Strong U.S. demand and AI helps Sorrell’s S4 to navigate tougher environment
LONDON (Reuters) – Martin Sorrell’s S4 Capital said artificial intelligence (AI) was helping the advertising group to become more efficient…
May 2023
TSMC says it’s working hard to control costs, lifted partly by Ukraine war
By Sarah Wu TAIPEI (Reuters) – Taiwanese chipmaker TSMC said on Thursday that while war in Ukraine has impacted the…
China says it will resolutely object if U.S. curbs investment in semiconductor industry
BEIJING (Reuters) – China will resolutely object if the U.S. restricts its firms from investing in Chinese semiconductor industry, said…
Italian bonds face a raft of challenges as credit ratings loom
By Harry Robertson LONDON (Reuters) – Italian bonds face a rockier road in the coming months after a period of…
Yellen highlights common goals with Brazil on climate, development
By Andrea Shalal NIIGATA, Japan (Reuters) – U.S. Treasury Secretary Janet Yellen highlighted the fight against climate change and other…
Germany’s Merck Flags Decline In Operating Profit Of Up To 10% In 2023
By Ludwig Burger FRANKFURT (Reuters) – Germany’s Merck KGaA on Thursday warned that adjusted operating earnings could decline by as…
Germany’s Merck flags decline in operating profit of up to 10% in 2023
By Ludwig Burger FRANKFURT (Reuters) – Germany’s Merck KGaA on Thursday warned that adjusted operating earnings could decline by as…
Japan’s Subaru sets out targets for EV push over five years
TOKYO (Reuters) – Japanese automaker Subaru Corp laid out targets for selling and making battery electric vehicles (EVs) on Thursday,…
Deutsche Telekom slightly raises 2023 profit outlook
BERLIN (Reuters) – Deutsche Telekom slightly raised its full-year operating profit target on Thursday after reporting a small bump in…
China, France agree to strengthen economic ties
PARIS/BEIJING (Reuters) – French Foreign Minister Catherine Colonna and her Chinese counterpart Qin Gang agreed on the need to “develop…