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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
IKEA stores owner Ingka says campaigns help boost store visits and sales
By Anna Ringstrom and Marie Mannes STOCKHOLM (Reuters) - Price cuts at IKEA as well as promotional campaigns which the budget furniture giant normally doesn't do have boosted footfall and sales, the C...
Syndicated Content Feb 13, 2023
Moscow’s decades-old gas ties with Europe lie in ruins
By Vladimir Soldatkin NOVY URENGOY, Russia (Reuters) - Meticulously crafted over decades as a major revenue stream for the Kremlin, Moscow's gas trade with Europe is unlikely to recover from the ravag...
Syndicated Content Feb 13, 2023
Nokia, Kyndryl extend partnership for private 5G factory networks
STOCKHOLM (Reuters) - Nokia and Kyndryl have extended their partnership for three years after clocking up more than 100 customers for automating factories using 5G wireless networks, following their f...
Syndicated Content Feb 13, 2023
Modi’s party has ‘nothing to hide’ on India’s Adani group – minister
MUMBAI (Reuters) - Indian Prime Minister Narendra Modi's party has "nothing to hide or be afraid of" on the controversy over Adani group, the home minister said on Tuesday, responding to opposition al...
Syndicated Content Feb 13, 2023
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