Category Archives:
Toyota deepens production cut for July to 5,200 vehicles on heavy rains
TOKYO (Reuters) - Heavy rains in western Japan will cost Toyota Motor Corp an additional 1,000 or so vehicles in lost production in July, the automaker said on Friday, bringing its total estimated cut...
Jul 29, 2022
Japan’s Mizuho Financial reports 36% drop in Q1 net profit
TOKYO (Reuters) - Mizuho Financial Group Inc, Japan's third-largest lender by assets, reported on Friday a 36% drop in first-quarter net profit from a year ago when earnings were boosted by tax-relate...
Jul 29, 2022
Japan’s Sumitomo Mitsui Financial posts 24.2% jump in Q1 net
TOKYO (Reuters) -Japan's second-largest bank, Sumitomo Mitsui Financial Group Inc, reported on Friday an increase of 24.2% in first-quarter net profit as improved economic conditions helped boost its ...
Jul 29, 2022
Vietnam says AES Corp intends to develop $13-billion wind farm
HANOI (Reuters) - U.S.-based energy utility AES Corp plans to develop a major offshore wind farm in Vietnam, the Southeast Asian country said on Friday, that could potentially double the country's win...
Jul 29, 2022
Hefty losses at foreign funds with holdings in Sri Lankan equities
(Reuters) - Foreign mutual funds which have exposure to Sri Lankan equities have posted steep losses in their net asset values this year, prompting their fund managers to look for ways to trim their h...
Jul 29, 2022
China’s factory activity seen expanding at fastest pace in a year
BEIJING (Reuters) - China's factory activity likely expanded at the fastest pace in a year in July, a Reuters poll showed on Friday, as production in COVID-hit manufacturing hubs resumed after emergin...
Jul 29, 2022
BA-owner IAG returns to profitability after COVID-19
LONDON (Reuters) - British Airways-owner IAG on Friday returned to quarterly profitability for the first time since the outbreak of the COVID-19 pandemic, following a "significant" increase in capacit...
Jul 29, 2022
‘Embrace the uncertainty’ from less central bank guidance – former Fed officials
By Lisa Pauline Mattackal (Reuters) - Investors and policymakers should welcome the Federal Reserve's changing tack to provide less definitive signals on forward guidance, even as markets scramble to ...
Jul 29, 2022
UK probes fashion groups ASOS, Boohoo, Asda over ‘green’ claims
(Reuters) - Britain's competition watchdog said on Friday it was investigating fashion brands ASOS, Boohoo Group and George at Asda over eco-friendly and sustainability claims by the companies. "Shoul...
Jul 29, 2022
AstraZeneca beats Q2 profit and revenue estimates
(Reuters) - AstraZeneca on Friday topped analyst expectations for second-quarter profit and revenue, helped by higher demand for its cancer medicines. The London-listed company also raised its full-ye...
Jul 29, 2022
Peoria, IL, USA
45 °F Overcast
