Business
Honda And Nissan To Sell A Quarter Of A Million Fewer Cars Because Of Chip Shortage
Japan's second and third largest automakers, Honda Motor and Nissan Motor, will sell a combined 250,000 fewer cars in the current financial year as a global shortage in semiconductor chips hits production.
Dermapharm Aims To Start Making Pfizer Shot At Second Site By May
Dermapharm aims to start making the COVID19 vaccine from BioNTech and U.S. partner Pfizer at a second site in Germany in May, its chief executive said, as part of efforts to ramp up production to meet demand.
Stocks, Oil Rise In Asia After U.S. Records, Dollar Weakens
Asian stock markets rose on Tuesday after a recordsetting day on Wall Street, while bitcoin paused for breath after an overnight endorsement from Tesla Inc sent the cryptocurrency up 20%.
Tesla Electrifies Bitcoin With $1.5 Billion Bet, Car Payments Pledge
Tesla Inc said on Monday it had invested around $1.5 billion in bitcoin and expected to begin accepting payment for its cars and other products with it in the near future, prompting a more than 10% jump in the electronic currency.
Singapore Exchange To Launch New Asian Bond Trading Platform
Singapore Exchange Ltd said on Monday it had formed a joint venture company to launch a new Asian bond trading platform this year.
What Recovery? Clothes Retailers Cut Orders While Factories Fight To Survive
Clothes retailers in Europe and America sit on excess inventory and cut back on spring orders. Sourcing agents face late payments. Garment factories in Bangladesh are on the rack.
Amazon, Cadillac Score With Super Bowl Ads
During this year's Super Bowl, the Tampa Bay Buccaneers reigned supreme on the field. During advertising's biggest night, there were hits and misses as well. Overall, this year's crop of Super Bowl ads focused on light humor that strove to entertain and c...
Dialog Semiconductor Confirms Talks With Renesas On Possible Cash Offer
Dialog Semiconductor Plc confirmed on Sunday that it was in advanced discussions with Renesas Electronics Corporation about a possible all cash offer of 67.50 euros per Dialog share.
Super Bowl Ads Aim To Comfort And Connect
Super Bowl ads each year offer a snapshot of the American psyche. And this year, it's a doozy.
World Shares Close In On Record Peak As Vaccines Fuel Normalisation Hopes
Global shares closed in on their record peak on Friday, with Asian shares taking their lead from Wall Street, as progress in vaccine distribution prompted bets on further normalisation in the global economy and earnings recovery.
Gold And Silver Retreat As Dollar Gains Upper Hand
Gold and silver slipped on Thursday as the dollar and U.S. Treasury yields gained and markets awaited clarity on U.S. fiscal stimulus measures.
Shell Profit Slides To $4.8 Billion In 2020 As Pandemic Hits Demand
Royal Dutch Shell's profit dropped to its lowest in at least two decades last year as the coronavirus pandemic hit energy consumption worldwide though the company said it expected to raise its dividend again in a sign of confidence.
Unilever Underlying Sales Rose 3.5% In Last Quarter
Consumer goods giant Unilever on Thursday reported underlying sales growth for the fourth quarter that was in line with estimates, buoyed by strong demand in emerging markets.
Alibaba Beats Revenue Forecast, Shares Slide Amid Regulatory Challenges
China's Alibaba Group Holding Ltd beat estimates for thirdquarter revenue on a pandemicdriven jump in ecommerce, but its shares dropped amid regulatory heat for founder Jack Ma's business empire.
Closing Prices For Crude Oil, Gold And Other Commodities
Benchmark U.S. crude oil for March delivery rose $1.21 to $54.76 a barrel Tuesday. Brent crude oil for April delivery rose $1.11 to $57.46 a barrel.
SC Orders Disbursal of Rs 9,122 Crore to Unitholders of Franklin Templeton's 6 Mutual Fund Schemes
The court also gave the parties liberty to move applications in case of any difficulty arising out of the process. The lawyer, representing Franklin Templeton Trusts Services Limited, told the bench that the company would render cooperation with SBI Mutua...