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Ericsson’s quarterly operating profit declines, beats expectations

Ericsson’s quarterly operating profit declines, beats expectations

LONDON (Reuters) – Sweden’s Ericsson reported a 62% fall in second-quarter adjusted operating profit on Friday, slightly b..

Exclusive-Canada unfreezes talks with Turkey on export controls after NATO move-source

Exclusive-Canada unfreezes talks with Turkey on export controls after NATO move-source

ANKARA (Reuters) -Canada has unfrozen talks with Turkey on lifting export controls on drone parts after Ankara gave its nod for Sweden..

Bosch ups investment in hydrogen, begins fuel-cell power module production

Bosch ups investment in hydrogen, begins fuel-cell power module production

BERLIN (Reuters) – German auto supplier Bosch will invest almost 2.5 billion euros ($2.8 billion) in hydrogen fuel cell technolo..

Elon Musk thinks China is interested in an international AI framework

Elon Musk thinks China is interested in an international AI framework

WASHINGTON (Reuters) -Billionaire Elon Musk said on Wednesday he thinks China is interested in a cooperative international framework o..

UK’s Domino’s Pizza Group names new CEO

UK’s Domino’s Pizza Group names new CEO

(Reuters) -Domino’s Pizza Group said on Thursday Andrew Rennie, who has served as the Europe chief for a major franchise operato..

Discount retailer Pepco’s sales growth slows

Discount retailer Pepco’s sales growth slows

LONDON (Reuters) -European discount retailer Pepco Group reported a slowdown in underlying sales growth in its latest quarter on Thurs..

Big companies toughen banking partner screening after crisis – survey

Big companies toughen banking partner screening after crisis – survey

NEW YORK (Reuters) – Large companies are spreading out their counterparty risk and increasing screening of their banking partner..

Wall Street cheers cool CPI with stock rally; dollar, yields decline

Wall Street cheers cool CPI with stock rally; dollar, yields decline

(Reuters) -Wall Street stocks advanced on Wednesday and the dollar and Treasury yields fell after new U.S. inflation data showed a slo..

British digital bank Monzo in talks to buy Nordic lender Lunar

British digital bank Monzo in talks to buy Nordic lender Lunar

LONDON (Reuters) – British digital bank Monzo is in early stage discussions about a potential acquisition of Nordic lender Lunar..

Germany more flexible on hydrogen transition, emphasises speed – draft

Germany more flexible on hydrogen transition, emphasises speed – draft

FRANKFURT (Reuters) – Germany is set to hold on to its hydrogen economy goals up to 2030 and beyond while pressing for speed and..