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Work stoppages and no chatting at lunch: Japan Inc grapples with COVID

By Rocky Swift and Satoshi Sugiyama TOKYO (Reuters) – Japanese companies are temporarily shutting offices or suspending production as they battle a record wave of COVID-19, disrupting businesses in a.

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Allianz Q2 net profit down worse-than-expected 23% but outlook confirmed

FRANKFURT (Reuters) -German insurer Allianz (ETR:ALVG) on Friday posted a worse-than-expected 23% fall in second-quarter net profit, dampened by volatile markets, but confirmed its target for the full year. Net.

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Asian Stocks Extend Recovery Ahead of U.S. Payrolls Data

By Ambar Warrick  Investing.com– Most Asian stocks logged strong gains on Friday, recovering some of their losses from earlier in the week as focus turned to upcoming U.S. payrolls data for.

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Rio Tinto attracts several proposals to build 4 GW of wind, solar power

By Sonali Paul MELBOURNE (Reuters) – Global miner Rio Tinto (NYSE:RIO) has received several offers to build 4 gigawatts (GW) of wind and solar farms to power its alumina and.

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TC Energy, Mexico’s CFE agree to develop $4.5 billion gas pipeline, suspend arbitration

MEXICO CITY (Reuters) – Canadian pipeline operator TC Energy (NYSE:TRP) and Mexican state utility Comision Federal de Electricidad on Thursday agreed to develop a $4.5 billion pipeline, suspending international arbitration.

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Exclusive-Tencent seeks bigger stake in ‘Assassin’s Creed’ maker Ubisoft – sources

By Julie Zhu and Selena Li HONG KONG (Reuters) – Tencent Holdings (OTC:TCEHY) Ltd plans to raise its stake in French video game group Ubisoft Entertainment SA as the Chinese.

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Sterling falls as BoE expects recession, U.S. futures up

By Huw Jones LONDON (Reuters) – Sterling fell on Thursday after the Bank of England followed its counterparts in the United States and euro zone with a hefty hike in.

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Lordstown Motors reports first quarterly profit on asset sale to Foxconn

(Reuters) -Lordstown Motors Corp on Thursday reported its first quarterly profit as the electric-vehicle firm benefited from the sale of certain assets including its Ohio assembly line to Taiwanese contract.

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Auto supplier Aptiv lowers outlook as China lockdowns, costs bite

(Reuters) -Auto parts supplier Aptiv (NYSE:APTV) Plc on Thursday cut its full-year profit and revenue forecast, as lockdowns in China took a bite out of quarterly results, while the industry.

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Futures steady after rally with all eyes on labor market data

(Reuters) – U.S. stock index futures were trading flat on Thursday after a rally that made the previous session the best in a week, with investors looking forward to weekly.

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