Category Archives:
SK Hynix gets China approval for takeover of Intel’s NAND business
SEOUL (Reuters) - South Korea's SK Hynix Inc said on Wednesday it has received merger clearances from the Chinese antitrust authority for its acquisition of Intel Corp's NAND memory chip business, cle...
Dec 22, 2021
Ericsson considering base station production in Russia -report
MOSCOW (Reuters) - Sweden's Ericsson is auditing a site in Russia's exclave region of Kaliningrad that it could use to build telecom base stations, the Kommersant daily reported on Wednesday, citing u...
Dec 22, 2021
Delivery Hero to shrink Foodpanda Germany, sell Foodpanda Japan
BERLIN (Reuters) - German food delivery group Delivery Hero said on Wednesday it would scale down its Foodpanda operations in Germany and sell the subsidiary's Japan unit, citing increased competition...
Dec 22, 2021
China tells celebrities, livestreamers to correct tax-related offences before 2022
(Reuters) - Chinese provincial authorities have ordered celebrities and livestreamers to report tax-related crimes before 2022, just days after China's "queen of livestreaming" Viya was fined 1.34 bil...
Dec 22, 2021
UK economy grew more slowly than thought before Omicron hit
LONDON (Reuters) - Britain's economy grew more slowly than previously thought in the July-September period, before the Omicron variant of the coronavirus posed a further threat to the recovery later i...
Dec 22, 2021
WEF annual meeting will take place in Davos -founder
ZURICH (Reuters) - The World Economic Forum (WEF) will hold its postponed 2022 annual meeting in the Swiss Alpine resort of Davos, WEF founder Klaus Schwab said in a newspaper interview, quashing spec...
Dec 22, 2021
Maersk agrees $3.6 billion deal to buy Hong Kong-based LF Logistics
COPENHAGEN (Reuters) -Container shipping giant A.P. Moller-Maersk has agreed to buy Hong Kong-based LF Logistics for $3.6 billion in an all-cash deal, it said on Wednesday, as it seeks to expand beyon...
Dec 22, 2021
Cathay Pacific to cancel some passenger flights in Jan. amid tougher curbs
(Reuters) - Hong Kong's Cathay Pacific Airways Ltd will cancel some passenger flights in January because of operational and travel curbs at a time when the Asian financial centre has tightened quarant...
Dec 22, 2021
China’s official Xinhua News Agency to issue digital photos as NFTs
SHANGHAI (Reuters) - China's state-owned news agency Xinhua said on Wednesday it will issue the country's first collection of digital journalistic photos via blockchain-based non-fungible tokens (NFTs...
Dec 22, 2021
Analysis-After another torrid year, can emerging markets rediscover their mojo?
By Tommy Wilkes and Karin Strohecker LONDON (Reuters) - The spectre of higher interest rates in the United States, slowing growth in China and a strong dollar have this year hammered emerging markets ...
Dec 22, 2021
Peoria, IL, USA
44 °F Mist
