Supply chain issues slow French manufacturing growth in October
Supply chain issues hit France’s manufacturing sector in October, where the slowdown in growth came broadly in line with initial forecasts, a monthly survey showed…
Category: Business
Adecco warns of labour shortages driving wage inflation
Adecco Group (ADEN.S) warned “pretty unprecedented” labour shortages would continue to push wages higher in the short to medium term, as lower-than-expected third quarter results…
China property firms’ shares, bonds hit as Yango seeks new extension
Chinese developers’ shares and bonds stumbled on Tuesday on worries over spreading financial contagion, as sources said one of the country’s top 20 homebuilders is…
ByteDance to reorganise into six units, CFO steps down to focus on TikTok
TikTok CEO Shou Zi Chew will step down as its parent ByteDance’s chief financial officer (CFO) to focus on running the short video platform full…
Maersk expands air freight with new Boeing planes, logistics firm acquisition
Denmark’s A.P. Moller-Maersk (MAERSKb.CO) said on Tuesday it will buy freight-forwarder Senator International along with two Boeing aircraft, the firm’s latest move to boost its…
Taiwan to woo backers at APEC for bid to join Pacific trade pact
Taiwan will seek support for its bid to join a trans-Pacific trade pact when it attends a meeting of economic leaders of the Asia-Pacific group…