pandemic

Bank of Canada expected to push interest rates into restrictive territory

The Bank of Canada is widely expected to deliver yet another oversized interest rate hike next week, lifting its policy…

3 years ago

FedEx missteps fuel contractor’s crusade as pandemic delivery boom fades

Package carrier FedEx Corp (FDX.N) is facing a threat from an unusual source - one of its biggest delivery contractors.

3 years ago

Dollar General lifts sales forecast as inflation-hit Americans drive demand

Dollar General Corp (DG.N) lifted its annual comparable sales forecast on Thursday, encouraged by Americans flocking to discount store chains for everything…

3 years ago

Foxconn starts to feel sting of slowing smartphone sales

Apple (AAPL.O) iPhone assembler Foxconn (2317.TW) gave a cautious outlook for the current quarter after posting results that exceeded expectations, citing slowing smartphone demand…

3 years ago

Digital Academies address the challenges of the modern world of work

Digital academies – an initiative from the leading digital learning and assessment specialist, eCom Learning Solutions – are helping organisations…

3 years ago

OPEC+ might have to raise oil output so market doesn’t overheat, Kazakhstan says

OPEC+ might have to raise oil production to avoid market overheating, OPEC+ member Kazakhstan said on Wednesday, as the group…

3 years ago

Oil drops as weak Chinese factory data heightens demand concerns

Oil prices dropped on Monday as weak manufacturing data from China and Japan weighed on the demand outlook while investors…

3 years ago

Sony trims profit forecast after games business falters

Sony Group Corp (6758.T) trimmed its profit forecast on Friday after a weak first quarter for its PlayStation business, which it blamed…

3 years ago

‘Recession is in the air’: German economy stagnates in 2nd quarter

The German economy stagnated in the second quarter, data showed on Friday, with the war in Ukraine, the pandemic and…

3 years ago

Japan gives Kioxia and Western Digital $680 million to boost memory chip production

Japan's government on Tuesday said it will provide as much as 92.9 billion yen ($680 million) to Kioxia Holdings and…

3 years ago