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Sony to invest $500 million in TSMC’s new chip unit in Japan
TOKYO (Reuters) - Sony Group said one of its units has agreed to invest about $500 million in Taiwan Semiconductor Manufacturing Co's new chip subsidiary in Japan. Taiwan's TSMC is building a chip fac...
Syndicated Content Nov 09, 2021
Infineon CEO: chip supply to remain tight in 2022
FRANKFURT (Reuters) - Infineon, which gets around 40% of its sales from the automotive sector, expects the supply of crucial semiconductors to the sector to remain tight well into next year, Chief Exe...
Syndicated Content Nov 09, 2021
ExxonMobil announces FID for mega China petchem project
SINGAPORE (Reuters) - U.S. oil and gas major ExxonMobil announced it had made a final investment decision to build a multi-billion dollar petrochemical complex in south China's Guangdong province. The...
Syndicated Content Nov 09, 2021

UPDATE: One dead in shooting on S. Greenlawn
UPDATED 3:55 P.M. PEORIA, Ill. – We’re learning more about last (Monday) night’s shooting on South Greenlawn in Peoria that turned out to be the city’s 28th homicide. Peoria Co...
Julia Bradley Nov 09, 2021
Embattled Evergrande NEV seeks regulatory approval for electric model in China
BEIJING (Reuters) - China Evergrande Group's electric vehicles (EV) unit Evergrande NEV is seeking Chinese regulatory approval to sell its inaugural Hengchi 5 sport-utility vehicles, as the embattled ...
Syndicated Content Nov 09, 2021
Euro zone housing demand to persist, hitting poorer households – ECB
FRANKFURT (Reuters) - Demand for euro zone real estate is likely to remain high, driving up prices and raising "affordability issues" for poorer households, the European Central Bank said on Tuesday. ...
Syndicated Content Nov 09, 2021
Porsche 9-month profit jumps to low end of 2021 target thanks to Volkswagen
BERLIN (Reuters) - Porsche SE said on Tuesday its nine-month net income bounced to the lower end of the German automotive group's full-year guidance thanks to profits from Volkswagen, which recovered ...
Syndicated Content Nov 09, 2021
Asian stock valuations decline to near 1-1/2 year low
(Reuters) - The valuations of Asian equities dropped to a 17-month low at the end of October on concerns over China's weakening economy and as analyst upgrades in earnings estimates failed to boost eq...
Syndicated Content Nov 09, 2021
Tesla shares inch higher after Monday’s sell-off
(Reuters) - Shares of Tesla Inc inched higher in premarket trading on Tuesday, stabilizing after speculation of a potential stake sale by chief Elon Musk spurred a near 5% drop in the previous session...
Syndicated Content Nov 09, 2021
Norway banking sector robust but pandemic, rates pose risks, central bank says
OSLO (Reuters) - Norwegian banks are well-equipped if faced with a new downturn and the economic recovery has improved the outlook for financial stability, but risks remain, the central bank said in a...
Syndicated Content Nov 09, 2021
Peoria, IL, USA
44 °F Mist
