European Shares Fall; Jackson Hole Concerns Weigh
Wednesday’s more assertive comments by a Federal Reserve member sparked caution on the European stock markets.
Written by: Charlie Brooks
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Sankei reports that Honda is considering detaching its supply chain from China
The Sankei newspaper reported on Wednesday that Honda Motor Co., Ltd. is considering establishing a separate supply chain to lessen its dependence on China.
Written by: Aria Thomas
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Olympus is close to selling a microscope unit for more than $2 billion
Three sources with firsthand knowledge of the matter told Reuters that Japan’s Olympus Corp is close to selling its microscope subsidiary to a private equity firm in a deal that could fetch over $2.2 billion.
Written by: Charlie Brooks
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Chinese Stocks Boosted by a Rate Cut; Asian Stocks Hit by Fed Concerns
Chinese stocks soared as the People’s Bank decreased interest rates for the second week in a row, while broader Asian markets sank owing to Fed policy uncertainties.
Written by: Aria Thomas
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Carrefour will freeze prices on 100 products in an effort to combat inflation
Carrefour (EPA:CARR) is freezing prices on 100 basics, including sardines in tins, rice, and dishwashing detergent. Carrefour joins other corporations in assisting consumers with inflation.
Written by: Aria Thomas
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