
Mining Stocks Help European Stocks Open Higher
European markets inched up on Monday as miners rose on China demand prospects, but caution reigned as a senior Fed official said the U.S. central bank would not “soften” its fight against inflation.
European markets inched up on Monday as miners rose on China demand prospects, but caution reigned as a senior Fed official said the U.S. central bank would not “soften” its fight against inflation.
Lenovo Group (OTC:LNVGY) reported its first revenue loss in 10 quarters owing to COVID-19 lockdowns in China, ending a pandemic-fueled computer sales boom.
Toyota Motor Corp. reported a 30% increase in global production for the September quarter, although semiconductor and other part shortages will continue to slow output.
In a news release, Intel (NASDAQ:INTC) sold 41 million Mobileye shares for $861 million. The chipmaker sold shares at $21, a dollar above the IPO filing’s $18 to $20 range.
WhatsApp users in India, the UK, South Africa, and Asia have experienced issues sending and receiving texts and videos.