More investors turning sour on emerging markets – HSBC survey
More than one in four investors feel ‘bearish’ about emerging markets, an HSBC survey showed on Wednesday, as slowing economic growth and the spectre of tighter monetary policy in the United States clouds the outlook.
Robotics maker AutoStore doubles revenue, warns of margin impact
AutoStore (AUTO.OL) faces tight supply of certain components that will impact earnings margins in the short term, the Norwegian robotics company said on Wednesday after posting a 95% surge in third-quarter revenue to $84.7 million.
Analysis: Made in Canada: Factories see silver lining in supply chain woes
Global shipping and supply chain bottlenecks are encouraging Canadian firms to bring production back home, but some companies would have to absorb higher costs and build expertise in certain sectors for local manufacturing to pick up pace.
Italy’s Enel cranks up spending to become carbon-free by 2040
Europe’s biggest utility Enel (ENEI.MI) will spend 170 billion euros ($191.2 billion) to 2030 and will seek to draw in additional funds from partners and others for its projects as it brings forward plans to become a carbon-free company by 2040.
EXCLUSIVE German parties agree on 2030 coal phase-out in coalition talks -sources
Germany’s Social Democrats (SPD), Greens and Free Democrats, who are negotiating to form a new government, have agreed to commit to a coal phase-out by 2030 in a coalition deal, sources involved in the talks told Reuters on Tuesday.
Apple files lawsuit against NSO Group, saying U.S. citizens were targets
Apple Inc (AAPL.O) said on Tuesday it has filed a lawsuit against Israeli cyber firm NSO Group and its parent company OSY Technologies for alleged surveillance and targeting of U.S. Apple users with its Pegasus spyware.
Singapore bank DBS in day two of its biggest tech outage in a decade
DBS Group Holdings Ltd (DBSM.SI), Southeast Asia’s largest bank, faced disruption in its online banking services for the second consecutive day on Wednesday, drawing the ire of customers just hours after announcing a fix after the first day of outage.
Asian shares on edge as U.S. bond yields rise, oil volatile
Share markets were jittery in early Asia on Wednesday as trading was buffeted by a step-up in U.S. Treasury yields as well as volatile oil prices in the face of price-cooling moves by the United States and other nations.
EXCLUSIVE Major Toshiba shareholder objects to break-up, urges board to solicit offers
Toshiba Corp’s (6502.T) second-largest shareholder on Wednesday objected to the Japanese conglomerate’s plan to split itself into three companies and called on it to instead solicit offers from potential buyers.
Online assessments add value for oil and gas industry stakeholders
Within the oil and gas drilling industry – a key part of a sector that produced revenues of some $3.3 trillion in 2019 and comprises some 3.8% of the global economy – the use of online assessment (eAssessment) is demonstrably improving the assessment process, as well as streamlining the operations of organisations and, thus, providing added value to their stakeholders.
