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Disruptions from twin quakes in southern Japan hit economy
2016-04-18 06:59:05| Automakers - Topix.net
The twin earthquakes that have paralyzed parts of southern Japan are having a ripple effect far beyond the disaster zone, with Toyota Motor Corp. suspending output in other areas due to disruptions in its parts supplies.
Tags: japan
hit
southern
economy
Toyota, other major Japanese firms hit by quake damage, supply disruptions
2016-04-17 16:20:39| Automakers - Topix.net
Toyota Motor Corp , the world's biggest-selling automaker, said on Sunday it would suspend much of its production at plants across Japan this week after earthquakes in the country's south led to a shortage of parts, while some other manufacturers extended stoppages due to damage to factories. The earthquakes on Thursday and Saturday, which killed at least 41 people, reflected the vulnerability of Japanese companies to supply chain disruptions caused by natural disasters, and also highlighted the "just in time" philosophy pioneered by Toyota and followed by many others.
Tags: major
hit
supply
japanese
Premier League revenues hit a new high
2016-04-15 01:05:04| BBC News | Business | UK Edition
Premier League clubs saw their combined revenues hit a new record in 2014-15, but their pre-tax profit fell, says Deloitte.
US banks' profits hit by oil price fall
2016-04-14 15:03:41| BBC News | Business | UK Edition
Bank of America and Wells Fargo both report a fall in first-quarter profits after they put aside more cash to cover bad loans to energy firms.
Bank warns EU vote may hit growth
2016-04-14 13:42:52| BBC News | Business | UK Edition
The Bank of England has warned the EU referendum could hurt growth in the first half of this year as it held interest rates at 0.5%.
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