Nintendo promises 10% pay hike even as it trims profit outlook
TOKYO (Reuters) -Japanese video game maker Nintendo Co Ltd said on Tuesday it plans to lift workers’ base pay by 10% even though a firmer yen forced it to trim…
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TOKYO (Reuters) -Japanese video game maker Nintendo Co Ltd said on Tuesday it plans to lift workers’ base pay by 10% even though a firmer yen forced it to trim…
NAIROBI (Reuters) – Kenya’s finance ministry has tweaked its spending and budget deficit estimates for the current fiscal year that ends in June to show a slight increase in overall…
FRANKFURT (Reuters) – Plans by the European Union to loosen state aid rules in order to boost local industry and compete with U.S. support schemes tackle the right issues but…
By Jamie Freed and Allison Lampert (Reuters) -Europe’s aviation regulator has ruled out an industry push to allow planes to be crewed by just pilot by 2030 but said it…
(Reuters) – South African petrochemical group Sasol said on Tuesday it expects its half-year profit to double, driven by strong oil prices and despite operational challenges in its domestic unit.…
MELBOURNE (Reuters) – Barrick Gold has ruled out a counterbid for number-one Australian gold producer Newcrest Mining, its chief executive told Bloomberg, eliminating what had seemed to be the most…
(Reuters) – Australia and New Zealand Banking Group said on Tuesday it would raise its Australian variable home loan rates by 25 basis points (bps), passing on the central bank’s…
A look at the day ahead in European and global markets from Ankur Banerjee Investors are just about coming to terms with the eye-popping payrolls number from Friday, but with…
By Stella Qiu SYDNEY (Reuters) -Australia’s central bank raised its cash rate 25 basis points to a decade-high of 3.35% on Tuesday and reiterated that further increases would be needed,…
By Chris Taylor NEW YORK (Reuters) – Look at the waves of layoffs happening across America right now, and you are probably pondering something you have not had to think…
By Marc Jones LONDON (Reuters) – Central banks face mounting losses on the trillions of dollars of bonds they bought in the past 15 years of rolling crises, a paper…
By Emma-Victoria Farr, Patricia Weiss and Oliver Hirt FRANKFURT (Reuters) -Bayer investor Jeff Ubben has contacted fellow shareholders in the German group, investors and sources familiar with the matter told…
BANGKOK (Reuters) – Thailand’s exports are likely to grow 1% to 2% this year, unchanged from a previous forecast, due to slowing global demand, the country’s shippers’ council said on…
BOGOTA (Reuters) – Colombia’s government on Monday presented a $247.1 billion four-year development plan to the country’s lawmakers, laying out details of its projected social and economic investments. The so-called…
SINGAPORE (Reuters) -India’s Adani group of companies, which in recent weeks has seen a brutal selloff in its bonds and shares after being targetted by a U.S. short-seller, is still…
By Tetsushi Kajimoto TOKYO (Reuters) – Japan confirmed on Tuesday that it made record interventions in the foreign exchange market in October, selling the dollar worth 6.35 trillion yen ($48…
(Reuters) – The New York Stock Exchange (NYSE) on Monday said it plans to reimburse investors who incurred losses due to a trading glitch last month that caused widespread confusion…
By David Shepardson WASHINGTON (Reuters) -Boeing Co expects to cut about 2,000 white-collar jobs this year in finance and human resources through a combination of attrition and layoffs, the U.S.…
By Yoshifumi Takemoto TOKYO (Reuters) – Japan’s government is considering presenting to parliament its nominees for next Bank of Japan (BOJ) governor and two deputy governors sometime next week, three…
SAO PAULO (Reuters) -An heir of Lebanese-Brazilian billionaire banker Joseph Safra has sued his mother and two siblings amid a dispute over the fortune of his late father, according to…
(Reuters) – Walt Disney Co said on Monday it had set its annual shareholder meeting on April 3, with a focus on activist investor Nelson Peltz’s bid seeking a seat…
(Reuters) -CVS Health Corp is close to an agreement to buy primary care center operator Oak Street Health Inc for about $10.5 billion including debt, the Wall Street Journal reported…
By Alison Frankel (Reuters) – Madison Square Garden Entertainment Corp does not want New York’s liquor licensing agency to see sworn testimony from its chairman and CEO James Dolan as…
By Gilles Guillaume and Nick Carey LONDON (Reuters) – Japanese car maker Nissan will buy a stake of up to 15% in Renault’s electric vehicle (EV) unit Ampere, the pair…
By Kantaro Komiya TOKYO (Reuters) -Japanese real wages rose for the first time in nine months thanks to robust temporary bonuses, but uncertainty remains on whether pay hikes will continue…