Tag Archives: technology
Explainer-How Amazon’s battle with Reliance for India retail supremacy became a legal jungle
By Aditya Kalra NEW DELHI (Reuters) - For more than a year, Amazon.com Inc and India's Future Group have been locked in a complex legal stand-off that has stalled Future's $3.4 billion sale of assets ...
Syndicated Content Jan 11, 2022
Power outage affects trading at LME – Bloomberg News
(Reuters) - A power shutdown at a third-party data centre has caused connectivity issues at London Metal Exchange (LME), impacting metals trading, Bloomberg News reported on Tuesday. Trading, which wa...
Syndicated Content Jan 11, 2022
Apple plans to allow alternative payment systems in South Korea – regulator
SEOUL (Reuters) - South Korea's telecommunications regulator on Tuesday said Apple Inc has submitted plans to allow third-party payment systems on its app store, to comply with a new law banning major...
Syndicated Content Jan 10, 2022
Japan toaster startup smartphone foray craters stock price
By Sam Nussey TOKYO (Reuters) - A foray into smartphones by Japan's Balmuda Inc, best known for its high-end toasters, has cratered its stock price with the firm announcing this week it has halted sal...
Syndicated Content Jan 10, 2022
French fintech Qonto nears $5 billion valuation after new fundraising
By Mathieu Rosemain PARIS (Reuters) - Qonto, a French online bank for small and medium-sized companies (SMEs), said on Tuesday it had raised 486 million euros, bringing its valuation to 4.4 billion eu...
Syndicated Content Jan 10, 2022
Japan urges more chip tie-ups with Taiwan at trade talks
By Sarah Wu TAIPEI (Reuters) - Japan called for greater collaboration with Taiwan on semiconductors at a bilateral economic and trade meeting on Tuesday. Japan-Taiwan Exchange Association Chairman Mit...
Syndicated Content Jan 10, 2022
Volkswagen says it sold 70,625 ID electric cars in China in 2021
BEIJING (Reuters) - Volkswagen AG sold 70,625 of its ID battery electric vehicles in China last year, the company said on Tuesday in material distributed to media before a briefing. (Reporting by Nori...
Syndicated Content Jan 10, 2022
LG Chem to invest $419 million by 2025 in cathode material plant for batteries
SEOUL (Reuters) - South Korea's LG Chem Ltd said on Tuesday it plans to invest about 500 billion won ($418.52 million) by 2025 to build a cathode material production plant for batteries in Gumi, South...
Syndicated Content Jan 10, 2022
Intel deletes reference to Xinjiang after backlash in China
BEIJING (Reuters) - U.S. chipmaker Intel has deleted references to Xinjiang from an annual letter to suppliers after the company faced a backlash in China for asking suppliers to avoid the sanctions-h...
Syndicated Content Jan 10, 2022
Vista Equity invests $300 million in telehealth software firm TigerConnect- sources
By Krystal Hu (Reuters) - Healthcare communications software provider TigerConnect has raised $300 million in growth investment from private equity firm Vista Equity Partners, sources familiar with th...
Syndicated Content Jan 10, 2022

