Nokia to cut up to 14,000 jobs as US demand shrinks
(Reuters) – Finnish telecom gear group Nokia (NYSE:NOK) will cut up to 14,000 jobs to reduce costs, it said on…
Reality check, as Country Garden sells down a barely started Australia project
(Reuters) – Four years after Chinese property giant Country Garden launched a A$2 billion ($1.27 billion) development of 3,600 homes…
Japan stocks lower at close of trade; Nikkei 225 down 1.86%
Japan stocks were lower after the close on Thursday, as losses in the Shipbuilding, Pharmaceutical Industry and Glass sectors led…
Inflation Fears Prompt Speculation of Further Bank of England Rate Hikes
The Bank of England is facing mounting pressure to further increase base rates amid persistent inflation fears. The UK’s inflation…
Renault anticipates improved profitability following Q3 revenue growth
Renault (EPA:RENA), the French auto manufacturer, has reaffirmed its annual financial outlook after witnessing growth in its Q3 revenue and…
Nestle misses nine-month sales estimates, expects volume upturn by year-end
(Reuters) – Nestle posted lower-than-expected nine-month sales growth on Thursday as higher product prices made shoppers balk, sending shares down…
Google to manufacture smartphones in India starting with Pixel 8
(Reuters) – Alphabet Inc will start manufacturing in India and will partner with international and domestic manufacturers to produce its…
Netflix raises prices and adds subscribers, despite strikes
(Reuters) – Netflix increased subscription prices for some streaming plans in the United States, Britain and France on Wednesday as…
China’s Huawei sells 1.6 million Mate 60 Pro handsets in six weeks – research firm
(Reuters) – Huawei Technologies has sold 1.6 million of its Mate 60 Pro handsets in six weeks, a research firm…
Beijing weighs delaying approval of $69 billion Broadcom-VMware deal- FT
(Reuters) – Beijing is weighing holding up US chipmaker Broadcom (NASDAQ:AVGO) Inc’s $69 billion purchase of cloud computing company VMware…