Focus on Chip Shortage Hurting Production as Japanese Automakers Report Results | Investing News
TOKYO (Reuters) – Japanese automakers Toyota, Nissan and Honda report third quarter results this week buoyed by recovering demand in China and the United States, but a global chip shortage…
Asian shares rise as optimism grows over global recovery
Asian shares have advanced, tracking a rally on Wall Street last week, with Japan’s benchmark momentarily reaching three-decade highs on growing optimism about the global economic outlook By YURI KAGEYAMA…
Oil prices near their highest levels since around beginning of pandemic: WSJ
Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com. A booming rally in oil markets has pushed crude prices to their highest levels since near the…
Blackstone Group committing $150M in start-up capital to hedge fund: report
Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com. BOSTON – Blackstone Group, the world’s largest hedge fund investor, is committing $150 million in start-up capital to…
Elliott Management Eyes Raising $1 Billion for SPAC Effort: WSJ
As special purpose acquisition companies continue to gain influence in the market, another with backing by a major hedge fund could soon be on the way. The hedge fund Elliott…
Reform business rates or risk a high street collapse, say firms
The leaders of household names including Tesco, B&Q and Waterstones have warned the chancellor that the business rates burden on shops is putting thousands of high street jobs at risk,…
Japan bank deposits rise at record pace as firms, households hoard cash
TOKYO (Reuters) – Japanese bank deposits surged at a record annual pace in January, data showed on Monday, a sign companies and households were continuing to hoard cash to guard…
Debt levels soar for business as UK economy struggles to recover from Covid
Britain’s economy is facing a lengthy recovery from the third coronavirus lockdown amid soaring levels of business debt after almost a year of economic turmoil caused by the pandemic. ©…
Asian shares, oil buoyant on economic revival hopes
SYDNEY (Reuters) – Asian shares hovered near record highs on Monday while oil surpassed $60 a barrel on hopes a $1.9 trillion COVID-19 aid package will be passed by U.S.…
This Week: Job openings, consumer prices, Disney earns
A look at some of the key business events and economic indicators upcoming this week: JOB MARKET BELLWHETHER The Labor Department issues its latest monthly tally of job openings Tuesday.…
