TAIPEI (Reuters) – Taiwanese chipmaker TSMC said on Tuesday its board had approved a plan of capital injection of up…
Out of lockdown, Kmart pushes Australia’s Wesfarmers to higher profit
By Byron Kaye and Roushni Nair (Reuters) -Australia’s biggest listed conglomerate Wesfarmers Ltd booked a better-than-expected interim profit as a…
Australia’s Fortescue FFI sees Texas potential among 5 key projects
MELBOURNE (Reuters) – Australia’s Fortescue Metals Group sees green hydrogen production in Texas as likely to be one of five…
U.S. Senator Rubio seeks review of Ford technology deal with China’s CATL
By David Shepardson WASHINGTON (Reuters) – Senator Marco Rubio on Tuesday asked the Biden administration to review Ford Motor’s deal…
Meta Oversight Board to begin reviewing cases more quickly
By Sheila Dang (Reuters) -Meta Platforms’ Oversight Board announced Tuesday it will review more types of content moderation cases and…
Australia’s CBA posts record HY profit, outlook hits shares
By Praveen Menon and Savyata Mishra (Reuters) -Rising interest rates helped Commonwealth Bank of Australia deliver record profits on Wednesday,…
TSMC shares fall after Berkshire cuts stake
TAIPEI (Reuters) – Shares in Taiwan’s TSMC opened 3.3% lower on Wednesday after Warren Buffett’s Berkshire Hathaway Inc slashed its…
Biden taps Brainard, Bernstein to lead economic team, braces for debt ceiling fight
By Andrea Shalal, Steve Holland and Lindsay Dunsmuir (Reuters) -President Joe Biden on Tuesday picked Federal Reserve Vice Chair Lael…
Ford halts production, shipments of F-150 Lightning over possible battery issue
(Reuters) – Ford Motor Co said on Tuesday it had stopped production and shipments of its F-150 Lightning electric pickup…
Mexico’s America Movil Q4 net profit tumbles, hit by Chile unit deconsolidation
MEXICO CITY (Reuters) -Mexican telecommunications giant America Movil reported on Tuesday a 90% drop in its fourth-quarter net profit from the…