Tuesday, August 31, 2021

Semiconductor shortage hurting production, may impact August-September automobile wholesales: Report

Semiconductor shortage hurting production, may impact August-September automobile wholesales: Report In August, the registration of passenger vehicles and tractors saw a 41-44 per cent uptick over the same period of 2019, and truck registrations are also improving despite a 15 per cent decline in the months over August 2019, financial services firm Jefferies said in its report.

from Moneycontrol Business News https://ift.tt/3kDAyQd

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Global Market Today: Asian stocks hit record highs, oil heads for weekly loss

Asian stocks reached a record high, fueled by optimism that the reopening of the Strait of Hormuz will normalize oil flows and ease inflatio...