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Business

Japanese automakers’ China car sales tumbled in August

By cateincbacom September 19, 2021September 13, 2021

Japanese automakers Honda Motor (7267.T), Nissan Motor (7201.T) and Toyota Motor (7203.T) saw their sales in China tumble in August as a chip shortage hit vehicle production in the world's…

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Business

Qualcomm says it will supply chip for new Renault electric vehicle

By cateincbacom September 18, 2021September 13, 2021

Qualcomm Inc (QCOM.O) on Monday said it will supply a key computing chip for the digital dashboard in a new Renault SA (RENA.PA) electric vehicle. San Diego, California-based Qualcomm, the…

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Business

Dollar shakes off jobs report blues in big central bank week

By cateincbacom September 17, 2021September 13, 2021

The U.S. dollar on Monday clawed back some of the losses sustained after last week's poor U.S. jobs report, helped by firmer U.S. Treasury yields in a big week for…

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Business

EXCLUSIVE Refinitiv examines changes to key daily FX fixing window

By cateincbacom September 16, 2021September 13, 2021

Refinitiv is considering a series of changes to its daily foreign exchange (FX) fixing, including lengthening the trading window used to calculate it, a senior company executive said, amid industry…

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Business

U.S. offshore oil output lags as Louisiana refiners restart after Ida

By cateincbacom September 15, 2021September 13, 2021

Damage to oil production facilities in the U.S. Gulf of Mexico kept output largely halted on Sunday, a week after Hurricane Ida made landfall, according to offshore regulator the Bureau…

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Business

Saudi Arabia slashes crude prices to Asia; US, Europe prices steady

By cateincbacom September 14, 2021September 13, 2021

Saudi Arabia, the world's top oil exporter, slashed prices of all crude grades to Asian customers in October versus September, but left prices to northwestern Europe and the United States…

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Business

Singapore to allow Boeing 737 MAX to return to service

By cateincbacom September 13, 2021September 13, 2021

Singapore's aviation regulator said on Monday it would approve the return to service of the Boeing Co (BA.N) 737 MAX more than two years after the plane was grounded, becoming…

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