Tag Archives: technology
China’s SMIC lifts annual capex forecast, sees lower Q4 gross margin
(Reuters) -Semiconductor Manufacturing International Corp on Thursday lifted its annual capital expenditure forecast to around $7.5 billion and said it expects lower fourth-quarter gross margins. The ...
Nov 09, 2023
Google, Meta win court fight against Austrian online content rule
By Foo Yun Chee LUXEMBOURG (Reuters) - Alphabet's Google, Meta Platforms and TikTok on Thursday won backing from Europe's top court in their fight against an Austrian law requiring them to delete hate...
Nov 09, 2023
LME appoints new technology manager to strengthen expertise for flagship project
LONDON (Reuters) - The London Metal Exchange (LME), which faces lengthy delays to its trading technology revamp, said on Thursday that it had appointed a chief information officer at NatWest Markets, ...
Nov 09, 2023
Exclusive-Geely’s Zeekr edges closer to US IPO, to make filing public this week – sources
SHANGHAI (Reuters) -Zeekr, Chinese automaker Geely's premium electric car brand, will this week publicly release some details of its plans to list shares in New York, according to two sources with dir...
Nov 09, 2023
India’s Wipro likely to skip pay hikes for top performers in key business line – memo
By Sai Ishwarbharath B and Haripriya Suresh BENGALURU (Reuters) - Wipro may skip giving hikes to "top performers with higher compensation" in its largest business line in the upcoming round of salary ...
Nov 09, 2023
Setback for Apple as EU court adviser backs EU’s $14 billion tax order
By Foo Yun Chee and Bart H. Meijer LUXEMBOURG (Reuters) - A lower tribunal which sided with Apple in its challenge against a 13-billion-euro ($14 billion) EU tax order made a series of legal errors an...
Nov 09, 2023
Website creator Wix.com Q3 profit tops estimates
JERUSALEM (Reuters) - Wix.com, which helps small businesses build and operate websites. reported a higher-than-expected rise in quarterly net profit, and said on Thursday it would be profitable in 202...
Nov 09, 2023
Nissan more than doubles Q2 operating profit, beating estimates
TOKYO (Reuters) - Japan's Nissan Motor on Thursday more than doubled its operating profit in the July-September quarter, beating analysts' estimates. The company reported a 127% rise in July-September...
Nov 09, 2023
China smartphone market perks up as sales of new Xiaomi model off to roaring start
By Yelin Mo and Brenda Goh BEIJING (Reuters) - Xiaomi's sales of more than 1 million units of its latest flagship smartphone in the week since its launch are a fresh sign that a slump in China's phone...
Nov 09, 2023
Italy’s Nexi confirms guidance after earnings meet forecasts
MILAN (Reuters) - Italy's Nexi on Thursday confirmed its 2023 guidance after meeting forecasts with quarterly revenue and core profit though slower summer activity this year compared with 2022 curbed ...
Nov 09, 2023
