Category: Business
Exxonmobil exploring carbon capture storage in Indonesia
Indonesian state-owned oil and gas company PT Pertamina and American energy giant Exxon Mobil Corp (XOM.N) signed an agreement on Tuesday to look at ways to use carbon capture storage (CCS) in the Southeast...
Japan Airlines narrows H1 loss on cost cuts, flags annual loss
Japan Airlines Co Ltd (JAL) (9201.T) reported on Tuesday a narrower first-half loss before interest and tax from a year ago, helped by cost cuts the carrier undertook during the pandemic, but it flagged...
Euro zone Oct factory growth hurt by supply woes, price pressures -PMI
Euro zone manufacturing activity remained strong last month but was curtailed by supply chain bottlenecks and logistical problems which sent input costs soaring, a survey showed on Tuesday. Ongoing disruptions caused by the coronavirus...
Huawei to sell key server division due to U.S. blacklisting
Huawei Technologies Co (HWT.UL) is in advanced talks to sell its x86 server business after the U.S. blacklisting of the company made it difficult to secure processors from Intel Corp (INTC.O). The Chinese telecoms...
Dollar cements gains in big week for central banks
The dollar consolidated gains against its rivals on Monday, after posting its biggest daily rise in more than four months as hedge funds cut back bearish bets ahead of a U.S. Federal Reserve policy...
Japan’s SEC probes SMFG unit over employees’ potential market manipulation
Japan’s securities watchdog has launched an investigation into Sumitomo Mitsui Financial Group’s (8316.T) brokerage unit over employees’ potential involvement in fraudulent stock transactions, the Nikkei business daily said on Tuesday. The Securities and Exchange...