Pratt & Whitney sees supply chain progress
PARIS (Reuters) – Pratt & Whitney is seeing “solid progress” in the aerospace supply chain after bottlenecks caused by the…
Business
CBA lowers home loan buffer rates for some refinancing clients to 1%
(Reuters) -Commonwealth Bank of Australia on Wednesday cut its buffer rate for some borrowers refinancing their existing home loan to…
Japan sees 1.9 million visitors in May, down from cherry blossom rush
TOKYO (Reuters) – Japan saw a slight decline in visitors in May from the previous month, when a rush of…
Australia’s Perpetual says ‘tech outage’ affected some funds in cyber incident
(Reuters) – Australian Perpetual on Wednesday confirmed an extended tech outage over an IT security incident, affecting some of its…
Vodafone hires Morgan Stanley to weigh options for its Spanish unit – Expansion
MADRID (Reuters) – Britain telecoms company Vodafone has hired investment bank Morgan Stanley to evaluate the options for its Spanish…
GSK’s RSV vaccine shows long-term efficacy in late-stage trial
(Reuters) -GSK on Wednesday said its vaccine for the respiratory syncytial virus (RSV), which recently won EU approval, showed strong…
UK net debt passes 100% of GDP for first time since 1961
LONDON (Reuters) – Britain’s public sector net debt surpassed 100% of gross domestic product in May as borrowing came in…
Shanghai regulators summon Starbucks, Shake Shack citing excessive personal data collection
BEIJING (Reuters) – Chinese regulators in financial hub Shanghai summoned three firms including Starbucks and Shake Shack earlier this week…
Factbox – Graphite producers doing deals with automakers and battery groups
LONDON (Reuters) – Automakers are rushing to lock in graphite supply from outside dominant producer China as mined graphite demand…
Analysis-Auto firms race to secure non-Chinese graphite for EVs as shortages loom
By Eric Onstad LONDON (Reuters) – Automakers, including Tesla and Mercedes, are rushing to lock in graphite supply from outside…