German speciality chemicals maker Lanxess (LXSG.DE)on Thursday toned down its full-year profit expectations and warned that already elevated energy and freight costs could go even […]
Bird CEO eyes further e-scooter expansion after going public
Electric scooter rental company Bird Rides plans to use most of the cash raised from merging with a special purpose acquisition company (SPAC) to expand […]
Beijing may tighten management of home purchase funds
Beijing may tighten the management of home purchase payments held in escrow accounts to ensure the funds are used for property projects only, according to […]
Toyota boosts profit outlook on weaker yen, but warns of production risks
Japan’s Toyota Motor Corp (7203.T) raised its profit outlook on Thursday helped by favourable currency rates but warned that the global semiconductor shortage still posed […]
UK’s NatWest to tighten coal sector lending in gradual phase out
Britain’s NatWest (NWG.L) will not lend to any new customers operating coal-fired power plants or to existing clients planning to increase their capacity, in a […]
GameStop gets new $500 mln asset-based credit facility
GameStop Corp (GME.N) said on Thursday it entered into an agreement with a syndicate of banks for a new $500 million global asset-based credit facility […]
Ford to retire $5 billion in high-interest debt, issue green bonds
Ford Motor Co (F.N) said it plans to retire up to $5 billion in high-interest debt and tap into the fast-growing market for “green” bonds […]