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Analysis-India’s growth budget sparks concerns on inflation, tighter rates
By Swati Bhat NEW DELHI (Reuters) - India's growth-focused budget for the upcoming fiscal year, on the back of record market borrowing, has fuelled worries among bond traders who fear the central bank...
Syndicated Content Feb 02, 2022
Chip designer mimicking brain, backed by Sam Altman, gets $25 million funding
By Jane Lanhee Lee (Reuters) - Rain Neuromorphics Inc., a startup designing chips that mimic the way the brain works and aims to serve companies using artificial intelligence (AI) algorithms, said on ...
Syndicated Content Feb 02, 2022
Marketmind: Peak inflation? We can only hope
By Dhara Ranasinghe A look at the day ahead in markets from Dhara Ranasinghe. The European Central Bank's plan to start tiptoeing away from monetary stimulus may be put to the test with Wednesday's fl...
Syndicated Content Feb 02, 2022
UK’s Playtech doubtful of shareholder nod on Aristocrat deal
(Reuters) - British gambling software maker Playtech raised doubts about getting shareholder nod for its takeover by Aristocrat Leisure on Wednesday based on proxy counts, saying it was evaluating oth...
Syndicated Content Feb 02, 2022
UK’s Severn Trent on track to invest 500 million stg to improve river quality
(Reuters) - Severn Trent Plc said on Wednesday it was on track to invest over 500 million pounds ($676.15 million) in a programme to improve the river quality, after Britain's Environment Agency fined...
Syndicated Content Feb 02, 2022
Saudi Aramco buys 7.4% stake in Norwegian software firm Cognite
(Corrects Aker BP instrument code in 1st paragraph) OSLO (Reuters) - Saudi Aramco has bought a 7.4% stake in Norwegian industrial software group Cognite from oil firm Aker BP , Cognite said on Wednesd...
Syndicated Content Feb 02, 2022
Amazon to create 1,500 new apprenticeships in UK in 2022
LONDON (Reuters) - Amazon will create 1,500 new apprenticeships in the United Kingdom in 2022, it said on Wednesday. The internet giant said it was offering 40 entry to degree-level apprenticeship sch...
Syndicated Content Feb 02, 2022
Sweden’s Hexagon reports record profit despite component shortages
STOCKHOLM (Reuters) - Swedish industrial technology group Hexagon beat market expectations on Wednesday with record quarterly earnings on Wednesday as it mitigated the effects of global component shor...
Syndicated Content Feb 02, 2022
Japan’s top lender MUFG posts a 76% rise in 9-month profit
TOKYO (Reuters) - Japan's top lender Mitsubishi UFJ Financial Group Inc on Wednesday posted a net profit of 1.07 trillion yen ($9.33 billion) in the nine months through December, up from 607 billion y...
Syndicated Content Feb 02, 2022
Siltronic reports 17% EBITDA jump, sees good start to 2022
BERLIN (Reuters) - German chip supplier Siltronic reported a 17% rise in fourth-quarter earnings on Wednesday and said it expected semiconductor demand to increase in the mid and long terms. Earnings ...
Syndicated Content Feb 02, 2022
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