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Infineon CEO warms to idea of TSMC plant in Germany
BERLIN (Reuters) - Infineon CEO Reinhard Ploss on Tuesday supported the idea of Taiwan Semiconductor building a chip fabrication plant in Germany, expressing a clear preference for its technology over...
Syndicated Content Aug 03, 2021
U.S. company profits even bigger than Wall Street’s lofty targets
By Caroline Valetkevitch NEW YORK (Reuters) - Much stronger-than-expected profit reports from U.S. companies in recent weeks have ratcheted up already high Wall Street forecasts on how second-quarter ...
Syndicated Content Aug 03, 2021
The $29 billion deal in 11 weeks: how Square bought Afterpay
By Paulina Duran, Scott Murdoch and Krystal Hu SYDNEY/HONG KONG/NEW YORK (Reuters) - Jack Dorsey introduced the world to expressing itself in just 140 characters as the creator of Twitter Inc, and his...
Syndicated Content Aug 03, 2021
When the chips are down: global shortage to keep crimping carmakers
By Nick Carey LONDON (Reuters) - BMW and Stellantis became the latest major carmakers to warn on Tuesday that the global semiconductor chip shortage that has bedeviled the industry this year will drag...
Syndicated Content Aug 03, 2021
Jumpy investors brace for next shoe to drop in China regulatory crackdown
SHANGHAI (Reuters) - China's technology and chip sectors came under fresh selling pressure on Tuesday after state media attacked the country's largest social media and video game firm, Tencent Holding...
Syndicated Content Aug 03, 2021
Firm controlled by JD.com founder cleared to set up Chinese cargo airline
BEIJING/SYDNEY (Reuters) - A company controlled by the founder of China's e-commerce giant JD.com Inc has been granted approval to set up a new cargo airline based in the eastern province of Jiangsu, ...
Syndicated Content Aug 03, 2021
Generali says FY goals on track after solid first half
By Gianluca Semeraro MILAN (Reuters) - Generali on Tuesday said it was on track to meet full-year targets after Italy's top insurer reported a good performance across all business sectors to slightly ...
Syndicated Content Aug 03, 2021
Tech stocks weigh on European shares, BP jumps on dividend boost
(Reuters) - Declines in technology stocks and worries over the global spread of the Delta variant of the coronavirus kept European stocks under pressure on Tuesday, despite encouraging earnings update...
Syndicated Content Aug 03, 2021
Britain’s cost curb measure in CO2 scheme will not be triggered until November
LONDON (Reuters) - The authority overseeing Britain's carbon emissions trading scheme (ETS) said a mechanism to curb costs in the scheme has not been triggered for August and would not be until Novemb...
Syndicated Content Aug 03, 2021
UK’s Domino’s expands share buyback as profit jumps
(Reuters) - Domino's Pizza Group on Tuesday expanded its share buyback programme and said business in the second half of the year had started well, as orders were boosted by England's football team re...
Syndicated Content Aug 03, 2021
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