TOKYO (Reuters) -Japan reported a wider-than-expected trade deficit in February as an energy-driven surge in import costs caused by massive supply constraints added to vulnerabilities for the world’s third-largest economy.Containers are seen at an industrial port in Yokohama, Japan, January 16, 2017. REUTERS/Kim Kyung-HoonExports rose slightly less than expected despite a rebound in China-bound shipments, in a worrying sign for […]

Hospitality veteran Luke Dallow has quit the industry, saying it is now “too hard” to run a profitable business and the industry is still at least 18 months away from any recovery. Dallow, who has owned various restaurants and bars over the past 30 years, has sold his Auckland beer garden Midnight Gardener for next to nothing; “basically stock”. The […]

The aggravated assault rate in the United States is at its highest level since 2007. According to the FBI, about 921,500 cases of violent assault were reported in 2020 nationwide, a 12% spike from the previous year. The FBI defines aggravated assault as an unlawful physical attack with the purpose of causing severe injury or harm. Aggravated assaults are often […]

The auto index has borne the brunt of the market decline, becoming the biggest loser among sectoral indices over the last month. It was also among the top losers (down over 4 per cent) on Monday, wherein stocks of most automobile makers declined between 4 per cent and 6.5 per cent. The BSE Auto index has declined around 16 per […]

Bankers said India should be extremely cautious before opening up trade with Russia amid sanctions as it should not be seen as funding Russian invasion of Ukraine. Manojit Saha reports. As stringent sanctions imposed by the European Union and US are crippling business and trade, desperate Russian oil companies are offering huge discounts to India, provided a payment mechanism to […]

New York (CNN Business)Surging oil and gas prices have raised recession alarm bells around the world. But another economic indicator is starting to look ominous: The yield curve is flattening. Wall Street closely watches the difference, or spread, between short-term government bond yields, most notably the 2-year Treasury, and longer-term bond rates like the 10-year Treasury. As that spread diminishes, […]

EXCLUSIVE: Shout! Factory has promoted longtime senior executive Melissa Boag to Executive Vice President of Kids & Family Entertainment In her new role, Boag will continue to work closely with co-founder and CEO Garson Foos in overall leadership across the company and big picture strategy in support of Shout’s long-term growth. She will also continue to expand her role in the […]