[ad_1] LONDON (Reuters) – British Steel, the country’s second largest steel producer, has collapsed after failing to secure emergency government funding, jeopardising some 25,000 jobs, Britain’s Official Receiver said on Wednesday. A British Steel works
U.S. judge hammers Qualcomm in antitrust case, shares sink 13%
[ad_1] (Reuters) – Qualcomm Inc used unlawful, anticompetitive practices to license patents for modems used in mobile phones, a judge has ruled in a case brought by the U.S. trade regulator, ordering it to renegotiate
Prepare for difficult times, China’s Xi urges as trade war simmers
[ad_1] BEIJING/WASHINGTON (Reuters) – China must prepare for difficult times as the international situation is increasingly complex, President Xi Jinping said in comments carried by state media on Wednesday, as the U.S.-China trade war took
Thyssenkrupp supervisory board leaves room for elevator sale: sources
[ad_1] FRANKFURT/DUESSELDORF, Germany (Reuters) – Thyssenkrupp’s supervisory board has left the door open for a potential sale of the group’s elevator unit, which CEO Guido Kerkhoff prefers should be listed on the stock exchange, two
Nifty, Sensex to climb a bit more if Modi wins decisively: Reuters poll
[ad_1] BENGALURU (Reuters) – Indian shares will reach a new record high by end-year, a Reuters poll of strategists showed, building on an election-driven rally in which investors have bet the ruling party will retain
Wirecard teams up with India to issue PAN cards
[ad_1] The headquarters of Wirecard AG, an independent provider of outsourcing and white label solutions for electronic payment transactions is seen in Aschheim near Munich, Germany April 25, 2019. REUTERS/Michael Dalder/Files FRANKFURT (Reuters) – German
Steely ambition: China’s Baowu eyes moving blast furnaces to Cambodia
[ad_1] BEIJING (Reuters) – China’s top steel maker Baowu Group is studying plans to relocate blast furnaces from remote Xinjiang to Cambodia in a bold example of China’s heavy industry shifting excess capacity overseas, a
Britain’s M&S shows pain of latest turnaround with 10% profit fall
[ad_1] Pedestrians walk past an M&S shop in northwest London July 8, 2014. REUTERS/Suzanne Plunkett/Files LONDON (Reuters) – Britain’s Marks & Spencer reported a 10% fall in full-year profit, a third straight decline, along with
Global Markets: Asia stocks grapple with trade anxiety even as Huawei gets reprieve
[ad_1] TOKYO (Reuters) – Asian stocks struggled for traction on Wednesday, as relief over Washington’s temporary relaxation of curbs against China’s Huawei Technologies failed to offset deeper worries about an intensifying trade war between the
Exclusive: Walmart to make first direct pitch to big corporate ad buyers at New York event
[ad_1] WASHINGTON (Reuters) – Walmart Inc will meet large consumer goods companies and advertising firms for the first time in New York next week to pitch its advertising business, as the world’s largest retailer aims