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Japan’s Nidec replaces its second-in-command after slide in earnings
TOKYO (Reuters) - Japan's Nidec Corp, a major manufacturer of electric motors, has replaced its second-in-command - underlining the company's difficulties in finding a suitable leader to succeed found...
Syndicated Content Sep 02, 2022
Fund managers shun China property bonds on default risks
By Patturaja Murugaboopathy and Gaurav Dogra (Reuters) - Fund managers are cutting their holdings in Chinese property bonds by half or even more as the sector lurches from crisis to crisis and blows a...
Syndicated Content Sep 02, 2022
World food price index falls for fifth month in August
PARIS (Reuters) - The United Nations food agency's world price index fell for a fifth month in a row in August, further from all-time highs hit earlier this year, as a resumption of grain exports from...
Syndicated Content Sep 02, 2022
European shares nudge higher after rollercoaster week
(Reuters) - European stocks reclaimed some lost ground on Friday following a brutal week underlined by mounting concerns over energy crisis, red-hot inflation data and sharply higher bets of an aggres...
Syndicated Content Sep 02, 2022
Meta, Qualcomm strike agreement on custom virtual reality chips
(Reuters) - Meta Platforms Inc signed an agreement to have chip-maker Qualcomm Inc produce custom chipsets for its Quest virtual reality devices, the companies announced at a consumer electronics conf...
Syndicated Content Sep 02, 2022
Russian rouble eases in early trade, stocks stay near recent highs
(This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine) MOSCOW (Reuters) - The rouble eased back from the 60 mark against the dollar and euro i...
Syndicated Content Sep 02, 2022
Volvo Cars August sales fall 4.6% year-on-year
HELSINKI (Reuters) - Sweden's Volvo Cars saw its August sales fall by 4.6% year-on-year to 43,666 vehicles, the Swedish car maker said in a statement. Demand remained good, but production was hurt by ...
Syndicated Content Sep 02, 2022
UK clears NortonLifeLock’s acquisition of rival Avast
LONDON (Reuters) - Britain's competition regulator finally cleared NortonLifeLock's acquisition of British rival Avast on Friday, saying the security software market would remain competitive after the...
Syndicated Content Sep 02, 2022
Russian banks lost $25 billion in first half, central bank tells RBC
(This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine.) (Reuters) - Russia's banks lost a combined 1.5 trillion roubles ($24.95 billion) in th...
Syndicated Content Sep 02, 2022
Trump is “obviously thinking about” running for U.S. president in 2024 – Kushner
LONDON (Reuters) - Donald Trump is considering running to be U.S. President in 2024, his son-in-law and former aide said on Friday. "I know that he's obviously thinking about it, he hates seeing what'...
Syndicated Content Sep 02, 2022
Peoria, IL, USA
69 °F Thunderstorm In Vicinity
