaker says its losses fothisl year through march are now revised to about $4.6 billion. rm previous forecast in the february, sharp said the loss would be jus around $3.5 million. to turn around itsopatns sharp decided to reorganize a subsidiary which operates a liquid crystal panel factory in western jan. in march, sharp reached an agreement to sell nearly half the subsidiary shares to a iwese maker. the deal would make hunhai the laesin the industry. the company says the alliances will speed up the process to boost its finances. > d let's get an update of the latest market figures. and that is the latest in business news. back to catherine. >> thanks ve mh,ai >>> tuesday marks the u.n.-brokered deadline for a cease-fir

toyota managers plan to target ap affluent customers. >> egypt's market has the highest potential in north africa. hopefully this model with boost toyota's growth. >> managers believe egypt can become a production hub for them. egyptian leaders hope to sign a free trade agreement soon with europe and other nations in the middle east. >>> the people at sharp electronics are expected to post record losses for the year. earnings in their television business tumbled more than expected. accountants at the japanese electronicsmaker had projected losses of around $3.5 billion. they revised those numbers to more than $4.5 billion. managers are trying to turn things around. they reorganized the subsidiary that makes liquid crystal panels. they agreed to sell more than half the subsidiary shares to a chinese firm. managers also plan to sell a stake to japanese parts suppliers. they say the alliances will help them bring in more revenues. >>> japan airlines will resume hiring of graduates for the first time in three years. the carrier has been under financial reconstruction since it went bankrupt two years ago. jal will hire about 30 men and women fresh from college for admin