Author Archives: Syndicated Content
Engine maker Cummins takes $158 million charge over operations halt in Russia
(Reuters) - U.S. truck engine maker Cummins Inc said on Tuesday it took a $158 million charge in the first quarter related to its suspension of operations in Russia. Cummins said the charge included i...
May 03, 2022
Samsung signs deal with Dish for 5G radios, phones
By Supantha Mukherjee (Reuters) - Samsung has signed a multi-year deal to sell equipment to Dish for its upcoming 5G network in the United States, one of the largest radio deals for the South Korean c...
May 03, 2022
CNH tops operating profit forecast in Q1 despite Ukraine headwinds
MILAN (Reuters) - Agricultural and construction machine maker CNH Industrial said on Tuesday its operating profit grew 9% in the first quarter thanks to a "healthy" demand despite headwinds including ...
May 03, 2022
VW embeds Qualcomm chips in autonomous driving software plans
FRANKFURT (Reuters) - Volkswagen's Cariad on Tuesday said it will source chips from U.S. semiconductor maker Qualcomm to develop autonomous driving software, which the German carmaker has made the bac...
May 03, 2022
Motorcycling-Suzuki cannot unilaterally quit MotoGP, says Dorna
(Reuters) - MotoGP promoters Dorna Sports have contacted Suzuki following reports the Japanese manufacturer will quit the premier class at the end of the season, reminding them on Tuesday that their c...
May 03, 2022
Brazil plans ‘fertilizer diplomacy’ trip to N.Africa, Jordan to secure more imports
By Roberto Samora and Ana Mano SAO PAULO (Reuters) - Brazil's new agriculture minister Marcos Montes will visit Jordan, Egypt and Morocco in a tour starting this week to discuss increasing fertilizer ...
May 03, 2022
EU body sets out draft sustainability disclosure standards
By Huw Jones LONDON (Reuters) - Companies will have to set a much broader range of sustainability targets under draft new European Union reporting standards, environmental impact body CDP said on Tues...
May 03, 2022
Elliott offers $1 billion to help separate Western Digital’s Flash business
(Reuters) - Activist investor Elliott Investment Management urged Western Digital Corp on Tuesday to separate its Flash business and offered to invest $1 billion to facilitate a sale or a spin-off of ...
May 03, 2022
Bayer wins U.S. priority review of drug against metastatic prostate cancer
FRANKFURT (Reuters) - Bayer's Nubeqa drug won priority review status from the U.S. Food and Drug Administration, as the German drugmaker seeks to widen the use of the prostate cancer drug from an earl...
May 03, 2022
Central Chinese city of Zhengzhou imposes new COVID movement curbs for May 4-10
BEIJING (Reuters) - The central Chinese city of Zhengzhou announced on Tuesday it would impose new COVID-related movement curbs for May 4-10. Schools in the main city district will go online, while em...
May 03, 2022
