Tag Archives: technology
Australia’s Aristocrat Leisure makes $2.9 billion bet on online gambling provider Playtech
(Reuters) -Australia's Aristocrat Leisure said on Monday it would buy London-listed gaming software supplier Playtech for 2.1 billion pounds ($2.89 billion), offering new growth areas for the gambling...
Oct 18, 2021
Russian IT firm Softline sets IPO price range, valued up to $1.93 billion
MOSCOW (Reuters) - Russian IT company Softline said on Monday the indicative price range for its initial public offering has been set at between $7.50 and $10.50 per global depositary receipt (GDR), v...
Oct 18, 2021
Siemens prepares separation of large drive business
BERLIN (Reuters) -Siemens is preparing a separation of its large drive applications (LDA) business, the German engineering and technology company said on Monday, confirming media reports. The separati...
Oct 18, 2021
THG’s Moulding gives up ‘golden share’ after shares plummet
LONDON (Reuters) - The Hut Group, a rapidly growing British online retailer and tech group that is backed by SoftBank, said on Monday it would remove its founder's "golden share" and seek a premium li...
Oct 18, 2021
Ford to invest around $300 million to build electric car parts at UK plant
LONDON (Reuters) - Ford said on Monday it would invest up to 230 million pounds ($316 million) to build electric car components at its Halewood factory in northern England. The plant will produce arou...
Oct 18, 2021
Umicore lowers 2021 profit forecast on chip shortage woes
(Reuters) - Belgian materials technology and recycling group Umicore revised downwards on Monday its adjusted core operating profit outlook, hurt by a stronger-than-expected impact of the global semic...
Oct 18, 2021
Philips lowers outlook as recall, parts shortages bite
AMSTERDAM (Reuters) - Dutch health technology company Philips on Monday lowered its outlook for sales and profit growth in 2021, as a massive recall of respiratory devices and global shortage of elect...
Oct 18, 2021
Taiwan’s Foxconn shows off three electric vehicle prototypes
By Yimou Lee TAIPEI (Reuters) - Taiwan tech giant Foxconn unveiled its first three electric vehicle prototypes on Monday, underscoring ambitious plans to diversify away from its role of building consu...
Oct 18, 2021
Stellantis, LG Energy to form battery-production JV
(Reuters) - Automaker Stellantis NV and LG Energy Solution said on Monday they have entered an agreement to form a joint venture to produce battery cells and modules for North America. The plant is ta...
Oct 17, 2021
Electric vehicle battery startup ONE backed by BMW, Gates-led firm
By Paul Lienert (Reuters) - Michigan-based Our Next Energy, which is developing an advanced battery for electric vehicles, has raised $25 million from investors ranging from German automaker BMW to a ...
Oct 17, 2021
