Today: October 05, 2024
Today: October 05, 2024

Latest From Reuters

Business|Technology

Italy's Consob tests AI for market supervision, insider trading detection

Italian market watchdog Consob has been testing artificial intelligence (AI) for use in the initial approval process of listing prospectuses and to help identify insider trading, the

Italy's Consob tests AI for market supervision, insider trading detection
Business|Technology

Huawei tops China smartphone sales leading to 618 festival, up 42.4% y/y

Chinese phone maker Huawei lead in smartphone sales in China in the May 20-June 16 period that coincided with the 618 shopping festival, selling 42.4% more than a year ago,

Huawei tops China smartphone sales leading to 618 festival, up 42.4% y/y
Business|Economy|Technology

Foxconn to invest $383 million in Vietnam circuit board plant, says state media

Foxconn Singapore has been awarded a licence to invest $383 million in a factory to produce printed circuit boards in Vietnam, state media reported on Monday.

Foxconn to invest $383 million in Vietnam circuit board plant, says state media
Business|Economy|Technology

Prosus full-year core headline earnings jump 84%

Dutch technology investor Prosus core headline earnings jumped 84% in the year to March 31, helped by a strong performance in e-commerce operations, it said on Monday.

Prosus full-year core headline earnings jump 84%
Business|Economy|Technology

S.Africa's Naspers profit doubles on Tencent, e-commerce performance

South Africa's Naspers said on Monday its full-year earnings more than doubled, buoyed by improved performance of its e-commerce businesses and contribution from China's Tencent, which

S.Africa's Naspers profit doubles on Tencent, e-commerce performance
Sports|Technology

Hackers hit Poland Euro 2024 match broadcast in second attack

Hackers disrupted an online broadcast of Poland's Euro 2024 match with Austria on Friday, the state broadcaster said, the second cyberattack targeting the Polish soccer team during

Hackers hit Poland Euro 2024 match broadcast in second attack
Business|Technology

Ferrari says new plant will boost flexibility, shorten car development times

Ferrari will use its new production site to boost manufacturing flexibility and shorten the time needed to develop and roll out new models, rather than to increase output,

Ferrari says new plant will boost flexibility, shorten car development times
Business|Economy|Technology

Polestar reports decline in 2023 revenue as EV maker grapples with slowing demand

Swedish EV-maker Polestar said on Friday, after months of delays in turning in its financial reports, that its 2023 revenue fell and its losses widened as it grappled with slowing demand

Polestar reports decline in 2023 revenue as EV maker grapples with slowing demand
Business|Technology

US NHTSA opens recall query into more than 120,000 Honda US vehicles

The U.S. auto safety regulator said on Friday it has opened a recall query into over 120,000 Honda Ridgeline U.S. vehicles over rear-view camera (RVC) failures.

US NHTSA opens recall query into more than 120,000 Honda US vehicles
Business|Technology

Fisker to recall over 12,000 Ocean vehicles

Electric-vehicle firm Fisker is

Fisker to recall over 12,000 Ocean vehicles
Business|Economy|Technology

Italy claims 1 billion euros in unpaid taxes from Google

Italy is asking Google to pay 1 billion euros ($1.07 billion) in unpaid taxes and penalties, three sources with direct knowledge of the matter said on Friday, seven years after the

Italy claims 1 billion euros in unpaid taxes from Google
Business|Technology

HSBC, Virgin Money and Nationwide customers suffer online banking outage

Customers of HSBC, Nationwide and Virgin Money suffered outages to their online banking services on Friday, in the latest such disruption to plague an industry which increasingly

HSBC, Virgin Money and Nationwide customers suffer online banking outage
Business|Economy|Technology

Aircraft delivery delays having 'brutal' impact on Lufthansa, says CEO

Aircraft delivery issues are having a "brutal" impact on Lufthansa and will not be resolved before the end of the decade, according to CEO Carsten Spohr.

Aircraft delivery delays having 'brutal' impact on Lufthansa, says CEO
Business|Technology

Renault-backed BeyonCa plans to build Hong Kong's first EVs

Premium EV maker BeyonCa, backed by Renault and Dongfeng Motor, said on Friday it plans to set up a final assembly plant and its international headquarters in Hong Kong, developing

Renault-backed BeyonCa plans to build Hong Kong's first EVs
Business|Technology

Nokia to acquire Infinera in $2.3 billion deal to scale up optical network

Nokia will acquire Infinera Corp in a deal with an enterprise value of $2.3 billion, the companies said on Thursday, as the Finnish firm looks to expand its optical network business,

Nokia to acquire Infinera in $2.3 billion deal to scale up optical network
Business|Environment|Technology

Walmart Canada adds Nikola's hydrogen fuel cell-powered electric semi-truck to fleet

Nikola said it has delivered a hydrogen fuel cell powered electric semi-truck to Walmart Canada, making it the first major retailer in the country to add it to its fleet.

Walmart Canada adds Nikola's hydrogen fuel cell-powered electric semi-truck to fleet
Business|Technology

Top US carriers say roaming customers facing connectivity issues

Major U.S. telecom service providers said on Thursday some of their users traveling overseas were having connectivity problems due to an issue at a partner network provider.

Top US carriers say roaming customers facing connectivity issues
Business|Technology

The 'BlackSuit' hacker behind the CDK Global attack hitting US car dealers

A hack into software maker CDK Global has disrupted operations at auto dealerships across the U.S., the latest in a series of hacks where ransom-demanding cybercriminals

The 'BlackSuit' hacker behind the CDK Global attack hitting US car dealers
Business|Economy|Technology

Micron tumbles as AI revenue surge falls short of lofty expectations

Micron shares fell 5% in early trading on Thursday after the memory chipmaker's quarterly revenue forecast failed to impress investors looking for outsized results

Micron tumbles as AI revenue surge falls short of lofty expectations
Business|Technology

Mercedes-Benz spending more than previously planned on combustion engines - Wiwo

Mercedes-Benz is investing more than previously planned in combustion engine technology, including 14 billion euros ($15 billion) this year on its passenger cars, its chief executive

Mercedes-Benz spending more than previously planned on combustion engines - Wiwo
Business|Economy|Technology

China hopes for EV tariff deal with EU that suits both sides

China hopes negotiations will lead to a "mutually acceptable solution" with the European Union on preliminary tariffs on Chinese electric vehicles (EV) scheduled to take effect on

China hopes for EV tariff deal with EU that suits both sides
Business|Technology

Nokia sells submarine networks business ASN to French state

Nokia on Thursday said it had agreed to sell its submarine networks business ASN to the French state for 350 million euros ($374 million), but that the deal would not impact its

Nokia sells submarine networks business ASN to French state
Business|Technology

Infosys CEO settles Indian regulator's charge of lacking controls to prevent insider trading

Infosys CEO Salil Parekh settled charges for failing to place adequate internal controls to prevent insider trading at India's No.2 IT

Infosys CEO settles Indian regulator's charge of lacking controls to prevent insider trading
Business|Technology

SoftBank to invest in search startup Perplexity AI at $3 billion valuation, Bloomberg reports

Japanese technology investor SoftBank Group Corp's Vision Fund 2 is investing between $10 million and $20 million in U.S. search startup Perplexity AI at a valuation of $3 billion,

SoftBank to invest in search startup Perplexity AI at $3 billion valuation, Bloomberg reports
Business|Technology

Mitsubishi Heavy exec: timing not right for decision on passenger jet market

A Mitsubishi Heavy Industries executive said Thursday that despite the government's commitment to made-in-Japan aircraft, now is not the time to decide whether to re-enter the

Mitsubishi Heavy exec: timing not right for decision on passenger jet market

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