Category Archives:
Analysis-Echoing the opposition, Japan’s Kishida woos voters with Abenomics critique
By Linda Sieg TOKYO (Reuters) - Japanese Prime Minister Fumio Kishida is seeking to steal opposition thunder at this month's general election by mimicking their criticism of predecessor Shinzo Abe's "...
Oct 18, 2021
THG’s Moulding gives up ‘golden share’ after shares plummet
LONDON (Reuters) - The Hut Group, a rapidly growing British online retailer and tech group that is backed by SoftBank, said on Monday it would remove its founder's "golden share" and seek a premium li...
Oct 18, 2021
Ford to invest around $300 million to build electric car parts at UK plant
LONDON (Reuters) - Ford said on Monday it would invest up to 230 million pounds ($316 million) to build electric car components at its Halewood factory in northern England. The plant will produce arou...
Oct 18, 2021
Umicore lowers 2021 profit forecast on chip shortage woes
(Reuters) - Belgian materials technology and recycling group Umicore revised downwards on Monday its adjusted core operating profit outlook, hurt by a stronger-than-expected impact of the global semic...
Oct 18, 2021
Philips lowers outlook as recall, parts shortages bite
AMSTERDAM (Reuters) - Dutch health technology company Philips on Monday lowered its outlook for sales and profit growth in 2021, as a massive recall of respiratory devices and global shortage of elect...
Oct 18, 2021
For Britain’s chicken farmers, Brexit and COVID brew a perfect storm
By Kate Holton and James Davey DRIFFIELD, England (Reuters) - When Nigel Upson checks the plucked chicken carcasses dangling from a rotating line at his poultry plant in England, he sees cash haemorrh...
Oct 18, 2021
Taiwan’s Foxconn shows off three electric vehicle prototypes
By Yimou Lee TAIPEI (Reuters) - Taiwan tech giant Foxconn unveiled its first three electric vehicle prototypes on Monday, underscoring ambitious plans to diversify away from its role of building consu...
Oct 18, 2021
Japan must issue bonds to fund pandemic-relief steps, PM Kishida says
TOKYO (Reuters) - Japanese Prime Minister Fumio Kishida said on Monday the country must issue government bonds to fund policies aimed at helping the public weather the hit from the coronavirus pandemi...
Oct 18, 2021
Energy and commods hedge funds post big gains as prices skyrocket
By Maiya Keidan and Julia Payne TORONTO/LONDON (Reuters) - Hedge funds that bet on a big comeback for commodities enjoyed soaring returns in the first nine months of 2021 as the world faced an energy ...
Oct 18, 2021
How green champion Sweden could end up exporting its carbon sins
By Simon Johnson STOCKHOLM (Reuters) - When a Swedish court ordered the country's biggest cement maker to stop mining limestone by its huge factory on the windswept island of Gotland to prevent pollut...
Oct 18, 2021
Peoria, IL, USA
55 °F Sunny
