(Bloomberg) — Commerzbank AG warned that Germany could face a slump similar to the contraction seen after the 2008 financial crisis if Russia were to cut off gas supplies. Read More
TOKYO (AP) — Nintendo’s profit in the April-June quarter rose 28% from a year earlier on healthy demand for its games, although its console sales were dented by a shortage of semiconductors. Read More
Boeing Co faced added uncertainty over crucial plane deliveries to China on Wednesday as a visit to Taipei by U.S. House of Representatives Speaker Nancy Pelosi angered Beijing and risked stoking Sino-U.S. trade tensions. Read More
(Bloomberg) — Shell Plc has given the vast majority of its employees a bonus equivalent to 8% of their annual salary as earnings surge to historic highs. Read More
(Bloomberg) — Natural gas prices in Europe steadied after two days of gains as Russian supplies remain stable, albeit low, and traders seek more clarity on Moscow’s next move. Read More
Lorraine Tan, director of Asia equity research at Morningstar, discusses the current state of markets, her outlook for Taiwan’s semiconductor industry and her investment strategy. She speaks on Bloomberg Television. ——– Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: https://www.bloomberg.com Connect with us on… Twitter: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: […]
President Tsai Ing-wen vowed that Taiwan will not back down when facing deliberately heightened military threats. She made the comments after conferring an award on US House Speaker Nancy Pelosi, thanking her for her support in the face of a years-long international pressure campaign led by Beijing. ——– Follow Bloomberg for business news & analysis, […]
House Speaker Nancy Pelosi pledged that the US wouldn’t abandon Taiwan, reaffirming support for the democratically elected government in Taipei. Pelosi made her comments on Wednesday during a Presidential Office ceremony with Taiwanese leader Tsai Ing-wen. ——– Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: https://www.bloomberg.com Connect with us […]
A.P. Moller Maersk A/S raised its profit forecast for a second time this year as it expects a record profit for 2022. CEO Soren Skou discusses the results on “Bloomberg Markets Europe.”