Category Archives:
Exxon, BHP to invest $291 million to expand gas output off Australia
By Sonali Paul and Sameer Manekar MELBOURNE (Reuters) -Exxon Mobil Corp and BHP Group said on Thursday they will go ahead with a project to boost gas output from their Gippsland Basin Kipper field off...
Mar 16, 2022
China’s Shenzhen city says will allow firms to resume work in an orderly manner
SHANGHAI (Reuters) - Shenzhen city in China, a key technology and manufacturing hub that had halted operations of companies to tackle rising COVID-19 cases, will allow them to resume work and producti...
Mar 16, 2022
Japan households accumulate record financial assets as COVID curbs spending
By Leika Kihara TOKYO (Reuters) - Japanese households accumulated a record $17 trillion in financial assets as of December last year, roughly four times the size of its economy, as the COVID-19 pandem...
Mar 16, 2022
Foxconn to work under COVID bubble in Shenzhen until Sunday – document
By Yimou Lee TAIPEI (Reuters) - Major Apple Inc supplier Foxconn plans to use a COVID bubble arrangement that allowed its Shenzhen campus to resume production until at least Sunday, according to an in...
Mar 16, 2022
Tesla says it is trying to keep production going at Shanghai factory
SHANGHAI (Reuters) - Tesla said on Thursday it was doing its best to keep production going at its Shanghai factory while it cooperates with China's COVID-19 prevention measures. Reuters reported on We...
Mar 16, 2022
Asian stocks rally strongly as Fed hike, Ukraine talks boost sentiment
By Kevin Buckland TOKYO (Reuters) - Japan and Hong Kong led a jump in regional stocks on Thursday, joining a rally on Wall Street overnight as potential risks from Federal Reserve monetary tightening ...
Mar 16, 2022
Russia to press on with MS-21 and Superjet airliner projects
LONDON (Reuters) - Russia said on Wednesday it would accelerate the development of its domestic civilian aerospace sector by focusing on flagship airliner projects such as the Irkut MS-21, also known ...
Mar 16, 2022
Tesla delays over $1 billion bond sale backed by auto leases – Bloomberg News
(Reuters) - Electric-car maker Tesla Inc delayed a more than $1 billion offering of bonds backed by leases on its electric vehicles, Bloomberg News reported on Wednesday. The move follows "buy now, pa...
Mar 16, 2022
Nutrien to increase potash production amid Eastern Europe supply worries
(Reuters) - Canada's Nutrien Ltd, the world's biggest fertilizer producer, said on Wednesday it plans to increase potash output by nearly 1 million tonnes this year to about 15 million tonnes in respo...
Mar 16, 2022
Yen left behind as Fed begins hiking
By Tom Westbrook SINGAPORE (Reuters) - The yen was pinned to a six-year low on the dollar and struggled against crosses on Thursday, as a rate hike with a hawkish outlook from the U.S. Federal Reserve...
Mar 16, 2022
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