Article content Telecom Italia (TIM) has become the first junk-rated European company to tap debt markets after the recent banking turmoil, raising 400 million euros through a sale of a new tranche of an existing bond due in 2028. Dogged by stiff price competition in its domestic market, TIM is seeking to restructure its operations […]
Article content BEIJING — Chinese search engine Baidu on Monday shared pre-recorded videos of its AI-powered chatbot Ernie summarizing financial statements and producing powerpoint presentations, among other industry-focused capabilities. According to images shared by a Baidu spokesperson in a media-facing group on WeChat, China’s most widely used messaging service, the Chinese chatbot has a wider […]
Article content TAIPEI — Germany’s education minister said on Wednesday that she was on a “normal work trip” to Taiwan to seek collaboration with partners that share similar challenges, a visit China has condemned as “vile.” China views democratically governed Taiwan as its own territory and has ramped up military, political and economic pressure to […]
Article content TAIPEI — Taiwan’s export orders in February shrank for a sixth straight month, though at a slower pace, dragged down by China and as global demand continued to be squeezed by inflation and interest rate hikes. The island’s export orders, a bellwether for global technology demand, fell 18.3% from a year earlier to […]
Article content Hong Kong — China and Hong Kong stocks widened their losses on Thursday, weighed by new energy and oil stocks, as Swiss regulators’ unprecedented move to pledge a liquidity lifeline to top lender Credit Suisse stoked fears of a banking crisis. ** China’s blue chip CSI300 Index was down 1.2%, lowest since Jan. […]
Article content SAN FRANCISCO — Self-driving trucking startup Gatik will double its workforce by year end, a top executive said, after it announced a deal on Wednesday with grocer Kroger Co to transport goods within its Dallas, Texas network. Gatik, which operates traditional mid-sized trucks fitted with its autonomous technology, aimed to expand to 15 […]
Article content SAN FRANCISCO — Self-driving trucking startup Gatik will double its workforce by year end, a top executive said, after it announced a deal on Wednesday with grocer Kroger Co to transport goods within its Dallas, Texas network. Gatik, which operates traditional mid-sized trucks fitted with its autonomous technology, aimed to expand to 15 […]
Breadcrumb Trail Links PMN Technology PMN Business Author of the article: Reuters Yew Lun Tian and Laurie Chen and Joe Cash Published Mar 11, 2023 • 5 minute read Join the conversation Article content BEIJING — Four years before Li Qiang gained notoriety as the force behind the two-month COVID-19 lockdown of Shanghai, the man […]
Breadcrumb Trail Links PMN Technology PMN Business Author of the article: Reuters Martin Coulter Published Mar 06, 2023 • 3 minute read Join the conversation Article content LONDON — Snapchat is kicking dozens of children in Britain off its platform each month compared with tens of thousands blocked by rival TikTok, according to internal data […]
Breadcrumb Trail Links PMN Technology PMN Business Author of the article: Reuters Alexandra Alper Published Mar 03, 2023 • 3 minute read Join the conversation Article content WASHINGTON — U.S. chipmaker Nvidia Corp’s plans to sell technology to China’s Huawei would be thwarted if the U.S. government proceeds with a proposal to further restrict shipments […]