Philips shares slide as shortages and recall hit profits
By Bart H. Meijer AMSTERDAM (Reuters) -Philips shares plunged more than 11% on Wednesday morning after the Dutch health technology company hiked the cost of its massive recall of ventilators.
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Stock Market
- January 12, 2022
- by admi
- Less than a minute
Recruiter PageGroup lifts annual profit view on hiring demand, staff crunch
(Reuters) -Global recruiter PageGroup Plc lifted its full-year profit forecast for the third time in six months on Wednesday, buoyed by a surge in demand for long-term hiring and staff.
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- January 12, 2022
- by admi
- 1 minute read
Dollar Edges Higher; Rebounding After Powell Testimony
By Peter Nurse Investing.com – The U.S. dollar edged higher in early European trade Wednesday, stabilizing after the previous session’s weakness as Federal Reserve Chair Jerome Powell soothed fears the.
Economy
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- January 12, 2022
- by admi
- 2 minutes read
British fund manager abrdn seeks China wealth management partner – chairman
By Selena Li HONG KONG (Reuters) – British fund manager abrdn is seeking a partner in China for its foray into the wealth management business, its chairman said, potentially joining.
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- January 11, 2022
- by admi
- 4 minutes read
‘Unspeakable’: New York City community reels after deadly blaze
Survivors recall the horror of the blaze that killed 17 people, including eight children, in a New York City apartment building. Sorrow and grief welled across a community in the.
Economy
News
- January 11, 2022
- by admi
- 1 minute read
Japan to extend most border restrictions until end of February
Tokyo in November banned new entry by non-Japanese, including students and family members, in responses to Omicron. Japan will maintain its tight entry restrictions it put in place to prevent.
Economy
News
- January 11, 2022
- by admi
- 4 minutes read
‘COVID Zero’ Hong Kong pushes supply chain to breaking point
Hong Kong’s Omicron outbreak is dealing a double whammy to businesses. Not only will new social distancing curbs crimp revenue for retailers and restaurants, a slashing of flights they rely.
Economy
News
- January 11, 2022
- by admi
- 4 minutes read
The Great Resignation is spawning a talent war. Who will win it?
A new report argues that firms must change how they view workers to compete in the war for talent. The coronavirus pandemic has caused the biggest worker reshuffle in modern.
News
- January 11, 2022
- by admi
- 3 minutes read
US man recovering after ‘breakthrough’ pig heart transplant
Surgeons hope genetic modifications will help patient’s body accept the organ and that pig organs could help alleviate shortages of donor organs A man with terminal heart disease is responding.
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Stock Market
- January 11, 2022
- by admi
- Less than a minute
Sika posts highest ever annual sales of 9.24 billion francs
(Reuters) -Construction chemicals maker Sika AG on Tuesday reported a 17.3% rise in 2021 sales, boosted by a raft of acquisitions and the upturn in the building industry after pandemic.