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TOKYO : Japan’s major life insurers are expected to continue purchasing Japanese government bonds (JGBs) into the second half of the fiscal year, but the pace and extent of these purchases will vary as firms strive to balance risk and…
LONDON : Unilever will make “drastic” changes in Indonesia, its finance chief said on Thursday as consumers boycott multinational brands in response to the war in Gaza and exacerbate the business’ existing distribution problems. Unilever, which makes Dove soap, Knorr…
Tesla CEO Elon Musk showcased a long-promised robotaxi with two gull-wing doors and without a steering wheel or pedals at a much-hyped event on Thursday (Oct 10), paving the path for what he has bet will drive long-term growth for…
Wolfspeed forecast first-quarter revenue below estimates on Wednesday, anticipating manufacturing issues that could affect its production capacity amid slowing EV sales. Shares of the chipmaker, however, surged around 6 per cent in extended trading, as CEO Gregg Lowe said the…