Toyota to Avoid Profits Nightmare Caused by Chip Crisis

Investors are expected to see two scenarios play out among Japanese automakers this week as the country’s largest automakers report financial results. On the one hand, Toyota Motor Corp., which, thanks to its advance supply chain planning, has weathered the pandemic relatively well. On the other hand, everyone, mired in …

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Pharmaceutical company admits to using fake data

Fibrogen used fake data for its anemia pill. In other news, a lot of money is flowing through the drug and medical device industries. Stat: Fibrogen admits fake anemia pill safety data shared with FDA and investors Fibrogen admitted on Tuesday that the company has been touting false heart safety …

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Egyptian banks face additional pressure from coronavirus fallout

Fitch Ratings-London / Dubai: Egyptian banks face deteriorating asset quality and continued pressure on profitability until 2021 amid the economic fallout from the pandemic, Fitch Ratings says in a new report. Capitalization remains a weak credit and liquidity in foreign currency is still vulnerable to external shocks. However, the sector …

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Funko will combine its collectible figures with NFTs

Non-fungible tokens are all about bringing collectibles into the digital realm, and Funko can’t wait to grab that while they can. The company has purchased control of the startup NFT TokenWave with the aim of combining Funko Pop vinyl figures with digital tokens using the Wax platform. Funko plans to …

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The first quarter in bond funds

Above all, the new year brought good news regarding a potential return to normal for economies, which largely left fixed income markets to worsen in the first quarter of 2021. The introduction of the fiscal stimulus package US $ 1.9 trillion US dollar and the ongoing deployment of the coronavirus …

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