CYCP08

Wall Street ends down as two-day rally fizzles on data, Fed message

Wall Street ends down as two-day rally fizzles on data, Fed message

Stocks rise in late-day surge on oversold conditions US private payrolls increase in September – ADP Twitter eases from one-year high, Tesla falls 6% Energy stocks jump as OPEC+ agrees to oil output cuts Indices fall: Dow down 0.14%, S&P 0.20%, Nasdaq 0.25% Oct 5 (Reuters) – Wall Street stocks closed lower on Wednesday, unable …

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PlayStation eyes new investment for PC, mobile push

PlayStation eyes new investment for PC, mobile push

TOKYO, Oct 4 (Reuters) – Sony Group Corp’s (6758.T) gaming business is looking at fresh investment to bolster its push into PC and mobile, a senior executive said, as the PlayStation 5 maker competes for talent with deep-pocketed rivals. and as industry dealmaking heats up. “Further investments in areas that will strengthen the expansion on …

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Exclusive: Brands blast Twitter for ads next to child pornography accounts

Exclusive: Brands blast Twitter for ads next to child pornography accounts

Sept 28 (Reuters) – Some major advertisers including Dyson, Mazda, Forbes and PBS Kids have suspended their marketing campaigns or removed their ads from parts of Twitter because their promotions appeared alongside tweets soliciting child pornography, the companies told Reuters. DIRECTV and Thoughtworks also told Reuters late on Wednesday that they have paused their advertising …

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Frugal is the new cool for young Chinese as the economy falters

Frugal is the new cool for young Chinese as the economy falters

BEIJING, Sept 19 (Reuters) – Before the pandemic, Doris Fu imagined a different future for herself and her family: new car, bigger apartment, fine dining on weekends and holidays on tropical islands. Instead, the 39-year old Shanghai marketing consultant is one of many Chinese in their 20s and 30s cutting spending and saving cash where …

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Hino's widening engine scandal becomes a nagging headache for Toyota

Hino’s widening engine scandal becomes a nagging headache for Toyota

Hino Motors’ logo is pictured at the 45th Tokyo Motor Show in Tokyo, Japan October 27, 2017. REUTERS/Kim Kyung-Hoon Register now for FREE unlimited access to Reuters.com Register TOKYO, Aug 23 (Reuters) – A widening scandal at Japan’s Hino Motors (7205.T) over falsification of engine data has become a headache that will not go away …

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As Japanese manufacturing fades, a factory town fights to stay alive

As Japanese manufacturing fades, a factory town fights to stay alive

HIGASHIOSAKA, Japan Aug 22 (Reuters) – The small factories in the western Japanese city of Higashiosaka for decades fueled the thundering rise of the country’s biggest brands – but a weak yen and rising costs have accelerated a slow decline, and are reshaping the industrial heartland . Home to about 6,000 firms, 87% of which …

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Toyota unit falsified emissions data from at least 2003, probe finds

Toyota unit falsified emissions data from at least 2003, probe finds

Hino Motors Ltd displays its new Hybrid Profia, a diesel-hybrid version of its large commercial truck model at its R&D Center at Hino in Tokyo, Japan July 17, 2018. REUTERS/Naomi Tajitsu/File Photo Register now for FREE unlimited access to Reuters.com Register Committee publishes report on false data scandal at Hino Says engineers did not feel …

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