Commodity Currencies Bounce Back But Sentiment Remains Fragile
By Joice Alves LONDON (Reuters) – Commodity currencies Norwegian crown and the Australian dollar recovered some ground on Tuesday after…
Pfizer to spend $11.6B on migraine treatment maker Biohaven
Pfizer is starting to put its COVID-19 cash influx to use by spending $11.6 billion to venture deeper into a…
Swedish Match Shares Jump To Record High On Philip Morris Takeover Move
By Anna Ringstrom and Marie Mannes STOCKHOLM (Reuters) -Shares in Swedish Match soared on Tuesday after U.S. rival Philip Morris…
Automotive Industry Faces Long Term Battery, Raw Material Supply Issues, Tavares Says
MILAN (Reuters) – The automotive industry faces a shortage of batteries and raw materials in the coming years as part…
U.S. Producers Undo Years Of Efficiency Gains In Fight For Supplies
By Timothy Aeppel (Reuters) – U.S. manufacturers are finding that their main weapon to fight supply chain snarls is greater…
Exclusive-Malaysia May Cut Palm Oil Export Tax By Half Amid Global Supply Crisis
By Mei Mei Chu and A. Ananthalakshmi KUALA LUMPUR (Reuters) -Malaysia’s commodities ministry has proposed cutting an export tax on…
Sony’s profit surges on healthy film, game, music growth
TOKYO (AP) — Sony’s fiscal fourth quarter surged 67% to 111.1 billion yen ($852.7 million) from the previous year, as…
Goldman Sachs Adds To China Leadership Team – Memo
HONG KONG (Reuters) – Goldman Sachs has appointed banker E.G. Morse as a co-head of its China business and to…
Luxury Brands Navigate Shanghai’s Lockdown To Keep VIPs Pampered
By Casey Hall SHANGHAI (Reuters) – What Ms. Zhang didn’t expect when she hunkered down for Shanghai’s citywide lockdown was…
With pomp but no queen, UK govt sets out the year’s agenda
LONDON (AP) — Britain’s Conservative government set out its agenda for the next year on Tuesday with sweeping promises to…