Honda to cut production by 10% in two factories
Japan's Honda Motor will reduce factory production by about 10% in two domestic plants through the end of March, it said on Thursday, citing the global microchip shortage and geopolitical uncertainty.
Japan's Honda Motor will reduce factory production by about 10% in two domestic plants through the end of March, it said on Thursday, citing the global microchip shortage and geopolitical uncertainty.
LONDON (Reuters) -British online fashion retailer Boohoo forecast 2021-22 core earnings in line with reduced guidance as it reported an expected slowdown in revenue growth in its latest quarter.
Capital-hungry smaller Chinese startups are vying for speedy offshore listings by merging with blank-check firms at a time when Beijing's tighter scrutiny has slowed capital raising via overseas IPOs, company executives and bankers said.
Suzuki Motor Corp has suspended car exports to Russia and Ukraine from its Hungarian factory as of March due to the war, the Japanese company said on Wednesday, in one of the first signs of the conflict hitting the broader economy in the region.
For funds undeterred in their investment choices by the killing of Saudi journalist Jamal Khashoggi or China's treatment of the Uyghurs, Russia's invasion of Ukraine is proving a wake-up call.
Shell Chief Executive Ben van Beurden's pay package for last year rose by about a quarter to 7.4 million euros ($8.2 million), his first raise since receiving a bumper 20 million euros for 2018, Shell's annnual report showed.
(Refiles to correct headline to show company is Chevron and Phillips joint venture not Chevron unit)