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VW says might have to cut production further due to chip shortage
BERLIN (Reuters) - Volkswagen may need to cut production further due to a semiconductor supply bottleneck, the German carmaker said on Thursday. Volkswagen expects the situation to improve by the end ...
Syndicated Content Aug 19, 2021
Payments processor Adyen’s profit boosted by US volumes
AMSTERDAM (Reuters) - Adyen NV, the Dutch company that helps to process payments for Netflix, Facebook and Uber, on Thursday beat market expectations with a 65% jump in first-half core profit, citing ...
Syndicated Content Aug 19, 2021
Siemens completes spin-off, favours smaller deals -CEO tells Manager Magazin
ZURICH (Reuters) - Siemens has completed its reorganisation, Chief Executive Roland Busch has told Manager Magazin, with the recently appointed executive favouring smaller acquisitions to expand the G...
Syndicated Content Aug 19, 2021
European shares fall 1% on taper fears; commodities slump hits miners
(Reuters) - European shares fell more than 1% on Thursday on fears of a sooner-than-expected tapering in global monetary policy, while a slump in commodity prices led mining stocks to a near one-month...
Syndicated Content Aug 19, 2021
Marketmind: A delta-driven drop
A look at the day ahead from Tommy Wilkes. After an August in which stock markets have repeatedly hit record highs, the mood music turned decisively more sombre on Thursday, led by a late slump in U.S...
Syndicated Content Aug 19, 2021
Nicole Kidman gets quarantine exemption by Hong Kong for TV series -media
HONG KONG (Reuters) - As Hong Kong braces for more draconian COVID-19 travel restrictions to take effect from midnight Thursday, Australian actor Nicole Kidman received an exemption from the governmen...
Syndicated Content Aug 19, 2021
Singapore’s SC Capital set sights on hard-hit Japanese hotels with $550 million fund
By Junko Fujita TOKYO (Reuters) - Singapore's SC Capital Partners aims to raise around $550 million for a new fund targeting hard-hit Japanese hotels, its chairman told Reuters, betting tourism will c...
Syndicated Content Aug 19, 2021
Toyota to slash September production due to global chip shortage – Nikkei
(Reuters) - Toyota Motor Corp will reduce global production for September by 40% from its previous plan due to the worldwide shortage of semiconductors, the Nikkei business daily reported on Thursday....
Syndicated Content Aug 19, 2021
Goldman Sachs to buy Dutch asset manager NNIP for around $2 billion
By Toby Sterling AMSTERDAM (Reuters) -Dutch insurer NN Group said on Thursday Goldman Sachs will buy NNIP, its asset management arm, for 1.7 billion euros ($1.98 billion) in the biggest acquisition by...
Syndicated Content Aug 19, 2021
Taiwan July export orders seen rising for 17th straight month: Reuters poll
TAIPEI (Reuters) - Taiwan's export orders likely rose in July for the 17th consecutive month, a Reuters poll showed on Thursday, buoyed by strong sustained demand for technology products during lockdo...
Syndicated Content Aug 19, 2021
Peoria, IL, USA
60 °F Partly cloudy
