Tag Archives: technology
Huawei 2021 profit leaps 76% on asset sales; CFO Meng returns to spotlight
By Josh Horwitz SHANGHAI (Reuters) - Huawei Technologies on Monday reported asset sale gains helped lift profit 76% in 2021, turning in its first set of results under Chief Financial Officer Meng Wanz...
Syndicated Content Mar 28, 2022
Exclusive-Sea’s e-commerce arm Shopee to shut down India operations -statement
By Fanny Potkin SINGAPORE (Reuters) - Shopee, the e-commerce arm of Southeast Asia's Sea Ltd, said in a statement on Monday that it is closing down its India operations "in view of global market uncer...
Syndicated Content Mar 28, 2022
Former aircraft designer Shimada may find silver lining in Toshiba gloom
By Makiko Yamazaki TOKYO (Reuters) - The crisis at Toshiba Corp may have a silver lining for new boss Taro Shimada, allowing him to keep - at least for now - businesses pivotal to his digital strategy...
Syndicated Content Mar 28, 2022
Ericsson shareholder Cevian to vote against board members at AGM
STOCKHOLM (Reuters) - Activist investor Cevian Capital, one of Ericsson's largest shareholders, said on Monday it will vote against granting discharge to the company's board members, as well as its pr...
Syndicated Content Mar 28, 2022
SK Hynix CEO says top shareholder to secure $1.6 billion for M&A in chips, blockchain
SEOUL (Reuters) - The CEO of South Korean chipmaker SK Hynix said on Monday that its largest shareholder, SK Square, is considering merger and acquisition deals involving chip companies. "We are consi...
Syndicated Content Mar 28, 2022
S.Africa’s Telkom says it can fund $144 million cost for spectrum
JOHANNESBURG (Reuters) - Telkom said on Monday it had enough room on its balance sheet to pay 2.1 billion rand ($143.73 million) for bands of radio frequency spectrum it bought in a recent auction, de...
Syndicated Content Mar 28, 2022
Apple to cut iPhone, AirPods output – Nikkei
(Reuters) - Apple Inc is planning to cut the output of its iPhone SE and AirPods devices, the Nikkei reported on Monday, citing sources. The company plans to make about 20% fewer iPhone SEs next quart...
Syndicated Content Mar 28, 2022
Japan to revise foreign exchange law to end crypto loophole for sanctions on Russia
By Kantaro Komiya TOKYO (Reuters) - Japan will revise its foreign exchange law to prevent Russia from evading Western financial sanctions following Moscow's invasion of Ukraine through cryptocurrency ...
Syndicated Content Mar 28, 2022
Apple TV+ makes history as first streamer to win best picture Oscar
By Dawn Chmielewski (Reuters - Apple TV+ made history on Sunday as the first streaming service to win a best picture Oscar for "CODA," a heartwarming drama about the daughter of deaf parents who pursu...
Syndicated Content Mar 28, 2022
Evergrande electric vehicle arm to start taking car orders ‘imminently’
HONG KONG (Reuters) - China Evergrande New Energy Vehicle Group said it will start accepting orders for its inaugural electric car, the Hengchi 5 sport utility vehicle, "imminently" and open sales cen...
Syndicated Content Mar 27, 2022

