Category Archives:
Ericsson profit beats expectations on 5G demand despite China setback
STOCKHOLM (Reuters) - Sweden's Ericsson reported third-quarter core earnings above market estimates on Tuesday, as strong sales of 5G equipment in most of the world offset a loss of market share in ma...
Oct 19, 2021
Britain’s fossil fuel dilemma in the spotlight as climate talks near
By Shadia Nasralla LONDON (Reuters) - Britain faces a fossil fuel dilemma: it can burnish its green credentials by halting new oil and gas development in the North Sea, yet doing so will leave it more...
Oct 19, 2021
Logistics giant GLP raises $2.7 billion for Japan real estate fund
TOKYO (Reuters) - Asia's biggest warehouse operator, GLP, said on Tuesday it raised 311 billion yen ($2.73 billion) for its largest Japan-focused private real estate fund amid a global boom in the log...
Oct 19, 2021
Spotify to hire hundreds to drive ad sales in Europe, Australia, Canada
By Supantha Mukherjee STOCKHOLM (Reuters) - Spotify is planning to hire hundreds of staff to boost its advertising sales in Europe and elsewhere, as the music streaming service looks to increase reven...
Oct 19, 2021
‘Eternals’ movie, boasting a diverse cast and Marvel’s first deaf role, premieres
By Rollo Ross LOS ANGELES (Reuters) - Actors Angelina Jolie and Salma Hayek brought Hollywood glamor to the world premiere of Marvel Studios' latest comic book adapation, "Eternals", on Monday. Direct...
Oct 18, 2021
Megahit “Squid Game” puts focus squarely on Netflix’s overseas growth
By Eva Mathews (Reuters) - The success of the South Korean dystopian drama series "Squid Game" has led investors to bet on Netflix Inc's plans to explore more international content to boost slowing su...
Oct 18, 2021
Xiaomi to mass produce its own cars in H1 2024 -executive
SHANGHAI (Reuters) - Chinese smartphone maker Xiaomi Corp will mass produce its own cars in the first half of 2024, a senior company executive wrote on Tuesday on social media site Weibo. (Reporting b...
Oct 18, 2021
Chinese property bonds firm after Kaisa and Sunac make coupon payments
HONG KONG (Reuters) - Chinese property bonds remained firm on Tuesday after two major developers made coupon payments, though the market remained focused on the potential for default by China Evergran...
Oct 18, 2021
Samsung SDI, Stellantis to set up EV battery JV -Yonhap
SEOUL (Reuters) - Battery maker Samsung SDI Co Ltd and automaker Stellantis NV have signed a memorandum of understanding to establish an electric vehicle (EV) battery joint venture, South Korea's Yonh...
Oct 18, 2021
Alibaba unveils custom ARM-based server chip for cloud computing division
SHANGHAI (Reuters) - Chinese tech giant Alibaba Group Holding Ltd on Tuesday unveiled an ARM-based processor developed by its T-Head semiconductor division, to be used in its cloud computing division....
Oct 18, 2021
Peoria, IL, USA
42 °F Mist
