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February 9, 2023

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Lockmaker Assa Abloy’s profits soar, but travel-related sales lag

August 12, 2021August 6, 2021 - by villasolnet

Sweden’s Assa Abloy (ASSAb.ST), the world’s biggest lockmaker, beat expectations with a 71% jump in second-quarter operating profit on Monday, saying demand picked up in many of its markets even …

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Business

Japan central bank sees moderate impact from global commodity inflation

August 11, 2021August 6, 2021 - by villasolnet

Rising global commodity prices are likely to push up Japan’s consumer inflation, though only for a temporary period, and to a smaller extent than in Western economies, the Bank of …

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Business

Japan maintains economic assessment in July report

August 10, 2021August 6, 2021 - by villasolnet

Japan kept the overall assessment of its economy unchanged for a second straight month in July, retaining the view that conditions remain severe due to the impact of the coronavirus …

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Business

Automakers cutting back on rare earth magnets

August 9, 2021August 6, 2021 - by villasolnet

As tensions mount between China and the United States, automakers in the West are trying to reduce their reliance on a key driver of the electric vehicle revolution – the …

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Business

South Korea poised to kick-start Asia’s monetary tightening

August 8, 2021August 6, 2021 - by villasolnet

South Korea is set to be the first Asian economy to raise interest rates from pandemic-era lows as its hawkish, outgoing central bank governor steps up efforts to stamp out …

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Business

What might the Bank of England do to wean the UK economy off stimulus?

August 7, 2021August 6, 2021 - by villasolnet

Two top Bank of England officials surprised investors this week by saying the time might be nearing for the British central bank to rein in the huge stimulus programme it …

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Business

J&J exploring putting talc liabilities into bankruptcy

August 6, 2021 - by villasolnet

Johnson & Johnson (JNJ.N) is exploring a plan to offload liabilities from widespread Baby Powder litigation into a newly created business that would then seek bankruptcy protection, according to seven …

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