Category Archives:
China’s memory upstart YMTC edges closer to rivals with 232-layer chip
(Corrects Reuters Instrument Code in paragraph 10) By Josh Horwitz SHANGHAI (Reuters) -Chinese chipmaker Yangtze Memory Technologies Co Ltd (YMTC) on Wednesday announced new memory chip technology tha...
Aug 04, 2022
Euro zone consumers brace for recession and high inflation – ECB survey
FRANKFURT (Reuters) - Consumers in the euro zone are bracing for the economy to shrink and for high inflation to continue eating into their income in the next year, a European Central Bank survey show...
Aug 04, 2022
German industrial orders slump less than expected
BERLIN (Reuters) - German industrial orders posted a smaller-than-expected month-on-month drop in June, data showed on Thursday. Orders for industrial goods fell by 0.4% on the month in seasonally adj...
Aug 04, 2022
Exclusive-Samsung workers in Vietnam bear brunt of slowdown in global demand for electronics
By Phuong Nguyen THAI NGUYEN, Vietnam (Reuters) - Samsung Electronics Co Ltd has scaled back production at its massive smartphone plant in Vietnam, employees say, as retailers and warehouses grapple w...
Aug 04, 2022
UK’s Mediclinic to be bought by consortium in $4.49 billion deal
(Reuters) - South Africa's Remgro said on Thursday it will buy British hospital chain operator Mediclinic International in a consortium with MSC Mediterranean Shipping for an equity value of about 3.7...
Aug 04, 2022
Rolls-Royce says it is managing inflation and supply chain disruption
LONDON (Reuters) -British aero-engineer Rolls-Royce said on Thursday it was managing rising inflation and supply chain disruption, and an improvement in its squeezed profit margin in the second half w...
Aug 04, 2022
Australia’s “Big Four” banks raise mortgage rates after RBA hike
(Reuters) -Australia's "Big Four" banks raised their home loan variable interest rates on Thursday, after the country's central bank hiked rates earlier this week. Commonwealth Bank of Australia, Aust...
Aug 04, 2022
Glencore to return $4.5 billion to shareholders
(Reuters) - Miner and trader Glencore said on Thursday it would return $4.5 billion to investors, after it reported half-yearly profit that more than doubled. The group's adjusted earnings before inte...
Aug 04, 2022
Voestalpine warns outlook depends on continued gas supplies
BERLIN (Reuters) - Austria's Voestalpine warned on Thursday that it expected a significant cooling of the economy in the second half of its fiscal year and said its earnings guidance depended on Europ...
Aug 04, 2022
Analysis-As inflation bites, Japan’s PM finds unlikely ally in labour unions
By Tetsushi Kajimoto and Leika Kihara TOKYO (Reuters) - As Japan faces its first major battle with inflation in decades, Prime Minister Fumio Kishida is extending a rare olive branch to labour unions,...
Aug 04, 2022
Peoria, IL, USA
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