Tag Archives: technology
WeTransfer company cancels IPO citing market volatility
AMSTERDAM (Reuters) - The company that owns the WeTransfer file service on Thursday said it was cancelling its initial public offering (IPO) on Amsterdam Euronext, citing volatile market conditions. W...
Syndicated Content Jan 27, 2022
AO World reviews German business amid rising costs, increased competition
(Reuters) - British electricals retailer AO World said on Thursday it has launched a review of its German business due to increased competition and rising costs, while online activity returns to pre-p...
Syndicated Content Jan 27, 2022
IG Group reports slower rise in interim profit as market volatility eases
(Reuters) - Online trading platform IG Group on Thursday reported a slower growth in half-yearly profit and said it added fewer new active clients than in the previous year, as market volatility spurr...
Syndicated Content Jan 27, 2022
Stellantis to raise stake in China JV with GAC to 75%
MILAN (Reuters) - Carmaker Stellantis plans to increase its stake in its joint venture with Guangzhou Automobile Group (GAC) in China to 75% from 50% to set new grounds for business in the Asian marke...
Syndicated Content Jan 27, 2022
Taiwan battery maker ProLogium signs investment deal with Mercedes-Benz
SHANGHAI (Reuters) - Taiwanese battery maker ProLogium Technology Co on Thursday said it has signed a cooperation agreement with Daimler AG's Mercedes-Benz to build test vehicles equipped with co-deve...
Syndicated Content Jan 27, 2022
Facebook’s cryptocurrency venture to wind down and sell tech assets – WSJ
(Reuters) - Meta Platforms Inc's digital currency venture Diem Association is winding down and selling its technology to California-based Silvergate Capital Corp for about $200 million, the Wall Stree...
Syndicated Content Jan 27, 2022
STMicro to double annual investments to meet high chip demand
By Mathieu Rosemain PARIS (Reuters) -French-Italian chipmaker STMicroelectronics said on Thursday it planned to double its investments in 2022 from a year ago to up to $3.6 billion, buoyed by high dem...
Syndicated Content Jan 27, 2022
Software group SAP to buy majority stake in U.S. fintech firm Taulia
By Supantha Mukherjee STOCKHOLM (Reuters) - SAP said on Thursday it has agreed to buy a majority stake in privately held U.S. fintech firm Taulia as the German business software group seeks to expand ...
Syndicated Content Jan 27, 2022
China to ‘perfect’ legal rules against unfair competition
BEIJING (Reuters) - China will pick up the pace in "perfecting" legal rules against unfair competition among companies, an official of the top market watchdog said on Thursday. Appropriate "traffic li...
Syndicated Content Jan 26, 2022
Apple to let iPhones accept credit cards without extra hardware – Bloomberg News
(Reuters) - Apple Inc is planning a new service that will allow small businesses to accept payments directly on their iPhones without any extra hardware, Bloomberg News reported on Wednesday, citing p...
Syndicated Content Jan 26, 2022

