Japan’s Takeda Forecasts Rebound Despite Full-year Profit Drop
TOKYO (Reuters) -Japan’s Takeda Pharmaceutical Co said on Wednesday its 12-month operating profit slid 9.5%, although the country’s largest drugmaker…
US inflation dips from 4-decade high but still causing pain
WASHINGTON (AP) — Inflation eased slightly in April after months of relentless increases but remained near a four-decade high, making…
Tesla Makes First Shipment Of Cars From Reopened Shanghai Plant – Media
(Fixes paragraph 2 spelling of Glovis Splendor) SHANGHAI (Reuters) -Tesla Inc sent out a shipment of 4,767 cars from its…
Does The Cryptocurrency Crash Pose A Threat To The Financial System?
By Hannah Lang WASHINGTON (Reuters) – On Tuesday, bitcoin fell briefly below $30,000 for the first time in 10 months,…
Toyota Warns Annual Profit To Skid 20% On Materials, Logistics Costs
By Satoshi Sugiyama TOKYO (Reuters) -Toyota Motor Corp warned that operating earnings this year could slump by a fifth “due…
Vietnam’s Vinfast IPO May Be Delayed To 2023 On Market Uncertainty
HANOI (Reuters) – The chairman of Vietnam’s Vingroup conglomerate said on Wednesday that an initial public offering (IPO) for the…
Vietnam’s Vinfast IPO May Be Pushed Back To 2023 On Market Uncertainty – Executive
HANOI (Reuters) – The chairman of Vietnam’s Vingroup conglomerate said on Wednesday that an initial public offering (IPO) for the…
As Property Market Cools, New Zealand’s Recent Home Buyers Tighten Belts
By Lucy Craymer WELLINGTON (Reuters) – When Aarti and Gaurav Kathuria were saving for their first home, a three-bedroom townhouse…
EXPLAINER: What caused Sri Lanka’s economic collapse?
COLOMBO, Sri Lanka (AP) — The South Asian nation of Sri Lanka is experiencing an unprecedented economic collapse that has…
Dollar Hovers Near Two-decade High Before Inflation Gauge
By Kevin Buckland TOKYO (Reuters) – The dollar hovered near a two-decade high against major peers on Wednesday, ahead of…