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Japan's Honda sees declining profits on semiconductor crunch

TOKYO (AP) — Honda’s fiscal first quarter profit fell 33% from last year as a global computer chip shortage, a pandemic-related lockdown in China and the rising costs of raw materials hurt the Japanes...

Toyota profit down as chips shortage keeps customers waiting

TOKYO (AP) — Toyota’s profit fell nearly 18% in the April-June quarter from the year before, as a semiconductor shortage that has slammed the auto industry dented production at Japan’s top automaker. ...

British Airways pauses short-haul flight sales from Heathrow

LONDON (AP) — British Airways said Tuesday that it's suspending sales of short-haul flights from London's Heathrow Airport, a response to the airport's request to limit bookings to help ease travel di...

BP earnings soar as energy firm profits from rising prices

LONDON (AP) — BP said its earnings from April to June almost tripled from a year earlier, increasing pressure on governments to intervene as energy companies profit from high oil and natural gas price...

Caterpillar post strong Q2 profit as it raises prices

DEERFIELD, Ill. (AP) — Caterpillar had a strong second quarter and topped most profit expectations with higher prices for machinery offsetting rising costs. The manufacturer on Tues...

American Airlines earns $476 million on record revenue in 2Q

DALLAS (AP) — American Airlines earned $476 million in the second quarter on record revenue from summer travelers and said Thursday that it expects to remain profitable in the third quarter. ...

Business Highlights: High diesel prices, Tesla profits

___ Sky-high diesel prices squeeze truckers, farmers, consumers NEW YORK (AP) — High diesel prices are driving up the cost of everything, from groceries to Amazon o...

Wall Street closes sharply higher on strong corporate earnings

U.S. stocks closed with sharp gains on Tuesday as more companies joined big banks in reporting earnings that beat forecasts, offering respite to investors worried about higher inflation and a tighteni...

Chipmaker TSMC's shares jump after quarterly profit beats estimates

TAIPEI, July 15 (Reuters) - Shares in Taiwanese chip firm TSMC (2330.TW), rose more than 1% on Friday morning, the day after announcing a forecast-beating second quarter profit and saying it was "...

Shares slide as sentiment ebbs on rate fears, yields rise

NEW YORK, June 8 (Reuters) - U.S. and European stocks slid on Wednesday as the outlook for rate hikes sullied sentiment, while bond yields rose after euro-zone gross domestic product beat expectations...

Saudi oil giant Aramco's first-quarter profits surge 80%

DUBAI, United Arab Emirates (AP) — Oil giant Saudi Aramco said Sunday its profits soared more than 80% in the first three months of the year, as the state-backed company cashes in on the volatility in...

Toyota's quarterly profit down on COVID parts crunch

TOKYO (AP) — Toyota's profit declined 31% in the January-March quarter from the year before, but the Japanese automaker still wrapped up a year of record earnings. Toyota Motor Corp...

Shell reports record 1st-quarter earnings as oil prices soar

LONDON (AP) — Energy giant Shell reported record first-quarter earnings after a surge in oil prices, fueling calls for the British government to impose a tax on energy companies’ windfall earnings to ...

Business Highlights: Employers post record job openings

___ Slovakia, Hungary won’t back EU sanctions on Russian energy BUDAPEST, Hungary (AP) — Slovakia and Hungary say they won’t support sanctions against Russian energ...

BP, Clorox rise; Chegg, Expedia fall

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Tuesday: Devon Energy Corp., up $5.93 to $64.28. The oil and gas exploration company re...