Micron Technology Inc on Wednesday beat Wall Street estimates for quarterly profit and forecast fourth-quarter revenue above expectations, as a worldwide shift to remote work and rising 5G smartphone adoption spurred demand for its chips.
More Americans signed contracts to buy homes in May, a surprising rebound after months of cooling in the housing market, where lack of inventory has pushed prices to record levels.
Argentine energy firm Compañía General de Combustibles (CGC) said on Wednesday it had acquired the local operation of China's Sinopec Group, helping it increase its production to over 50,000 barrels of oil equivalent per day.
A blockchain-based token representing the original source code for the World Wide Web written by its inventor Tim Berners-Lee sold for US$5.4 million at Sotheby's in an online auction on Wednesday, the auction house said.
ZURICH: Switzerland's no.3 telecoms group Salt is preparing for a Zurich stock market flotation in the autumn in a deal that could value the company at about 2.5 billion Swiss francs (US$2.7 billion), three people close to the matter said. French entrepreneur Xavier Niel is seeking an exit after...
BARCELONA: Veon wants to focus on 4G deployment for the next three years before rolling out 5G, its chief executive said on Wednesday, a strategy in stark contrast to the bleeding edge aspirations of other telecom operators gathered at the Mobile World Congress. The vast majority of operators ......
Payments giant PayPal Holdings said on Wednesday it had appointed Enrique Lores, chief executive officer of HP, to its board of directors, effective Jun 29.
ZURICH: Switzerland's no.3 telecoms group Salt is preparing for a Zurich stock market flotation in the autumn in a deal that could value the company at about 2.5 billion Swiss francs (US$2.7 bln), three people close to the matter said. French entrepreneur Xavier Niel is seeking an exit after...
Chinese ride-hailing giant Didi Global Inc shares jumped nearly 19per cent in their New York debut on Wednesday, valuing the SoftBank-backed company at US$80 billion and marking the biggest U.S. listing by a Chinese company since 2014.
Sweden's Volvo Cars on Wednesday (Jun 30) laid out an extensive road map to becoming a fully electric car maker by 2030, including plans to sell 600,000 battery electric vehicles at mid-decade and build a European battery gigafactory in 2026.
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