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 […]
Article content MOSCOW — Sanctioned Russian digital lender Tinkoff Bank said on Thursday its mobile applications had been deleted from Apple’s App Store, following the imposition of European Union sanctions last week. Tinkoff, owned by TCS Group Holding, was included in the EU’s tenth package of sanctions against Russia outlined last week as the latest […]
Breadcrumb Trail Links PMN Technology PMN Business Author of the article: Reuters Tim Cocks Published Mar 01, 2023 • 3 minute read Join the conversation Article content LAGOS — For much of his political career, Nigerian President-elect Bola Tinubu has exerted power from behind the scenes, widely regarded as a “godfather” who uses an extensive […]
Breadcrumb Trail Links PMN Technology PMN Business Author of the article: Reuters Niket Nishant and Anirban Sen and Milana Vinn Published Feb 13, 2023 • 3 minute read Join the conversation Article content Banking and payments processing conglomerate Fidelity National Information Services Inc took a $17.6 billion write-down on its merchant business as it unveiled […]