Infineon bets on AI boom to spur more lucrative chip sales
FRANKFURT (Reuters) – Germany’s Infineon is banking on a boom in artific..
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ABB picks electrification chief Wierod as CEO
ZURICH (Reuters) -ABB appointed Morten Wierod as chief executive on Friday, replacin..
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Stocks bask in tech mania, Nvidia boom
SYDNEY (Reuters) -Global stock markets are on course on Friday for a week of heady g..
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StanChart lowers income target, launches $1 billion share buyback as profit jumps 18%
HONG KONG/LONDON (Reuters) -Standard Chartered PLC on Friday rewarded shareholders w..
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Allianz nearly doubles Q4 net profit, helped by health and life business
FRANKFURT (Reuters) -Germany’s Allianz nearly doubled its fourth-quarter net p..
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BASF dials up cost cuts in Germany, flags earnings rebound
FRANKFURT (Reuters) -Germany’s BASF will slash another 1 billion euros ($1.1 b..
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ECB reports record loss for 2023 as rate hikes bite
FRANKFURT (Reuters) – The European Central Bank on Thursday reported a record ..
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China’s Xpeng signs partnership with UAE’s Ali&Sons, eyes Italian market
BEIJING (Reuters) – China’s Xpeng on Thursday said it has established a ..
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As Nikkei eclipses 34-year record, derivatives signal stall ahead
TOKYO (Reuters) – As Japan’s Nikkei catapults past its bubble-era peak a..
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TotalEnergies Texas refinery running at minimal rates, say sources
HOUSTON (Reuters) -TotalEnergies’ 238,000-barrel-per-day (bpd) refinery in Por..
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