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Apple faces obstacles in move to boost India manufacturing – FT
(Reuters) - Apple Inc is facing challenges as it tries to increase production in India, the Financial Times reported on Tuesday, citing people familiar with the iPhone maker's operations. The Cupertin...
Syndicated Content Feb 14, 2023
Australia’s iron ore giants face earnings, dividend plunge
By Himanshi Akhand and Melanie Burton BENGALURU/MELBOURNE (Reuters) - Australia's iron ore giants BHP Group, Rio Tinto and Fortescue are set to report a steep drop in their earnings, which is set to c...
Syndicated Content Feb 14, 2023
TUI sees strong summer bookings as travel recovery gains momentum
By Joanna Plucinska LONDON (Reuters) -Holiday group TUI said on Tuesday it was seeing a positive travel recovery trend for the upcoming summer season as holidaymakers make plans to enjoy their breaks ...
Syndicated Content Feb 14, 2023
Thyssenkrupp’s Q1 operating profit down 33% on lower steel prices
FRANKFURT (Reuters) - German warship-to-car parts conglomerate Thyssenkrupp on Tuesday said its operating profit fell by 33% in the first quarter, blaming lower prices for materials, including steel, ...
Syndicated Content Feb 14, 2023
Toshiba cuts full-year profit estimate, COO resigns
TOKYO (Reuters) - Japan's Toshiba Corp on Tuesday reported an 87.5% drop in third-quarter operating profit and cut its full-year earnings estimate for a second time. It also said Chief Operating Offic...
Syndicated Content Feb 14, 2023
Cryptoverse: Punk apes and a resurrection of NFTs
By Medha Singh (Reuters) - It's alive! The NFT market is twitching out of its torpor, defying reports of its demise. Total NFT sales on the ethereum blockchain - which hosts most trading - jumped to $...
Syndicated Content Feb 14, 2023
Exclusive: After multi-billion U.S. fund collapse, Germany’s Allianz eschews risk for safe bonds
By Tom Sims and John O'Donnell FRANKFURT (Reuters) - For years, Allianz, one of the world's biggest investors, piled billions into property, wind farms and even London's sewage system, but now it is m...
Syndicated Content Feb 14, 2023
Exclusive-Chinese chip designer Unisoc seeks to raise $1.5 billion in private funding -sources
By Kane Wu, Josh Horwitz and Roxanne Liu HONG KONG/SHANGHAI (Reuters) - Chinese chip design company Unisoc (Shanghai) Technologies Co is seeking to raise 10 billion yuan ($1.5 billion) in a new fundin...
Syndicated Content Feb 14, 2023
Marketmind: Don’t break my heart
A look at the day ahead in European and global markets from Anshuman Daga Today's inflation numbers from the world's biggest economy on Valentine's Day will be one of the most important economic data ...
Syndicated Content Feb 13, 2023
Vietnam exporters fret over potential trade fallout of U.S. rules on Xinjiang
By Francesco Guarascio HANOI (Reuters) - Concerned Vietnam-based exporters are seeking to ensure they comply with a U.S. ban on imported products using raw materials from China's Xinjiang as lucrative...
Syndicated Content Feb 13, 2023
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