Category Archives:
Dutch light chips company Smart Photonics gets $110 million in debt funding
AMSTERDAM (Reuters) - Smart Photonics, a Dutch company targeting the market for photonic computer chips, said on Wednesday it has received 100 million euros ($110 million) in debt funding. The money i...
Jul 12, 2023
Analysis-A wasted opportunity? Italy’s EU funds bonanza hits the rocks
By Valentina Za, Giuseppe Fonte and Gavin Jones ROME/MILAN (Reuters) - Italy's hopes of transforming its economy with billions of euros of European Union pandemic recovery funds are unravelling fast, ...
Jul 12, 2023
France’s Thales to acquire Cobham Aerospace Communications for $1.1 billion
(Reuters) - French defence and technology group Thales said on Wednesday it started talks to buy French supplier of airborne avionics systems Cobham Aerospace Communications for $1.1 billion. Thales s...
Jul 12, 2023
China’s state planner praises Tencent, Alibaba as attitude towards tech shifts
BEIJING (Reuters) - China's state planner on Wednesday praised Tencent and Alibaba in a statement detailing a study it had done on platform firms, in the latest sign authorities are warming up to the ...
Jul 12, 2023
Nvidia is in talks to be an anchor investor in Arm IPO – FT
(Reuters) -Chip designer Arm is in talks to bring in Nvidia as an anchor investor as it presses ahead with plans for a New York listing as soon as September, the Financial Times reported on Wednesday....
Jul 12, 2023
Japan households’ inflation expectations rise, keep pressure on BOJ
By Leika Kihara TOKYO (Reuters) - Japanese households' inflation expectations rose in the three months to June, a central bank survey showed on Wednesday, adding to growing signs that conditions for p...
Jul 12, 2023
Factbox-Australia’s central bank outlines new policy procedures
SYDNEY (Reuters) - The Reserve Bank of Australia (RBA) has announced changes to how it formulates and announces interest rate decisions, following an independent review into the bank's operation. Here...
Jul 12, 2023
Exclusive-SoftBank considering U.S. listing for PayPay payments business- sources
By Sam Nussey and Miho Uranaka TOKYO (Reuters) - SoftBank is considering a U.S. listing for its PayPay payments business, three sources familiar with the matter said, in what could mark another Americ...
Jul 12, 2023
Analysis-Yellen raised China’s hopes for tariff cut; U.S. politics will crush them
By David Lawder and Andrea Shalal WASHINGTON (Reuters) - U.S. Treasury Secretary Janet Yellen's trip to China has raised hopes in Beijing that Trump-era tariffs on Chinese imports may be eased as she ...
Jul 12, 2023
Indian online gaming companies’ shares fall on 28% tax blow
BENGALURU (Reuters) -Shares of Indian online gaming firms Nazara Technologies, Onmobile Global, and Delta Corp slid on Wednesday, a day after the government imposed a 28% tax on the funds collected by...
Jul 11, 2023
Peoria, IL, USA
75 °F Sunny
