Panasonic sees higher profit this year on robust battery demand

(Reuters) – Japanese electric vehicle (EV) battery maker Panasonic (OTC:PCRFY) Holdings Corp on Wednesday forecast a higher operating profit this…

Toyota shareholders submit proposal on climate disclosure, in test for new CEO

(Reuters) – A trio of European asset managers has submitted a shareholder proposal urging Toyota Motor (NYSE:TM) Corp to improve disclosure of…

Chinese company earnings reveal lopsided economic recovery

(Reuters) – People in China splashed out on dining, travel and luxury goods after emerging from three years of pandemic…

Japan stocks lower at close of trade; Nikkei 225 down 0.41%

Japan stocks were lower after the close on Wednesday, as losses in the Transport, Trading and Glass sectors led shares lower. At the close in…

Australia stocks lower at close of trade; S&P/ASX 200 down 0.12%

Australia stocks were lower after the close on Wednesday, as losses in the Financials, Gold and Telecoms Services sectors led shares lower. At the close…

Dollar edges up as market looks to U.S. debt ceiling talks, inflation data

(Reuters) – The dollar edged up against major currencies on Tuesday as traders awaited U.S. debt ceiling talks and new…

UBS expects good print from Walmart, Truist still cautious on shares

UBS expects a good print from Walmart (NYSE:WMT) when it reports earnings for its latest quarter next week, analysts said…

Goldman Sachs to pay $215 million to settle gender discrimination lawsuit

(Reuters) – Goldman Sachs Group Inc has agreed to pay $215 million to settle a long-running class-action lawsuit that alleged…

Amazon begins selling toys, clothing through mobile games

(Reuters) – Amazon (NASDAQ:AMZN) said on Tuesday it had begun selling users of mobile games related physical items such as…

Tempur Sealy seeks sales bounce with $4 billion deal for Mattress Firm

(Reuters) – Tempur Sealy International Inc said on Tuesday it has agreed to acquire mattress retailer Mattress Firm in a…