Category Archives:
Toyota suspends production at two more factories
TOKYO (Reuters) -Japanese automaker Toyota has suspended production at two more factories, in addition to two already halted because of a supply shortage, a company spokesperson said on Friday. The ad...
Dec 10, 2021
S.Korea’s POSCO to split off steel operations, become holding company
SEOUL (Reuters) -South Korea's POSCO said on Friday that it planned to split off its steel operations and become a holding company. The new holding company will own the steel operation and oversee dev...
Dec 10, 2021
BOJ seen scaling back pandemic-relief funding support – sources
TOKYO (Reuters) - The Bank of Japan is expected to decide as early as next week to scale back emergency funding support deployed last year to combat a pandemic-induced cash crunch, four sources famili...
Dec 10, 2021
China Nov. vehicle sales fall 9.1% -industry body
BEIJING (Reuters) - China's auto sales dropped 9.1% in November from a year earlier, industry data showed on Friday, in a seventh consecutive monthly fall as a prolonged global shortage of semiconduct...
Dec 10, 2021
Blackstone to buy GIC’s stake in Australian logistics trust for $1.5 billion
(Reuters) - Blackstone Inc said on Friday it would buy Singapore wealth fund GIC's 49% stake in an Australian logistics trust for A$2.1 billion ($1.50 billion), as the U.S. private-equity giant looks ...
Dec 10, 2021
Volvo Cars, Northvolt to open battery R&D centre as part of $3.3 billion investment
STOCKHOLM (Reuters) - Volvo Cars and battery maker Northvolt will open a joint research and development centre in Sweden as part of a 30 billion crown ($3.3 billion) investment, the carmaker said on F...
Dec 10, 2021
Hillary Clinton publicly reads her 2016 victory speech for the first time
(Reuters) - Hillary Clinton has for the first time publicly read the victory speech she would have given had she won the presidential election against former U.S. President Donald Trump in 2016. The f...
Dec 10, 2021
Analysis-Shipping costs – another danger for inflation-watchers to navigate
By Sujata Rao and Jonathan Saul LONDON (Reuters) - Much like the coronavirus pandemic, and the economic disruption that it has caused, a global shipping crisis looks set to go on delaying goods traffi...
Dec 10, 2021
Top Glove warns of weak demand as profit slumps
(Reuters) -Malaysia's Top Glove said on Friday its quarterly profit had been nearly wiped out, adding that it expected the business environment in the immediate term to be challenging. The world's lar...
Dec 09, 2021
China supports debt issuance by developers to fund acquisitions – Sec Times
SHANGHAI (Reuters) - A Chinese self-regulatory body overseeing the interbank market will support debt issuance by qualified developers to fund acquisitions of real estate projects and finance completi...
Dec 09, 2021
Peoria, IL, USA
43 °F Thunderstorm In Vicinity, Light Rain, Mist
