Dollar struggles, stocks buoyant as trade activity data sets tone

LONDON, Jan 24 (Reuters) – The euro held at a nine-month high against the dollar and global stocks hit multi-month highs on Tuesday after reasonable data on economic activity in Europe and a slew of corporate earnings kept risk appetite going. Euro zone business activity made a surprise return to growth in January, the latest … Read more

In a Tokyo supermarket, signs of struggle for Japanese companies

TOKYO, Jan 20 (Reuters) – Japanese supermarket owner Hiromichi Akiba has built his bustling business on close ties to his neighborhood – the reason he says he can’t make the price hikes on his merchandise that would allow him to give his employees a pay raise. Sharp price increases linked to soaring raw material costs … Read more

Japan’s business mood improving, global slowdown weighs on outlook – poll

Manufacturer confidence index at +8, up for the first time in 4 months Services sector index hits 3-year high of +25 in December Mood for makers and non-makers looks subdued ahead Reuters Tankan is closely correlated with BOJ tankan TOKYO, Dec 7 (Reuters) – Sentiment among major Japanese manufacturers rose for the first time in … Read more

Shocks galore but Asia again unrepresented at end of business

DOHA, Dec 6 (Reuters) – Asia will again not be represented in the quarter-finals of the World Cup, but several upset wins and dynamic displays are leaving many on the continent feeling the gap with the top teams is getting tighter. The first World Cup in the Arab world was also the second fully staged … Read more

Exclusive: Toyota scrambles to restart EVs with eye on Tesla

Oct 24 (Reuters) – Toyota (7203.T) plans to restart its electric car strategy to better compete in a booming market it has been slow to break into and has halted some work on existing electric vehicle projects , four people with knowledge of the plans still in development said. The proposals under consideration, if passed, … Read more

Biden and Xi to meet ahead of G20, Musk addresses business forum by candlelight

NUSA DUA, Indonesia, Nov 14 (Reuters) – Chinese leader Xi Jinping will arrive on the Indonesian island of Bali on Monday for a long-awaited meeting with U.S. President Joe Biden ahead of the tension-laden Group of 20 (G20) summit about Russia’s invasion of Ukraine. The two leaders are expected to discuss the nuclear ambitions of … Read more

Nissan suffers a loss of 687 million dollars by selling its Russian activities for 1 euro

Sale to the Russian public entity NAMI Nissan has the right to buy back business within six years Renault sees its H2 net profit hit by 331 million euros following its move TOKYO, Oct 11 (Reuters) – Nissan Motor Co Ltd (7201.T) will sell its Russia business to a state-owned entity for 1 euro ($0.97), … Read more