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Beijing takes ‘golden share’ in a Tencent subsidiary, records show
By Josh Ye HONG KONG (Reuters) - The Chinese government has taken a "golden share" in a domestic subsidiary of tech giant Tencent Holdings, a company registration database showed, the latest sign of C...
Syndicated Content Oct 19, 2023
Google to start manufacturing smartphones in India with Pixel 8
NEW DELHI (Reuters) - Alphabet Inc intends to start manufacturing in India and will partner with international and domestic manufacturers to produce Pixel smartphones locally, starting with Pixel 8, a...
Syndicated Content Oct 19, 2023
VinFast expects sales to founder’s taxi venture to extend into 2024
By Phuong Nguyen HANOI (Reuters) - VinFast expects electric car and scooter sales to an affiliated ride service owned by its founder to continue into 2024 and has not extended any financing or special...
Syndicated Content Oct 19, 2023
ECB’s Nagel: possible to pay with digital euro in roughly 5 years
BERLIN (Reuters) - European Central Bank policymaker Joachim Nagel said on Thursday that he assumes it will be possible to pay with the digital euro in roughly five years. The president of Germany's B...
Syndicated Content Oct 19, 2023
Music investor Hipgnosis to undertake strategic review of group
(Reuters) - Music investor Hipgnosis Songs Fund said on Thursday it would start a strategic review to "consider and to identify changes that will focus on recovering and delivering improved shareholde...
Syndicated Content Oct 19, 2023
China expected to leave benchmark loan rates unchanged at monthly fix: Reuters poll
SHANGHAI (Reuters) - The People's Bank of China (PBOC) is widely expected to leave loan prime rates (LPR) unchanged at a monthly fixing on Friday, a Reuters survey showed, with a weak yuan constrainin...
Syndicated Content Oct 19, 2023
Nestle says it has ‘temporarily shut down’ a production plant in Israel
By Richa Naidu LONDON (Reuters) - Nestle said it has "temporarily shut down" of one of its production plants in Israel as a "precaution", becoming the first consumer products giant to announce a respo...
Syndicated Content Oct 19, 2023
Analysis-Russia’s optimistic fiscal plans risk budget revenue shortfall
By Darya Korsunskaya and Alexander Marrow (Reuters) - Russia could miss its 2024 revenue target and be forced to hike business taxes if the rouble proves stronger than expected in the budget and optim...
Syndicated Content Oct 19, 2023
Merck KGaA raises prospect of return to sales growth next year
By Ludwig Burger FRANKFURT (Reuters) - Germany's diversified group Merck KGaA has raised the prospect of returning to revenue growth next year, recovering from a slump in demand for its specialty mate...
Syndicated Content Oct 19, 2023
TSMC Q3 profit falls 24.9%, beats market forecasts
TAIPEI (Reuters) -Taiwanese chipmaker TSMC posted a 24.9% fall in third-quarter net profit on Thursday as global economic woes hit demand for chips used in applications from cars to cellphones and ser...
Syndicated Content Oct 19, 2023
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