U.S. economy likely regained steam in Q4, 2021 growth seen best in 37 years
U.S. economic growth likely accelerated in the fourth quarter as businesses replenished depleted inventories to meet strong demand for goods, helping the nation to log its best performance in nearly four decades in 2021.
Nokia and Nordic Semiconductor to simplify IoT Standard Essential Patent licensing
Nokia and Nordic Semiconductor announced today a pioneering new approach to licensing the use of cellular IoT Standard Essential Patents. Companies purchasing IoT hardware from Nordic will now be given the opportunity to acquire licenses to Nokia’s industry leading portfolio of cellular patents.
Euro on defensive as Ukraine tension, hawkish Fed buoy dollar, yen
The euro hovered near 1-month lows versus the dollar and yen on Wednesday, hurt by concerns about the potential for military conflict in Ukraine and ahead of the Federal Reserve wrapping a meeting that could herald accelerated monetary tightening.
U.S. consumer confidence dips; more plan to buy big-ticket items
U.S. consumer confidence ebbed slightly in January, with more consumers planning to purchase homes, automobiles and other big- ticket items even as they grew less optimistic about business and labor market conditions in the short term.
Robinhood says it is in ‘strong position’ to face unlikely market events
Robinhood Markets Inc (HOOD.O) on Tuesday highlighted steps it has taken to avoid imposing trading restrictions and said it was in a “strong position” to support customers through unlikely market events, in a blog post published almost one year after a social-media-fueled rally that rattled markets.
Ford aims to be the Tesla of connected commercial vehicles
Ford Motor Co (F.N) Chief Executive Jim Farley won applause from Wall Street by increasing the production target for the automaker’s electric F-150 to 150,000 a year, more than three times the original number.
LG Display Q4 profit drops 30% on year, hit by lower TV panel prices
South Korea’s LG Display Co Ltd (034220.KS) posted on Wednesday a 30% drop in quarterly operating profit on the year, hit by a steep decline in TV panel prices that offset solid shipments of smaller screens used for computers, laptops and smartphones.
Analysis: Investors worry about hawkish Fed hurting growth, even theorize over next recession
Laser-focused on how aggressive the Federal Reserve will be in tightening policy, some U.S. investors and strategists are starting to worry about what may seem a distant threat: a sharp economic slowdown or even the next recession.
Investors seek refuge in China as Fed, inflation roil other markets
Foreign investors are piling into China at the start of 2022, seeing it as a haven from the inflation, growth and pandemic problems plaguing most other markets.
Global share sell off pauses in Asia as investors await Fed policy update
Asian share markets steadied on Wednesday after three sessions of losses as investors awaited any hints about faster tightening of monetary policy from the U.S. Federal Reserve later in the day.
