(Reuters) -Fox Corp reported better-than-expected quarterly revenue on Tuesday, as the Fox News parent benefited from an uptick in advertising…
Toyota cuts output target amid chip crunch as profit tumbles 25%
By Satoshi Sugiyama TOKYO (Reuters) – Toyota Motor Corp on Tuesday posted a worse-than-expected 25% drop in quarterly profit and…
Volkswagen sells WeShare to Berlin-based carsharing service
BERLIN (Reuters) – Volkswagen said on Tuesday it would sell its carsharing service WeShare to Miles Mobility, under a deal…
Exclusive-Brazil coffee defaults spike for second year in a row
By Maytaal Angel and Marcelo Teixeira LONDON/NEW YORK (Reuters) – Brazilian coffee farmers are defaulting on contracts for a second…
Refiner Phillips 66 quarterly profit jumps on strong fuel demand
(Reuters) – Phillips 66 reported a jump in quarterly profit on Tuesday, as the refiner benefited from surging fuel demand…
Grocery retailer Pick n Pay to start accepting cryptocurrency payments
JOHANNESBURG (Reuters) – One of South Africa’s largest grocery retailers Pick n Pay is expanding a pilot of adding cryptocurrency…
Exclusive-Greece to borrow up to 8 billion euros from bond markets in 2023
By Lefteris Papadimas ATHENS (Reuters) – Greece plans to raise up to 8 billion euros ($7.91 billion) from debt markets…
China property slump persists in October with falling prices, sales as COVID bites
BEIJING (Reuters) – China’s property market continued its slump in October, with private data showing home prices and sales falling,…
Pakistan’s Oct CPI accelerates to 26.6% y/y on food and fuel costs
KARACHI, Pakistan (Reuters) – Pakistan’s consumer inflation accelerated in October to 26.6% from a year earlier, the statistics bureau said…
Hong Kong Sept retail sales edge up as travel rules ease
By Donny Kwok and Twinnie Siu HONG KONG (Reuters) – Hong Kong’s retail sales nudged up in September helped by…