Today: October 04, 2024
Today: October 04, 2024

Latest From Reuters

Business|Economy|Technology

India cuts import tax on smartphones in boost for Apple

India announced it will cut import duty on mobile phones and some key parts to 15% from 20%, a move that will directly benefit Apple, which still imports its high-end smartphones

India cuts import tax on smartphones in boost for Apple
Asia|Business|Technology

Japan's Nidec lifts annual profit outlook after Q1

Japanese electric motor maker Nidec raised its full-year operating profit forecast by 4.3% on Tuesday off the back of a recovery in demand for hard drive motors, efforts to raise its

Japan's Nidec lifts annual profit outlook after Q1
Business|Technology

Beazley says has no plans to change guidance after mass IT outage

Insurer Beazley said on Tuesday it had no plans to alter its guidance in the wake of Friday's global IT glitch, which crashed an estimated 8.5 million Windows-operated devices,

Beazley says has no plans to change guidance after mass IT outage
Business|Technology

Data center firm Equinix enters the Philippines, eyes on Southeast Asia

Equinix has acquired three data centers in the Philippines from Total Information Management to expand its presence in the high growth potential region of Southeast Asia, the global data

Data center firm Equinix enters the Philippines, eyes on Southeast Asia
Business|Finance|Technology

Cybersecurity firm Wiz calls off $23 billion deal with Google, memo says

Israeli cybersecurity startup Wiz has ended talks with Google-parent Alphabet on a reported $23 billion deal that would have made it the U.S. tech giant's largest-ever acquisition,

Cybersecurity firm Wiz calls off $23 billion deal with Google, memo says
Business|Finance|Technology

Computer parts maker Logitech lifts outlook after upbeat quarter

Computer mouse maker Logitech International raised its full-year sales and profit outlook on Tuesday, after a strong performance across nearly all product categories

Computer parts maker Logitech lifts outlook after upbeat quarter
Business|Technology

Google scraps plan to remove cookies from Chrome

Google is planning to keep third-party cookies in its Chrome browser, it said on Monday, after years of pledging to phase out the tiny packets of code meant to track users on the internet.

Google scraps plan to remove cookies from Chrome
Business|Finance|Technology

Chip design software firm Cadence forecasts third-quarter results below estimates

Chip design software maker Cadence Design Systems forecast third-quarter revenue and profit below Wall Street estimates on Monday, indicating stiff competition from rival Synopsys.

Chip design software firm Cadence forecasts third-quarter results below estimates
Business|Economy|Europe|Technology

German software maker SAP's quarterly cloud revenue leaps 25%

Europe's largest software maker SAP reported a 25% jump in its cloud business and beat analysts' estimates for total revenue for the second quarter on Monday.

German software maker SAP's quarterly cloud revenue leaps 25%
Business|Economy|Technology

NXP Semi forecasts revenue below estimates on auto weakness, shares tumble

NXP Semiconductors forecast third-quarter revenue below analysts' estimates on Monday, as it battles sluggish demand from automotive customers and rising geopolitical risks, sending its

NXP Semi forecasts revenue below estimates on auto weakness, shares tumble
Business|Economy|Finance|Technology

Insurers to see limited hit from CrowdStrike disruption, Fitch says

The global insurance and reinsurance industry is likely to avoid any major financial impact from the outage sparked by CrowdStrike's glitchy security software update that disrupted

Insurers to see limited hit from CrowdStrike disruption, Fitch says
Business|Europe|Technology

Stellantis ready to 'fight' for place in Europe's EV market, CEO says

Stellantis is ready to "fight" for its place in Europe's electric vehicle market against strong competition from Chinese carmakers, its CEO Carlos Tavares said on Monday

Stellantis ready to 'fight' for place in Europe's EV market, CEO says
Europe|Technology

Britain tests Raytheon's anti-drone laser from military vehicle

The British Army has carried out its first test of Raytheon's anti-drone laser weapon from a military vehicle, the company said on Monday, in the latest sign that

Britain tests Raytheon's anti-drone laser from military vehicle
Business|Europe|Technology

Porsche waters down EV ambitions, says transition will take 'years'

Luxury carmaker Porsche expects the transition to electric vehicles to take longer than it thought, it said on Monday, having previously said its aim was for 80% of sales to be all-

Porsche waters down EV ambitions, says transition will take 'years'
Business|Health|Technology

Agilent to buy contract drug manufacturer Biovectra for $925 million

Agilent Technologies said on Monday it will acquire contract drug manufacturer Biovectra for $925 million to expand its portfolio of services offered to biotech companies and medical

Agilent to buy contract drug manufacturer Biovectra for $925 million
Americas|Economy|Technology

Brazil's central bank delays launch of new feature in popular payment system

Brazil's central bank said on Monday a new feature for its popular Pix instant payment system aimed at automatically paying recurring bills will be launched next June instead of

Brazil's central bank delays launch of new feature in popular payment system
Business|Technology

Japan Airlines orders 10 Boeing 787-9s, takes options for 10 more

Japan Airlines has ordered 10 Boeing 787-9 aircraft and agreed options for 10 more, the two companies said at a joint media briefing at the Farnborough Airshow on

Japan Airlines orders 10 Boeing 787-9s, takes options for 10 more
Finance|Stock Markets|Technology

CrowdStrike shares tumble 13% on IT outage impact

Shares of CrowdStrike plunged 13% on Monday, extending their loss-making streak, after Wall Street analysts downgraded the stock on concerns over the financial fallout from a global cyber

CrowdStrike shares tumble 13% on IT outage impact
Business|Technology

Verizon hit by prepaid subscriber exodus after internet subsidy ends

Verizon Communications missed quarterly revenue estimates on Monday as fewer people upgraded their phones, while its prepaid wireless subscribers fell sharply

Verizon hit by prepaid subscriber exodus after internet subsidy ends
Business|Technology

Tesla to have humanoid robots for internal use next year, Musk says

Tesla will have humanoid robots in "low production" for the company's internal use next year, CEO Elon Musk said on Monday, months after he announced a rollout by the end of 2024.

Tesla to have humanoid robots for internal use next year, Musk says
Asia|Economy|Technology

Taiwan June export orders miss forecast, China demand weakens

Taiwan's export orders rose less than expected in June on weak demand from the island's top trading partner China and for laptops and mobile phones, even as chips saw continued

Taiwan June export orders miss forecast, China demand weakens
Business|Technology

Ocado boosted as partner Kroger orders new automated technologies

British online supermarket and technology group Ocado said on Monday its U.S. partner Kroger had placed an order for a wide range of new automated technologies to roll

Ocado boosted as partner Kroger orders new automated technologies
Business|Europe|Technology

Renault CEO calls for flexibility in European EV transition timeline

Renault's CEO Luca De Meo expressed doubts over the timeline for transitioning to electric vehicles in Europe, adding the carmaker has to bring down costs if it wants to deliver on

Renault CEO calls for flexibility in European EV transition timeline
Business|Europe|Technology

Xpeng, Volkswagen set up project house to roll out new EV architecture

Chinese electric vehicle (EV) maker Xpeng has established project houses for engineers in partnership with German automaker Volkswagen AG to accelerate the development process of new EV

Xpeng, Volkswagen set up project house to roll out new EV architecture
Business|Europe|Technology

Airbus looking at opportunities to create scale in space, satellites

Airbus is looking at opportunities to create scale in defence, space and particularly satellites markets, CEO Guillaume Faury said on Sunday.

Airbus looking at opportunities to create scale in space, satellites

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