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01 Mar

European shares fall on weak earnings, Ukraine jitters

European stocks inched lower on Tuesday, as weak earnings reports added to jitters over the Ukraine crisis after ceasefire talks between Moscow and Kyiv failed to reach a breakthrough.

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01 Mar

Toshiba CEO suddenly resigns amid opposition to restructuring plans

TOKYO (Reuters) -Toshiba Corp said on Tuesday CEO Satoshi Tsunakawa has resigned - a sudden departure that comes after sources said revised restructuring plans sparked opposition within the company in addition to long-standing anger from shareholders.

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01 Mar

Airspace closures after Ukraine invasion stretch global supply chains

(Reuters) -Global supply chains, already hit hard by the pandemic, are facing further disruption and cost inflation as airspace closures after Russia's invasion of Ukraine affect the air freight industry.

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01 Mar

Bayer targets return to growth in annual adjusted profit

FRANKFURT (Reuters) -German diversified group Bayer is aiming for a return to growth in adjusted core earnings this year as higher profit at its agriculture division would likely be tempered by investments in new genetic treatment technologies.

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01 Mar

Hyundai to stop plant in Russia on March 1-5 amid supply crunch, Ifax says

Hyundai Motor Co will suspend its car assembly plant in Russia's St Petersburg on March 1-5 due to supply chain interruptions, Interfax newsagency reported on Tuesday, citing a company official for the South Korean company in Russia.

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01 Mar

Palm oil becomes costliest vegoil as Ukraine war halts sunoil supply

Palm oil has become the costliest among the four major edible oils for the first time as buyers rush to secure replacements for sunflower oil shipments from the top exporting Black Sea region that were disrupted by Russia's invasion of Ukraine.

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01 Mar

Toyota to restart Japan production after cyberattack on supplier triggers 1-day halt

TOKYO (Reuters) -Toyota Motor Corp will restart domestic production from Wednesday after a cyberattack on a supplier ground the automaking giant's factories to a one-day halt, sparking concerns about vulnerability in Japan's Inc's supply chain.

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Latest Articles

  • China receives US equipment to make advanced chips despite new rules - report
  • China receives US equipment to make advanced chips despite new rules-report
  • U.S. Treasury yields have peaked, say strategists for fourth straight month: Reuters poll
  • Google's expert in US antitrust trial defends billions paid to device makers
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