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Bosch to invest 3 billion euros in chip production
BERLIN (Reuters) - Bosch will invest 3 billion euros ($3.01 billion) in chip production by 2026, including on opening two new development centres and expanding a wafer factory in Dresden, the company ...
Syndicated Content Jul 13, 2022
Exclusive: Tesla supplier Panasonic eyes 20% jump in battery density by 2030
By Norihiko Shirouzu (Reuters) - Panasonic Energy Co, a major Tesla supplier, is working on new technology to increase battery energy density by a fifth by 2030, the Japanese company's chief technolog...
Syndicated Content Jul 13, 2022
Chad creditors expected to agree phased ‘contingent’ debt relief plan
By Andrea Shalal TOKYO (Reuters) - Chad's official creditors are expected to agree on Wednesday a debt restructuring strategy that includes contingencies based on oil prices and participation of priva...
Syndicated Content Jul 13, 2022
CVC denies new proposal for TIM’s enterprise arm
MILAN (Reuters) - CVC Capital Partners denied on Wednesday a report it had submitted a new proposal to Telecom Italia (TIM) offering around 7 billion euros for the company's enterprise service arm. "T...
Syndicated Content Jul 13, 2022
Tokyo court orders ex-Tepco execs to pay $95 billion damages over Fukushima disaster -NHK
TOKYO (Reuters) - The Tokyo district court on Wednesday ordered four former executives of Tokyo Electric Power Company (Tepco) to pay 13 trillion yen ($95 billion) in damages to the operator of the wr...
Syndicated Content Jul 13, 2022
SAS and pilot unions set to resume talks as strike enters 10th day
STOCKHOLM (Reuters) - Scandinavian airline SAS and unions representing pilots on strike will resume talks at 0800 GMT on Wednesday in the Swedish capital, mediator Jan Sjolin said. Pilots employed at ...
Syndicated Content Jul 13, 2022
Pictet Wealth Management returns to Chinese stocks after 18-month hiatus
By Xie Yu HONG KONG (Reuters) - The wealth management arm of Swiss bank Pictet Group is buying Chinese equities again more than 18 months after it shunned the asset class, joining other foreign invest...
Syndicated Content Jul 13, 2022
China’s exports pick up speed in June as economy bounces from COVID shock
BEIJING (Reuters) - China's exports grew at their fastest pace in five months in June, exceeding analysts' expectations and adding to evidence that the world's second-biggest economy is slowly recover...
Syndicated Content Jul 13, 2022
Marketmind: We are not there yet
A look at the day ahead in markets from Sujata Rao. If market concerns have moved on from inflation to economic recession, there is no sign central banks are listening. Bank of England governor Andrew...
Syndicated Content Jul 13, 2022
French power group EDF requests its shares be suspended
PARIS (Reuters) -Power group EDF, which the French government wants to nationalise, said it was asking for trading in its shares to be suspended. "Following the Prime Minister's announcements, and fol...
Syndicated Content Jul 13, 2022
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