Today: October 06, 2024
Today: October 06, 2024

Latest From Reuters

Business|Technology

Boeing resumes deliveries of 737 MAX airplanes to China

Boeing said on Tuesday it has resumed deliveries of its best-selling 737 MAX airplane to China after a lengthy delay stemming from regulatory issues.

Boeing resumes deliveries of 737 MAX airplanes to China
Business|Technology

Hackers leak documents from Pentagon IT services provider Leidos, Bloomberg News reports

Hackers have leaked internal documents stolen from Leidos Holdings Inc, one of the largest IT services providers to the U.S. government, Bloomberg News reported on Tuesday, citing a person

Hackers leak documents from Pentagon IT services provider Leidos, Bloomberg News reports
Business|Finance|Stock Markets|Technology

TI beats quarterly profit estimates as chip demand turns steady

Texas Instruments beat analysts' estimates for second-quarter profit on Tuesday, powered by stabilizing demand for analog chips from markets such as personal electronics

TI beats quarterly profit estimates as chip demand turns steady
Business|Finance|Technology

BofA appoints insider Brunner as head of TMT investment banking, memo shows

Bank of America has appointed bank veteran Kevin Brunner as the new head of technology, media and telecommunications investment banking, according to a memo seen by Reuters and confirmed

BofA appoints insider Brunner as head of TMT investment banking, memo shows
Europe|Technology

European satellite sector needs to consolidate to compete with Musk, Leonardo exec says

The European satellite sector needs to consolidate in order to keep pace with Elon Musk's rapidly-expanding network of Starlink communications satellites, an executive

European satellite sector needs to consolidate to compete with Musk, Leonardo exec says
Technology

Apple likely to release foldable iPhone as early as 2026, the Information reports

Apple is likely to introduce its foldable iPhone as early as 2026, the Information reported on Tuesday, that could mark the biggest hardware design revamp for the company's most popular

Apple likely to release foldable iPhone as early as 2026, the Information reports
Business|Finance|Technology

Visa prevented $40 billion worth of fraudulent transactions in 2023- official

Visa prevented 80 million fraudulent transactions worth $40 billion globally last year thanks to investments in technology including artificial intelligence (AI), a senior

Visa prevented $40 billion worth of fraudulent transactions in 2023- official
Business|Technology

Philip Morris delays U.S. heated tobacco device pilot to fourth quarter

Philip Morris International pushed the test-launch of its heated tobacco device, IQOS, in the U.S. to the fourth quarter on Tuesday and lowered its annual forecast for the heated tobacco

Philip Morris delays U.S. heated tobacco device pilot to fourth quarter
Business|Technology

Rolls-Royce exploring technology for narrow-body jet market

Rolls-Royce is developing a smaller version of its Ultrafan engine demonstrator aimed at exploring technology for the next generation of narrow-body jets, CEO Tufan

Rolls-Royce exploring technology for narrow-body jet market
Europe|Technology

US, European regulators sign joint statement on effective AI competition

Regulators in the United States, European Union and Britain have signed a joint statement to ensure effective competition in the artificial intelligence space, setting out principles to

US, European regulators sign joint statement on effective AI competition
Economy|Finance|Stock Markets|Technology

Barclays raises 2024 S&P 500 target to 5,600 from 5,300

Barclays on Tuesday lifted its 2024 target for the benchmark S&P 500 index to 5,600 from 5,300 as it expects strong profit growth for mega-cap technology firms.

Barclays raises 2024 S&P 500 target to 5,600 from 5,300
Business|Economy|Stock Markets|Technology

NXP slides as weak forecast stokes demand worries among auto chipmakers

Shares of NXP Semiconductors fell 9% on Tuesday and dragged other automotive semiconductor companies lower, as its disappointing quarterly revenue forecast sparked

NXP slides as weak forecast stokes demand worries among auto chipmakers
Asia|Business|Technology

Samsung Elec talks with union end without result, union says

Samsung Electronics and representatives of its biggest workers' union in South Korea, which has been on a strike, met on Tuesday but the talks ended without results, the union said.

Samsung Elec talks with union end without result, union says
Business|Technology

GM slams brakes on self-driving vehicle without steering wheel

General Motors' Cruise self-driving unit will focus its development efforts on a next-generation Chevrolet Bolt as it indefinitely delays its planned Origin vehicle that

GM slams brakes on self-driving vehicle without steering wheel
Business|Technology

Japan Airlines orders 20 Airbus A350s, 11 A321neos

Japan Airlines has ordered 20 Airbus A350-900 and 11 A321neo planes, Airbus's planemaking chief Christian Scherer said at the Farnborough Airshow on Tuesday.

Japan Airlines orders 20 Airbus A350s, 11 A321neos
Business|Technology

Virgin Atlantic orders seven more Airbus A330neos

Virgin Atlantic has ordered a further seven Airbus A330-900 planes, the airline said at the Farnborough Airshow on Tuesday.

Virgin Atlantic orders seven more Airbus A330neos
Business|Technology

Windrose plans truck assembly in U.S. in rare move by Chinese EV firm

Chinese electric truck startup Windrose plans to set up a U.S. assembly plant for its semi-trucks for delivery there from 2025, directly challenging Tesla in its home market,

Windrose plans truck assembly in U.S. in rare move by Chinese EV firm
Business|Economy|Technology

India cuts import tax on smartphones in boost for Apple

India announced it will cut import duty on mobile phones and some key parts to 15% from 20%, a move that will directly benefit Apple, which still imports its high-end smartphones

India cuts import tax on smartphones in boost for Apple
Asia|Business|Technology

Japan's Nidec lifts annual profit outlook after Q1

Japanese electric motor maker Nidec raised its full-year operating profit forecast by 4.3% on Tuesday off the back of a recovery in demand for hard drive motors, efforts to raise its

Japan's Nidec lifts annual profit outlook after Q1
Business|Technology

Beazley says has no plans to change guidance after mass IT outage

Insurer Beazley said on Tuesday it had no plans to alter its guidance in the wake of Friday's global IT glitch, which crashed an estimated 8.5 million Windows-operated devices,

Beazley says has no plans to change guidance after mass IT outage
Business|Technology

Data center firm Equinix enters the Philippines, eyes on Southeast Asia

Equinix has acquired three data centers in the Philippines from Total Information Management to expand its presence in the high growth potential region of Southeast Asia, the global data

Data center firm Equinix enters the Philippines, eyes on Southeast Asia
Business|Finance|Technology

Cybersecurity firm Wiz calls off $23 billion deal with Google, memo says

Israeli cybersecurity startup Wiz has ended talks with Google-parent Alphabet on a reported $23 billion deal that would have made it the U.S. tech giant's largest-ever acquisition,

Cybersecurity firm Wiz calls off $23 billion deal with Google, memo says
Business|Finance|Technology

Computer parts maker Logitech lifts outlook after upbeat quarter

Computer mouse maker Logitech International raised its full-year sales and profit outlook on Tuesday, after a strong performance across nearly all product categories

Computer parts maker Logitech lifts outlook after upbeat quarter
Business|Technology

Google scraps plan to remove cookies from Chrome

Google is planning to keep third-party cookies in its Chrome browser, it said on Monday, after years of pledging to phase out the tiny packets of code meant to track users on the internet.

Google scraps plan to remove cookies from Chrome
Business|Finance|Technology

Chip design software firm Cadence forecasts third-quarter results below estimates

Chip design software maker Cadence Design Systems forecast third-quarter revenue and profit below Wall Street estimates on Monday, indicating stiff competition from rival Synopsys.

Chip design software firm Cadence forecasts third-quarter results below estimates

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