Category Archives:
Thales to sell signalling business to Hitachi in $2 billion deal
PARIS (Reuters) - Thales, Europe's largest defence electronics company, confirmed on Wednesday it was in advanced talks to sell its railway signalling business to Japan's Hitachi in a deal that values...
Aug 04, 2021
Commerzbank swings to Q2 loss amid restructuring and write off
FRANKFURT (Reuters) - Germany's Commerzbank on Wednesday said that it swung to a second-quarter loss as the lender undergoes a major restructuring and after a write off to end an outsourcing project. ...
Aug 04, 2021
India’s services activity shrank again in July, outlook turned pessimistic
BENGALURU (Reuters) - Activity in India's dominant services industry shrank for a third consecutive month in July as restrictions to control the coronavirus pandemic hit demand, with companies turning...
Aug 04, 2021
The route less traveled: private aviation eyes limited direct flights to lure execs
By Allison Lampert (Reuters) - Private aviation companies are making a beeline for executives wary of flying commercial to business meetings due to a limited offering of direct flights, as corporate t...
Aug 04, 2021
Southeast Asia’s factory powerhouses hit by vaccination woes, Delta
By Orathai Sriring and Liz Lee BANGKOK/KUALA LUMPUR (Reuters) - Fresh outbreaks of the Delta coronavirus variant in Southeast Asia have crippled its factory sector, disrupting global supplies of goods...
Aug 04, 2021
Nissan’s battery partner to spend over $450 million on new plant in Japan
TOKYO (Reuters) - Nissan Motor Co's Chinese battery partner Envision AESC said on Wednesday it would spend 50 billion yen ($460 million) to build a new battery plant in Japan's Ibaraki prefecture nort...
Aug 03, 2021
Apple works with Chinese suppliers for latest iPhones -Nikkei
(Reuters) - Apple Inc is working with more Chinese suppliers to produce its latest iPhones, Japan's Nikkei newspaper said on Wednesday, as a tech feud stemming from a trade war with the United States ...
Aug 03, 2021
Toyota posts record $9.2 billion quarterly operating profit on sales rebound
TOKYO, August 4 (Reuters) -Toyota Motor Corp reported on Wednesday a record quarterly operating profit of 997.49 billion yen ($9.15 billion) as pandemic-hit sales rebounded and it weathered a global c...
Aug 03, 2021
China’s Nayuki says gets clean chit on food safety after regulatory checks
BEIJING (Reuters) - Chinese teahouse company Nayuki Holdings said on Wednesday inspections by regulators of its stores had unearthed no food safety violations as described in a Xinhua report and that ...
Aug 03, 2021
Dollar pressured ahead of jobs data; kiwi leaps as rate hikes loom
By Tom Westbrook SINGAPORE (Reuters) - The dollar was pinned near recent lows against other currencies on Tuesday, as traders awaited U.S. jobs data for a guide to the rates outlook, while labour mark...
Aug 03, 2021
Peoria, IL, USA
64 °F Overcast
