Author Archives: Syndicated Content
Infineon forecasts strong rebound in year ahead from coronavirus slump
BERLIN (Reuters) - German chipmaker Infineon forecast that revenue would grow by nearly 23% in the year ahead as it reported fiscal fourth quarter results on Monday that were in line with analyst esti...
Nov 09, 2020
French economy operating down 12% under new lockdown: central bank
PARIS (Reuters) - France's economic activity is 12% lower than normal this month after the country entered a coronavirus lockdown for the second time this year, the central bank said on Monday. The go...
Nov 09, 2020
Utah governor declares new state of emergency as coronavirus spreads
(Reuters) - The governor of the U.S. state of Utah, Gary Herbert, declared late on Sunday a new state of emergency to address hospital overcrowding in response to weeks of stress on its hospital netwo...
Nov 09, 2020
Julius Baer agrees in principal to settle FIFA corruption case
ZURICH (Reuters) - Julius Baer has made an agreement with the U.S. Department of Justice to settle allegations over its role in corruption surrounding soccer body FIFA, the private bank said on Monday...
Nov 09, 2020
SoftBank Vision Fund’s portfolio back above cost price
TOKYO (Reuters) - SoftBank Group Corp said on Monday its $100 billion Vision Fund's portfolio has recovered to above acquisition price as the fund benefits from a broader upswing in tech valuations. V...
Nov 09, 2020
U.S. policy direction may not become clear until spring: German minister
BERLIN (Reuters) - German Economy Minister Peter Altmaier told broadcaster Deutschlandfunk on Monday that he was concerned uncertainty in the United States would continue for months and it would not b...
Nov 09, 2020
South Korea’s Moon says will ensure no gap in the U.S. alliance
SEOUL (Reuters) - South Korea's President Moon Jae-in said on Monday the country will ensure there is no gap in the alliance with the United States and the process of building peace on the Korean peni...
Nov 09, 2020
India’s Tata Group launches test kits to detect COVID-19
NEW DELHI (Reuters) - Tata Medical and Diagnostics, the healthcare unit of India's Tata Group, launched its COVID-19 test kit on Monday which will be made available at laboratories and hospitals from ...
Nov 09, 2020
Apple says Pegatron put on probation after violating supplier code of conduct
SHANGHAI (Reuters) - Apple has put its Taiwanese supplier Pegatron on probation after finding that the company violated Apple's supplier code of conduct, the iPhone manufacturer said on Monday. "Sever...
Nov 09, 2020
Key Japan indicator rises for fourth month in September, outlook index jumps
By Daniel Leussink TOKYO (Reuters) - A key Japanese economic indicator improved for the fourth straight month in September, suggesting relief is at hand for an economy still feeling the drag from the ...
Nov 09, 2020
