Tag Archives: technology
Fidelity rolls out suite of new ETFs, slashes fees
By Suzanne McGee (Reuters) - Fidelity launched a group of six new exchange-traded funds (ETFs) Monday and announced sharp reductions on management fees on nearly a third of its total ETF lineup, kicki...
Nov 13, 2023
ICBC paid ransom after hack that disrupted markets, cybercriminals say
By James Pearson LONDON (Reuters) -China's biggest lender, the Industrial and Commercial Bank of China, has paid a ransom to cybercriminals who hacked ICBC last week, a representative of the Lockbit r...
Nov 13, 2023
Intesa Sanpaolo gives clients more time to opt out of digital shift
ROME (Reuters) - Italy's biggest bank Intesa Sanpaolo reopened the deadline for thousands of its customers to opt out of switching to its digital lender Isybank, a document showed, following protests ...
Nov 13, 2023
JP Morgan ESG head Umunna calls for new green tech funding model
LONDON (Reuters) -Start-up firms in the green technology industry are missing out on capital and need a new funding model, a senior JP Morgan banker said at a Reuters event in London on Monday. "We ne...
Nov 13, 2023
Biden administration aims to free up more wireless spectrum
WASHINGTON (Reuters) - The White House said Monday it is issuing a new strategy and presidential memorandum that aims to free up additional wireless spectrum for advanced technology needs and soaring ...
Nov 13, 2023
Analysis-Electric car demand set to stall in Europe’s ‘valley of death’
By Victoria Waldersee and Nick Carey BERLIN/LONDON (Reuters) - After years of accelerating growth, Europe's electric car sales appear to be entering a go-slow zone as drivers wait for better, cheaper ...
Nov 13, 2023
Israel’s Tower Semiconductor forecasts quarterly revenue decline, shares fall
(Reuters) - Israeli firm Tower Semiconductor forecast a decline in quarterly revenue on Monday as chip firms faced with a supply glut continue to correct inventory. U.S.-listed shares of the contract ...
Nov 13, 2023
Not clear Big Tech need pay for 5G, broadband rollout, Belgian regulator says
By Marine Strauss Brussels - There is no clear need to make technological giants help to pay for 5G and broadband rollout, Belgium's telecoms regulator IBPT-BIPT said on Monday. Europe's telecoms oper...
Nov 13, 2023
Google-parent Alphabet dissolves stake in trading app Robinhood
(Reuters) -Google-parent Alphabet said on Monday it had dissolved its stake in trading app operator Robinhood Markets. The disclosure comes months after Alphabet slashed its stake in the company by ne...
Nov 13, 2023
TikTok in talks with Indonesian e-commerce firms about partnerships -minister
By Stanley Widianto and Ananda Teresia JAKARTA (Reuters) - TikTok has been holding talks with Indonesian e-commerce companies about possible partnerships, an Indonesian minister said on Monday, a mont...
Nov 13, 2023
