Toshiba Corp (6502.T) is in talks with at least four global private equity firms including KKR & Co Inc (KKR.N) and Blackstone Inc (BX.N) to seek their ideas for its new strategy, three sources with knowledge of the matter said.
Global corporate profits in the third quarter are likely to fall for the first time in 18 months after record earnings in April-June, Reuters calculations showed, as the spreading COVID-19 Delta variant squeezes supply chains and raises labour costs.
U.S. dollar stores including Dollar General and Family Dollar are likely to see a sales and earnings boost from the Biden administration’s plan to hike food stamp benefits, an added payoff for the chains’ strategy to tap the $274 billion fresh food market.
U.S. officials have approved license applications worth hundreds of millions of dollars for China’s blacklisted telecom company Huawei to buy chips for its growing auto component business, two people familiar with the matter said.
Major global retailers have agreed to extend for a further two years a legal agreement with garment workers and factory owners in Bangladesh that subjects retailers to legal action if their factories fail to meet labour safety standards, according to a copy of the agreement seen by Reuters on Wednesday.
When South Korea announced new lending curbs last month, Joe Park, a 34-year-old grocery chain purchasing manager, scrambled to borrow more money before the tighter rules took effect.
A shortage of semiconductor chips may persist for the rest of this year if the coronavirus pandemic keeps Southeast Asian factories shut, a Bank of Japan policymaker said, highlighting supply constraints as among key risks to the global economy.
A group of Wall Street figures and Chinese officials aiming to strengthen financial sector ties and bolster bilateral relations plans to hold a virtual meeting for the first time in a year, a person familiar with the matter said on Wednesday.
Afterpay Ltd (APT.AX) said on Wednesday its annual marketing costs more than doubled as it entered new markets to tap a pandemic-driven boom in buy now, pay later (BNPL) services, widening the Australian company’s loss ahead of Square’s buyout.
Oil prices steadied near $71 a barrel, taking a breather after a strong rally in recent days as Mexico was set to resume crude production following a major outage.
Toshiba Corp (6502.T) is in talks with at least four global private equity firms including KKR & Co Inc (KKR.N) and Blackstone Inc (BX.N) to seek their ideas for its new strategy, three sources with knowledge of the matter said.
Global corporate profits in the third quarter are likely to fall for the first time in 18 months after record earnings in April-June, Reuters calculations showed, as the spreading COVID-19 Delta variant squeezes supply chains and raises labour costs.
U.S. dollar stores including Dollar General and Family Dollar are likely to see a sales and earnings boost from the Biden administration’s plan to hike food stamp benefits, an added payoff for the chains’ strategy to tap the $274 billion fresh food market.
U.S. officials have approved license applications worth hundreds of millions of dollars for China’s blacklisted telecom company Huawei to buy chips for its growing auto component business, two people familiar with the matter said.
Major global retailers have agreed to extend for a further two years a legal agreement with garment workers and factory owners in Bangladesh that subjects retailers to legal action if their factories fail to meet labour safety standards, according to a copy of the agreement seen by Reuters on Wednesday.
When South Korea announced new lending curbs last month, Joe Park, a 34-year-old grocery chain purchasing manager, scrambled to borrow more money before the tighter rules took effect.
A shortage of semiconductor chips may persist for the rest of this year if the coronavirus pandemic keeps Southeast Asian factories shut, a Bank of Japan policymaker said, highlighting supply constraints as among key risks to the global economy.
A group of Wall Street figures and Chinese officials aiming to strengthen financial sector ties and bolster bilateral relations plans to hold a virtual meeting for the first time in a year, a person familiar with the matter said on Wednesday.
Afterpay Ltd (APT.AX) said on Wednesday its annual marketing costs more than doubled as it entered new markets to tap a pandemic-driven boom in buy now, pay later (BNPL) services, widening the Australian company’s loss ahead of Square’s buyout.
Oil prices steadied near $71 a barrel, taking a breather after a strong rally in recent days as Mexico was set to resume crude production following a major outage.
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