Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
WeChat bargain hunters seek profits in China property bond rout
By Andrew Galbraith SHANGHAI (Reuters) - In late October, as a growing liquidity crisis across China's property sector walloped developers' bonds, a group of Chinese finance professionals got together...
Nov 12, 2021
U.S., EU must avoid subsidy race amid chip shortage – EU’s Vestager
(Reuters) - The United States and the European Union must avoid a subsidy race as they rush to support semiconductor production amid a global chip shortage, EU Competition Commissioner Margrethe Vesta...
Nov 12, 2021
Storytel enters the U.S. with acquisition of Audiobooks.com
STOCKHOLM (Reuters) -Swedish audiobook streaming group Storytel said on Friday it had agreed to buy Audiobooks.com from investment firm KKR, marking its entry into the U.S. market. The acquisition wil...
Nov 12, 2021
Deutsche Telekom core profit beats estimates; full-year outlook raised
By Supantha Mukherjee STOCKHOLM (Reuters) - Deutsche Telekom reported core profit above market estimates on Friday and raised its full-year outlook for the third time, boosted by its U.S. unit T-Mobil...
Nov 12, 2021
Apple supplier Foxconn’s Q3 profit beats estimates
TAIPEI (Reuters) - Taiwan's Foxconn, which assembles iPhones for Apple, reported a better-than-expected third-quarter profit on Friday, helped by strong demand for consumer electronics as people work ...
Nov 12, 2021
Russian e-commerce venture SberMarket’s transaction volumes triple
(Reuters) - The e-commerce arm of Russia's largest lender, Sberbank, said on Friday its transaction volumes tripled in the third quarter, helped by an expanding range of services it offers, including ...
Nov 12, 2021
Toshiba set to announce split into three firms, shareholder reaction in focus
By Makiko Yamazaki TOKYO (Reuters) - Japanese industrial conglomerate Toshiba Corp is set to outline plans on Friday to break up into three listed companies that will focus on infrastructure, devices ...
Nov 11, 2021
Chinese state newspaper blasts ‘worship of turnover’ after Alibaba’s Singles Day
SHANGHAI (Reuters) - The focus of China's Singles' Day shopping festival should shift from a "traffic and sales war" to one of science and technology, a state-backed newspaper said on Friday, describi...
Nov 11, 2021
SpaceX capsule carrying 4 astronauts docks with International Space Station
By Steve Gorman (Reuters) - Four astronauts, three from NASA and one from the European Space Agency, arrived at the International Space Station on Thursday and docked their SpaceX Crew Dragon capsule ...
Nov 11, 2021
Chinese chipmaker says top executive, board members, quit
SHANGHAI (Reuters) - China's largest chipmaker, Semiconductor Manufacturing International Corp, said its vice-chairman has resigned in a leadership reshuffle less than a year after he took the role. C...
Nov 11, 2021
