Nokia Plans to Cut 14,000 Jobs in Overhaul to Shave Costs
Nokia Oyj plans to cut as many as 14,000 jobs, or 16% of its workforce, as reduced investment
2023-10-19 14:25
Israel Latest: Fresh Diplomatic Push Follows Gaza Aid Promises
Diplomatic efforts continue Thursday to contain the impact of the Israel-Hamas war and speed the access of vital
2023-10-19 14:22
Xi Says Green Projects Will Anchor China’s Overseas Spending
Delegates from developing nations are leaving meetings in China this week with grand promises of aid for green
2023-10-19 13:53
SAP reaffirms cloud business outlook after Q3 misses forecast
(Reuters) -Business software maker SAP on Wednesday reaffirmed its full-year outlook for its key cloud business revenue after slightly missing
2023-10-19 13:50
As Sanctions Lift on Venezuelan Oil, China’s Refiners Will Face Stiffer Competition
The rollback of American sanctions on Venezuelan oil could rob Chinese buyers of one of their cheapest sources
2023-10-19 13:48
Renault Sees Sales Climb on European Demand for Austral
Renault SA’s third-quarter sales climbed 7.6% as demand remained strong for the French carmaker’s new model lineup such
2023-10-19 13:45
Nokia to cut up to 14,000 jobs after sales drop 20%
By Supantha Mukherjee STOCKHOLM (Reuters) -Finnish telecom gear group Nokia on Thursday said it will cut up to 14,000 jobs
2023-10-19 13:27
Barclays now expects U.S. Fed rate hike in December
Barclays forecasts the U.S. Federal Reserve delivering a 25-basis-point hike in December, compared to a prior rate hike
2023-10-19 12:46
China’s Regional Banks Face $300 Billion Hit on LGFVs, S&P Says
China’s regional banks could incur a capital hit of 2.2 trillion yuan ($301 billion) from a growing debt
2023-10-19 12:26
China Sells Most US Securities in Four Years Amid Yuan Weakness
Chinese investors offloaded the most US bonds and stocks in four years in August, fueling speculation the authorities
2023-10-19 12:19
GM and Honda team up on autonomous ride service for Japan
General Motors and Honda, along with Cruise — GM's autonomous driving subsidiary — have agreed to create a driverless ride-hailing company in Japan. The company will use the Cruise Origin autonomous vehicle to give rides in Tokyo, Japan's largest city. The companies plan to begin providing services in 2026.
2023-10-19 12:16
China’s Polluters Take Steps to Meet EU’s Carbon Tax Challenge
China’s environment ministry is asking large industrial polluters to tighten up their emissions reporting, as it adopts the
2023-10-19 11:52