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Micron launches mass output of advanced chip in Japan
TOKYO (Reuters) - Memory chip maker Micron Technology on Wednesday kicked off mass production of its new high-capacity low-power 1-beta dynamic random access memory (DRAM) chips at its plant in Hirosh...
Syndicated Content Nov 16, 2022
Barclays cuts 2023 global growth forecast, expects weakest growth in four decades
(Reuters) - Barclays economists on Wednesday cut their global economic growth forecast for 2023 as inflation is seen unlikely to fall quickly, forcing monetary policy to be 'restrictive'. The brokerag...
Syndicated Content Nov 16, 2022
Italy October EU-harmonised CPI revised to +12.6% y/y
(Reuters) - Italian EU-harmonised consumer prices (HICP) rose 3.8% month-on-month in October and were up 12.6% from the year earlier, official statistics agency ISTAT said on Wednesday, revising down ...
Syndicated Content Nov 16, 2022
Euro zone financial stability risks on the rise, ECB warns
FRANKFURT (Reuters) - Risks to the euro zone's financial stability are on the rise as the economy heads for a likely recession, the European Central Bank said on Wednesday, warning that indebted house...
Syndicated Content Nov 16, 2022
UK’s Sunak expresses optimism on more trade with U.S., did not raise deal
NUSA DUA, Indonesia (Reuters) - British Prime Minister Rishi Sunak said on Wednesday he was confident Britain and the United States could deepen their economic relationship but that he had not spoken ...
Syndicated Content Nov 16, 2022
Tencent posts Q3 revenue drop as China’s economic slowdown and crackdown bite
By Josh Ye HONG KONG (Reuters) - Tencent Holdings on Wednesday reported a second straight quarterly revenue drop, as China's economic slowdown and regulatory crackdown hit its ad and gaming businesses...
Syndicated Content Nov 16, 2022
Zurich Insurance sets more ambitious financial targets
By Carolyn Cohn and Michael Shields ZURICH/LONDON (Reuters) -Zurich Insurance Group set more ambitious financial targets for the next three years on Wednesday as insurers benefit from rising premium r...
Syndicated Content Nov 16, 2022
Amazon’s cloud computing unit plans to invest 2.5 billion euros in Spain, to support 1,300 jobs
MADRID (Reuters) - Amazon's cloud computing unit AWS plans to invest 2.5 billion euros ($2.60 billion) in Spain over the coming 10 years, supporting 1,300 full-time jobs in the country, the U.S.-based...
Syndicated Content Nov 16, 2022
Binance CEO Zhao: significant interest in crypto industry recovery fund
ABU DHABI (Reuters) - Binance chief executive Changpeng Zhao said on Wednesday there was significant interest from industry players in a recovery fund his company plans to launch to help crypto projec...
Syndicated Content Nov 16, 2022
Air France issues bonds convertible into shares for 300 million euros
PARIS (Reuters) -Air France-KLM said on Wednesday it was offering subordinated bonds convertible into new shares for 300 million euros ($312 million) to strengthen its capital and pay back state aid, ...
Syndicated Content Nov 16, 2022
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