Chinese chip foundry Semiconductor Manufacturing International Corp (SMIC) on Thursday reported a 34.7% rise in third-quarter revenue and lifted its capital expenditure plan, but missed estimates and warned investors about the impact of export controls from the U.S.
Vodafone has agreed to sell a major stake in its wireless infrastructure company Vantage Towers to GIP and KKR, creating a joint venture that will release proceeds of at least 3.2 billion euros ($3.2 billion) for the telecoms operator to pay down its debt.
Sony Group Corp hiked its full-year operating profit forecast on Tuesday by 4.5% to 1.16 trillion yen ($7.84 billion) as the boost from foreign exchange fluctuations at units including the music business offset gaming weakness.
Tesla aims to start mass production of its Cybertruck at the end of 2023, two years after the initial target for the long-awaited pickup truck Chief Executive Elon Musk unveiled in 2019, two people with knowledge of the plans told Reuters.
Emerson Electric Co will sell a majority stake in its climate technologies unit to Blackstone Inc in a deal that values it at $14 billion, the latest revamp by the U.S. industrial firm as it focuses on the booming automation market.
LONDON, Oct 18 (Reuters) – Shell is among a number of
The preferred bidder to buy out Toshiba Corp has offered to pay less than the widely regarded threshold of 6,000 yen a share, two sources said, indicating the premium for the Japanese conglomerate may not be as rich as investors had hoped.
The Bank of England maintained that it is emergency bond-buying
U.S. chip toolmaker KLA Corp will cease offering some supplies and services from Wednesday to China-based customers including South Korea’s SK Hynix in compliance with recent U.S. regulations, a source familiar with the situation said on Tuesday.
Indian authorities have demanded $244 million from the local unit of French spirits giant Pernod Ricard for undervaluing concentrate imports for over a decade to avoid full payment of duties, a government notice seen by Reuters shows.
Chinese chip foundry Semiconductor Manufacturing International Corp (SMIC) on Thursday reported a 34.7% rise in third-quarter revenue and lifted its capital expenditure plan, but missed estimates and warned investors about the impact of export controls from the U.S.
Vodafone has agreed to sell a major stake in its wireless infrastructure company Vantage Towers to GIP and KKR, creating a joint venture that will release proceeds of at least 3.2 billion euros ($3.2 billion) for the telecoms operator to pay down its debt.
Sony Group Corp hiked its full-year operating profit forecast on Tuesday by 4.5% to 1.16 trillion yen ($7.84 billion) as the boost from foreign exchange fluctuations at units including the music business offset gaming weakness.
Tesla aims to start mass production of its Cybertruck at the end of 2023, two years after the initial target for the long-awaited pickup truck Chief Executive Elon Musk unveiled in 2019, two people with knowledge of the plans told Reuters.
Emerson Electric Co will sell a majority stake in its climate technologies unit to Blackstone Inc in a deal that values it at $14 billion, the latest revamp by the U.S. industrial firm as it focuses on the booming automation market.
LONDON, Oct 18 (Reuters) – Shell is among a number of
The preferred bidder to buy out Toshiba Corp has offered to pay less than the widely regarded threshold of 6,000 yen a share, two sources said, indicating the premium for the Japanese conglomerate may not be as rich as investors had hoped.
The Bank of England maintained that it is emergency bond-buying
U.S. chip toolmaker KLA Corp will cease offering some supplies and services from Wednesday to China-based customers including South Korea’s SK Hynix in compliance with recent U.S. regulations, a source familiar with the situation said on Tuesday.
Indian authorities have demanded $244 million from the local unit of French spirits giant Pernod Ricard for undervaluing concentrate imports for over a decade to avoid full payment of duties, a government notice seen by Reuters shows.
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