Category Archives:
Tencent slashes cloud service prices by up to 40% as price war intensifies
By Josh Ye HONG KONG (Reuters) - Chinese internet giant Tencent Holdings is cutting prices for cloud services by up to 40% from June amid similar moves from rivals that have plunged the sector into a ...
May 17, 2023
Website creator Wix.com Q1 profit beats estimates, raises 2023 outlook
JERUSALEM (Reuters) - Wix.com, which helps small businesses build and operate websites, on Wednesday said it swung to a net profit in the first quarter, boosted by growth in subscription revenue. The ...
May 17, 2023
EV maker Fisker is exploring collaboration with other companies, CEO says
By Victoria Waldersee and Joseph White MUNICH (Reuters) - Electric car maker Fisker Inc is exploring collaboration with other companies to scale up market share faster, Chief Executive Henrik Fisker s...
May 17, 2023
Euro zone inflation ticks up in April
FRANKFURT (Reuters) - Euro zone inflation accelerated last month, Eurostat said on Wednesday, confirming preliminary data pointing to increasingly stubborn price growth among the 20 nations sharing th...
May 17, 2023
Renewable fuels to drive Neste’s growth this year – CEO
By Trixie Yap and Florence Tan SINGAPORE (Reuters) - Finnish refiner Neste expects renewable fuels from its new facilities in Singapore and the U.S. to drive its growth this year despite expectations ...
May 17, 2023
China’s Tencent marks return to revenue growth in first quarter
By Josh Ye HONG KONG (Reuters) -China's Tencent Holdings Ltd posted a 11% rise in first-quarter revenue on Wednesday, beating analyst expectations, as its core advertising and gaming businesses recove...
May 17, 2023
ECB looks for new top supervisor to succeed Enria
FRANKFURT (Reuters) - The European Central Bank said on Wednesday it is looking for a new top bank supervisor to succeed Andrea Enria when his term runs out at the end of the year. Candidates to the r...
May 17, 2023
India’s top court gives market watchdog 3 more months to finish Adani probe
By Jayshree P Upadhyay and Arpan Chaturvedi MUMBAI (Reuters) -India's Supreme Court on Wednesday granted the country's market regulator additional time till August 14 to complete its investigation int...
May 17, 2023
Analysis-Australia’s push for faster EV uptake will be slow to charge
By Lewis Jackson SYDNEY (Reuters) - Australians are starting to buy electric vehicles in large numbers, and the government is trying to accelerate the adoption of cleaner cars, but industry executives...
May 17, 2023
Neglected Igbo-Ukwu Bronzes get new life at Nigerian museum
By Angela Ukomadu LAGOS (Reuters) - At the National Museum in Lagos, workers carefully remove rust and patina from Igbo-Ukwu Bronze artefacts, part of restoration work on some of Nigeria's oldest but ...
May 17, 2023
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