(Reuters) – Norfolk Southern Corp reported a lower-than-expected fourth-quarter profit on Wednesday as U.S. railroad operators struggle with labor shortages,…
Tokyo bourse proposes 2025 end of grace period for listing rules
By Hiroko Hamada and Makiko Yamazaki TOKYO (Reuters) – The Tokyo Stock Exchange said on Wednesday it had proposed ending…
Indonesia to make exporters hold FX earnings onshore for 3 months -media
JAKARTA (Reuters) – Indonesia plans to introduce a requirement for exporters to keep their foreign exchange earnings in the local…
Train maker Alstom’s sales gain steam as orders beat estimates
By Olivier Sorgho (Reuters) -French train maker Alstom posted an 8% rise in third-quarter sales on Wednesday, helped by forecast-beating…
Pakistani rupee falls after market maker group removes currency cap
By Ariba Shahid and Asif Shahzad KARACHI, Pakistan (Reuters) -The Pakistani rupee weakened by 1.2% on Wednesday after foreign exchange…
Tesla plans $3.6 billion Nevada expansion to make Semi truck, battery cells
(Reuters) -Tesla Inc said on Tuesday it would invest more than $3.6 billion to expand its Nevada Gigafactory complex with…
Japan cuts economic view as exports to Asia weaken
TOKYO (Reuters) – Japan cut its view on the overall economy for the first time in 11 months in January,…
Exclusive-Equinor joins Western oil firms’ retreat from Nigeria -sources
By Ron Bousso LONDON (Reuters) – Norway’s Equinor has launched the sale of its stake in an offshore Nigerian oilfield,…
Wall Street’s market glitches and the repercussions
By Chuck Mikolajczak NEW YORK (Reuters) -The New York Stock Exchange (NYSE) suffered a technical problem at the opening of…
Textron posts quarterly revenue beat on strong business jet demand
(Reuters) – Cessna jet maker Textron Inc reported a better-than-expected revenue on Wednesday, as a pandemic-driven demand for private jets…