Honda’s sales, profit drop amid rising costs, chip shortages
TOKYO (AP) — Honda’s profit dropped 32% in the last quarter as rising material costs and a shortage of computer…
Headlines
SoftBank’s Choice Of New York For Arm Listing Deals A Blow To London
By Paul Sandle and John McCrank LONDON/NEW YORK (Reuters) -SoftBank’s decision to list British chip designer Arm is good news…
Honda Posts 17% Fall In Q3 Operating Profit But Raises Full-year View
TOKYO (Reuters) – Honda Motor Co raised its full-year operating forecast on Wednesday, aided by cost cutting and a weak…
Toyota’s quarterly auto sales sag on computer chips crunch
TOKYO (AP) — Toyota’s profit slipped nearly 6% last quarter, the Japanese automaker said Wednesday, highlighting the headwinds automakers are…
Explainer-Europe’s Banks Fear Payment System Could Be Casualty Of Russia-Ukraine Crisis
By Tom Sims, Lawrence White and John O’Donnell FRANKFURT (Reuters) – Amid fears of a Russian invasion of Ukraine, Italy’s…
China Developer Yango, Investors Agree To Delay Onshore Coupon Payment -source
BEIJING (Reuters) – Chinese Developer Yango Group Co Ltd has reached agreement with investors to delay a 40 million yuan…
Japan’s COVID Payouts Strain Lenders, Expose BOJ Policy Flaws
By Takahiko Wada and Leika Kihara TOKYO (Reuters) – A surge in deposits caused by the government’s huge cash payouts…
Justice Dept. announces $3.6B crypto seizure, 2 arrests
WASHINGTON (AP) — The Justice Department announced Tuesday its largest-ever financial seizure — more than $3.6 billion — and the…
CBA In First-half Profit Surge On Australian Home Boom, Unveils Share Buyback
By Byron Kaye and Nikhil Nainan (Reuters) -Commonwealth Bank of Australia posted a forecast-beating surge in first-half profit and said…
Oil And Gas Bankers Confront Their Own Energy Transition
By Isla Binnie and David French (Reuters) – Can oil bankers learn renewable tricks? They may need to in this…