BOJ keeps upbeat view on regional Japan, labor shortages cloud outlook
The Bank of Japan maintained its upbeat economic assessment for all nine regions of the country but some areas saw companies fret about rising costs from labor shortages, a sign that a tightening job market could constrain business activity.
Higher oil prices to spur Farnborough jet orders: IBA
Global planemakers could reap 900 orders and commitments at next week’s Farnborough Airshow, down only slightly from last year’s comparable event, as strong oil prices prompt airlines to add to their bulging order books, aviation consultancy IBA Group …
Citi bolsters Paris hub ahead of Brexit
Citigroup is boosting its operations in France ahead of Brexit with a series of senior appointments, according to an internal memo reviewed by Reuters on Monday.
Nissan finds misconduct in emissions, mileage data in Japan inspections
Nissan Motor said on Monday it had unearthed misconduct related to exhaust emissions and fuel economy measurements for 19 models sold in Japan, the second case in under a year where misconduct has been discovered in its inspection processes.
Global stocks hit two-week high as U.S. jobs report spreads relief
Global shares hit a two-week high on Monday as favorable U.S. jobs data whetted risk appetites, while sterling brushed off the resignation of two ministers over Britain’s departure from the EU, with traders focused on the likelihood of a “soft Brexit”….
Air France KLM’s traffic rises, transport boss touted as new CEO
Air France KLM , hit by strikes and without a CEO since May, reported higher passenger traffic for June on Monday, while a leading French transport executive was touted as its possible new chief executive.
Starbucks’ departing chairman backs China prospects, hints at Jack Ma tie-up
Starbucks Corp’s outgoing Executive Chairman Howard Schultz said on Monday that a recent slowdown in China would be short-lived, seeking to salve investor concerns that the U.S. coffee chain is under pressure in the fast-growing market.
Nissan shares tumble ahead of emissions briefing
Shares in Nissan Motor Co on Monday slumped about 5 percent to their lowest level in more than a year after the automaker said it would hold a briefing regarding its procedures to measure vehicle exhaust gas at its domestic plants.
Renault shares fall on concerns over Nissan’s emissions measures
Shares in French carmaker Renault fell on Monday, dragged down by a drop in the stock price of its partner Nissan after the Japanese firm said it would issue an explanation about its emissions measurement processes.
BOJ keeps upbeat view on regional Japan, Kuroda confident on price outlook
The Bank of Japan maintained its upbeat economic assessment for all nine regions of the country on Monday and its governor voiced confidence that inflation will head toward his 2 percent target, suggesting that monetary policy will be on hold for the t…
