TOKYO (Reuters) -Japan’s industrial output shrank in July as car production took a hit from a coronavirus resurgence in Asia that has cast doubt over the recovery in the world’s third-largest economy.Employees wearing protective face masks and face guards work on the automobile assembly line as the maker ramps up car production with new security […]
Gary Gensler, the chair of the Securities and Exchange Commission, said on Monday that a ban was “on the table” for a practice that underpins some of the most popular free stock-trading apps. Mr. Gensler told Barron’s in an interview that he would consider banning “payment for order flow” — the practice in which large […]
The latest lockdown will likely see New Zealand’s GDP drop by 6 per cent in the September quarter, ANZ economists estimate in a new report. But they remain confident of a V-shaped economic recovery. “With fiscal policy stepping in to absorb most of that hit, households and businesses should be relatively sheltered,” the report says. […]
Medicinal cannabis company Rua Bioscience said its pretax loss widened to $6.17 million in the June year from a $3.6m loss a year earlier. A $1.75m tax credit took the net loss down to $4.4m for the year. Rua, which listed in October 2020, said its investment in research and development came to $1.9m, up […]
Supermarkets have been major potential Covid hotspots, remaining open when most other shops are forced shut. But one brand featured more prominently in August than others on the Ministry of Health list. Countdown had nearly double its closest rival’s numbers. The ministry tells people to record their store visits, check places of interest to see […]
CoreLogic: Tauranga first home buyers are paying a median of $770,000 to secure a mortgage. Photo / Getty GettyImages-109350535.JPG CoreLogic chief property economist Kelvin Davidson. Photo / Supplied 230621_KelvinDavidson_BOPzh.JPG Managing director of the Realty Group Ltd, which operates Eves and Bayleys, Simon Anderson. Photo / NZME A_181019aw12bop.JPG REINZ regional director Neville Falconer. Photo / Supplied […]
(Reuters) -European stocks ended flat on Monday as a British holiday made for languid trade, but were set for strong monthly gains on expectations that continued central bank support would sustain an economic recovery.FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany August 24, 2021. REUTERS/StaffThe […]
OPINION Since the Government’s preliminary roll-out of the Clean Car Standard, there has been much debate around the policy and the switch to electric vehicles. Elsewhere in the world, the discussion has moved past the ‘ifs’.The UK plans to do away with combustion vehicles by 2030 and the EU has proposed to ban sales of […]
WASHINGTON (Reuters) – U.S. consumer spending slowed in July as a decline in motor vehicle purchases due to shortages offset a rise in outlays on services, supporting views that economic growth will moderate in the third quarter amid a resurgence in COVID-19 infections. But the foundation for the recovery remains solid, with the report from […]
Tim Cook, the boss of Apple, has been paid a bonus of more than $750m (£547m) after spending 10 years at the technology giant. The chief executive of the world’s most valuable public company was awarded five million shares for presiding over a massive 191.83% rise in Apple’s share price in the last three years, […]