Automaker Toyota has again adjusted its production plans. The Japanese company will build 400,000 fewer cars than it had planned after an earlier adjustment in […]
Category: Business
Report: European Banks Remain Active in Tax Havens
European banks have not reduced their presence in tax havens. Not even after several dubious practices came to light that multinationals use to evade taxes, […]
Lufthansa Does Not Count on Easing US Travel Ban Before Christmas
German airline Lufthansa does not expect the entry ban for European travellers to the United States to be relaxed before Christmas. An easing of […]
Chip and Tech Companies Help Nikkei Make Small Profits
The Tokyo stock exchange closed with a small profit on Thursday. Investors processed the disappointing jobs report from American payslip processor ADP and mainly invested […]
Nikkei Lower in Anticipation of Fed Chief Powell Speech
The Tokyo stock exchange closed with a loss on Friday. Investors processed the lower closing positions on Wall Street, where the mood was depressed by […]
Mazda Shuts Down Factories Due to Shortage of Parts from China
Mazda is forced to shut down production at two of its factories in Japan at least until Friday. The Japanese car manufacturer is struggling with […]
The US Allows Chips to Huawei Despite Sanctions
The United States has given Chinese tech group Huawei permission to buy hundreds of millions of dollars of chips in the country, insiders say to […]
Paypal Also Lets British Customers Pay with Crypto Coins
The American payment giant Paypal will offer its customers in the United Kingdom the possibility to buy, sell or collect digital coins with digital coins. […]
Chinese Pledge to Lower Steel Production Pressures Iron Ore Prices
Iron ore prices fell sharply for the second day in a row on Thursday. The price for the rock is under pressure after China pledged […]
German Chip Company Infineon: Chip Shortages Can Last for Years
The global chip shortage that is disrupting the production of several companies could continue for years to come. Reinhard Ploss, CEO of the German chip […]