Author Archives: Syndicated Content
Apple supplier Foxconn’s fourth-quarter profit slips, lags view
TAIPEI - Foxconn, the world's largest contract electronics maker, posted on Tuesday a lower fourth-quarter profit that lagged expectations despite strong iPhone 12 sales and pandemic-led demand for te...
Mar 30, 2021
Turkey removes deputy central bank governor: Official Gazette
ISTANBUL (Reuters) - Turkish deputy central bank governor Murat Cetinkaya has been removed from his post, according to a presidential decree published in the Official Gazette on Tuesday. Mustafa Duman...
Mar 30, 2021
Novartis says Kesimpta gets EU approval in multiple sclerosis
ZURICH (Reuters) - Novartis AG said on Tuesday Kesimpta (ofatumumab) has won European Union approval as the first and only self-administered, targeted B-cell therapy for adult patients with relapsing ...
Mar 30, 2021
Samsung Electronics says Texas chip production close to normal levels
SEOUL (Reuters) - Samsung Electronics' U.S. chip plant at Austin, Texas has reached production close to normal levels as of last week, a company spokesman said on Tuesday. Samsung and other chipmakers...
Mar 30, 2021
Australia’s COVID-19 weary tourism operators count cost of floods
By Stefica Nicol Bikes PORT MACQUARIE, Australia (Reuters) - For Carol Curry, manager of the Marina Holiday Park, 330 km (205 miles) north of Sydney, the Easter long weekend and school holidays were t...
Mar 30, 2021
Teamviewer in five-year sponsorship deal with Mercedes F1 and FE teams
BERLIN (Reuters) - German software company Teamviewer said on Tuesday that it had struck a five-year sponsorship deal with the Mercedes Formula 1 and Formula E teams, following its recent shirt deal w...
Mar 30, 2021
China approves sweeping electoral shake-up for Hong Kong: HK politician
BEIJING (Reuters) - Beijing approved a sweeping overhaul of Hong Kong's electoral system on Tuesday, a senior politician who works with China's parliament on matters relating to the former British col...
Mar 30, 2021
Roche’s Evrysdi wins EU approval for spinal muscular atrophy
ZURICH (Reuters) - Roche's Evrysdi has won approval from the European Commission as the first and only at-home treatment for spinal muscular atrophy (SMA), the Swiss drugmaker said on Tuesday. It has ...
Mar 30, 2021
Malaysia’s AirAsia shares slide after record quarterly loss
KUALA LUMPUR (Reuters) - Shares in AirAsia Group Bhd fell in morning trade on Tuesday, as analysts lowered earnings forecasts after the Malaysian budget airline group posted its record quarterly loss....
Mar 30, 2021
Analysis: Debacle at Archegos throws excessive risk-taking into spotlight
By Saqib Iqbal Ahmed NEW YORK (Reuters) - Highly leveraged Archegos Capital's downfall is the latest signal of investors' hunger for risk-taking being far from satiated even after a run that has lifte...
Mar 30, 2021
