Oil Prices Stabilize After Drop To Near 6-month Low
By Rowena Edwards LONDON (Reuters) -Oil prices were broadly steady on Thursday as the market weighed tight supply against demand…
2022
Australia to protect Barrier Reef by banning coal mine
CANBERRA, Australia (AP) — Australia’s new government announced on Thursday it plans to prevent development of a coal mine due…
Taiwan cancels flights as China holds military drills
BEIJING (AP) — Taiwan canceled airline flights Thursday as China fired missiles near the self-ruled island in retaliation for a…
Hit By Rising Costs And Supply Snarls, Toyota Profit Tumbles 42%
By Satoshi Sugiyama TOKYO (Reuters) -Toyota Motor Corp’s profit slumped a worse-than-expected 42% in its first quarter as the Japanese…
Bank of England predicts recession at the end of the year
LONDON (AP) — The Bank of England announced its biggest interest rate increase in 27 years on Thursday as it…
Uniqlo Owner Fast Retailing To Open First GU Discount Clothing Store In U.S
TOKYO (Reuters) – Japan’s Fast Retailing, the owner of global clothing chain Uniqlo, said on Thursday it would open its…
Asian stock markets rise ahead of US jobs data
BEIJING (AP) — Asian stock markets rose Friday ahead of an update on the health of the U.S. jobs market…
Australia’s “Big Four” Banks Raise Mortgage Rates After RBA Hike
(Reuters) -Australia’s “Big Four” banks raised their home loan variable interest rates on Thursday, after the country’s central bank hiked…
Toyota profit down as chips shortage keeps customers waiting
TOKYO (AP) — Toyota’s profit fell nearly 18% in the April-June quarter from the year before, as a semiconductor shortage…
Bayer’s Agriculture Unit, Consumer Health Drives Improved Outlook For 2022
FRANKFURT (Reuters) – Agriculture and pharmaceuticals company Bayer on Thursday lifted its 2022 earnings guidance on strong demand from farmers…