Nissan Warns Of Flat Profit As Chip Shortage Becomes 'New Normal'
Nissan Motor Co expects flat operating profit this fiscal year, far below analysts' expectations, as Japan's third-biggest carmaker grapples with a global chip shortage, rising material costs and China's COVID restrictions.
UK Recession Risk Gathers Pace As Economy Shrinks In March
UK recession risk gathers pace as economy shrinks in March
SoftBank Reports Record Loss As Tech Shares Tank
SoftBank reports record loss as tech shares tank
US, China Congratulate Marcos For Philippine Election Win
US, China congratulate Marcos for Philippine election win
UK Economy Unexpectedly Shrinks In March As Recession Risks Loom
Britain's economy unexpectedly shrank 0.1% in March after a slump in car sales due to supply-chain problems, marking a weak end to the first quarter of a year when the risk of recession is looming.
UK Economy Shrinks In March As Recession Risks Mount
Britain's economy unexpectedly shrank in March, marking a weak end to the first quarter of a year when the risk of recession is looming and increasing pressure on the government to offer more support to inflation-hit households.
Apple Supplier Foxconn's Q1 Profit Up 5%, In Line With Market View
Apple Inc supplier Foxconn reported a largely in line 5% rise in first-quarter profit as chip shortages, supply chain issues and slow spending for electronics amid COVID-19 lockdowns in China curbed demand.
Apple Supplier Foxconn Forecasts Tough Year On China COVID Curbs, Inflation
Apple supplier Foxconn warned that current-quarter revenue for its electronics business including smartphones could slip as growth slowed amid rising inflation and cooling demand in locked-down China, as well as escalating supply chain issues.
Apple Supplier Foxconn Sees Challenges Ahead In China COVID Curbs, Inflation
Apple supplier Foxconn warned that current-quarter revenue for its electronics business including smartphones could slip as growth slowed amid rising inflation, cooling demand and escalating supply chain issues partly due to lockdowns in China.
Shanghai Hunts Down COVID Cases, Beijing Curbs Taxi Services
Shanghai authorities combed the city on Thursday for its last COVID-19 cases in the hope of clearing the way for escape from a painful six-week lockdown, while Beijing curbed taxi services to keep a lid on its smaller outbreak.
Beijing Denies Lockdown Rumours As Shanghai Hunts Elusive COVID
Beijing denied it was heading for lockdown as panic buying gripped the capital on Thursday, while Shanghai combed the city for lingering COVID-19 cases in the hope of clearing the way to escape from weeks of painful restrictions.
Many Sri Lankans Flee Capital As Political Leaders Meet To Seek Solution To Crisis
Many Sri Lankans thronged buses in the main city Colombo on Thursday to return to their hometowns with leaders of political parties due to meet after the prime minister quit and went into hiding and President Gotabaya Rajapaksa warned of anarchy.
Many Sri Lankans Flee Colombo As Political Leaders Meet To Seek Solution To Crisis
Many Sri Lankans thronged buses in the main city Colombo on Thursday to return to their hometowns with leaders of political parties due to meet after the prime minister quit and went into hiding and President Gotabaya Rajapaksa warned of anarchy.
Many Sri Lankans Flee Colombo As Crisis Persists
Many Sri Lankans thronged buses in the main city Colombo on Thursday to return to their hometowns during a brief relaxation in curfew, imposed after the prime minister quit and went into hiding and President Gotabaya Rajapaksa warned of anarchy.
Sri Lanka Names New PM In Bid To Address Growing Crisis
Sri Lanka appointed a new prime minister on Thursday, as its embattled president seeks a way out of the country's worst economic crisis since independence that has sparked widespread protests.
Erdogan Opponents Allege Greek Border Pushbacks
Erdogan opponents allege Greek border pushbacks
China's Xiaomi Battles Probes In Key India Market
Chinese smartphone giant Xiaomi Corp faces legal headaches in India as a federal financial crime-fighting agency and tax authorities investigate its business practices.
Azerbaijan Refugees Vow 'Great Return' To Karabakh
Azerbaijan refugees vow 'Great Return' to Karabakh
Allianz Very Likely To Fully Exit Russia, CFO Says
Allianz, which has already stopped accepting new business in Russia, will probably fully exit the country, the German insurer's finance chief said on Thursday.
Merck KGaA Sees FY Adjusted Profit Gains Of Up To 9% On Lab Demand
Germany's Merck KGaA said it expects earnings growth of up to 9% this year, mainly driven by drugmakers' demand for its laboratory gear business, but flagged risks related to lockdown measures in China.
Exclusive-Anglo American To Return To Zambia With Arc Minerals Copper Deal
Anglo American has agreed a deal to take majority control of Arc Minerals' Zambia copper-cobalt exploration licences, a source with direct knowledge of the matter said, which is Anglo's first investment in Zambia in 20 years.
Anglo American To Return To Zambia With Arc Minerals Copper Deal
Arc Minerals shares jumped 6.7% on Thursday after it announced an agreement under which Anglo American would take majority control of the junior exploration firm's Zambia copper-cobalt licences.
Sri Lanka President Set To Name New PM
Sri Lanka president set to name new PM
Cannes Marks Its 75th Year In Nostalgic Form
Cannes marks its 75th year in nostalgic form
How Will Lebanon Vote Impact The Crisis-hit Economy?
How will Lebanon vote impact the crisis-hit economy?
'We've All Made Mistakes' Greg Norman Says Of Saudi Journalist's Murder
'We've all made mistakes' Greg Norman says of Saudi journalist's murder
China Defends Hong Kong Cardinal's Arrest As Western Alarm Grows
China defends Hong Kong cardinal's arrest as Western alarm grows
Russia 'Most Direct Threat To World Order': EU's Von Der Leyen
Russia 'most direct threat to world order': EU's von der Leyen
Toyota Rolls Out First Battery Electric Car In Cautious Debut As Rivals Go Full-throttle
Toyota Motor Corp rolls out its first mass-produced battery electric car in Japan on Thursday for lease only, a strategy the automaker says will help ease driver concerns about battery life and resale value but has raised analysts' eyebrows.
Finnish Political Leaders To Unveil NATO Stance
Finnish political leaders to unveil NATO stance
