Article content PARIS — The head of carmaker Stellantis , Carlos Tavares, expects the semiconductor supply chain to remain tight until the end of next year, he said in an interview published on Sunday in French newspaper Le Parisien. “The situation will remain very complicated until the end of 2023, then will ease a little,” […]
Article content LONDON — HSBC will undertake a review of whether to keep its global headquarters in London’s Canary Wharf financial district, according to a memo sent to staff and seen by Reuters on Thursday. The bank said it had decided to undertake a review “of the best future location in London” ahead of its […]
Breadcrumb Trail Links PMN Technology PMN Business Author of the article: Reuters Giulio Piovaccari and Giuseppe Fonte Article content ROME — Mario Draghi’s outgoing government and Intel have picked the town of Vigasio in the northeastern Veneto region as their preferred site for a new multibillion-euro chip factory in Italy, two people familiar with the […]
Article content STOCKHOLM — Ericsson said on Friday it is only providing software and technical support to Russian clients and has not sold any telecommunications equipment to mobile operators there since the Ukraine war started, after Swedish media reported the company had continued its exports. Shares of the company fell 4% in morning trading. Article […]
Article content Bitcoin on Sunday dropped 1.54% to $19,804, slipping from the 20,000 mark after losing $310 from its previous close. The world’s biggest and best-known cryptocurrency is down 58.9% from the year’s high of $48,234 on March 28. Article content Ether, the coin linked to the ethereum blockchain network, dropped 3.2 % to $1,422.1 […]
Article content TAIPEI — A 6.8 magnitude earthquake hit the sparsely populated southeastern part of Taiwan on Sunday, the island’s weather bureau said, derailing train carriages, causing a convenience store to collapse and trapping hundreds on mountain roads. The weather bureau said the epicenter was in Taitung county, and followed a 6.4 magnitude temblor on […]
Article content Executives behind a blank-check company Digital World Acquisition Corp that plans to take Donald Trump’s media business public have failed to pay their proxy solicitors, The Financial Times reported on Saturday. https://on.ft.com/3BpVjal Digital World Acquisition Corp, set up by Patrick Orlando, has not paid Saratoga Proxy Consulting for its work helping to rally […]
Article content HSINCHU — Taiwanese chipmaker Macronix International Co Ltd is “doing very well” in replacing customers after the Trump administration’s ban on supplying China’s Huawei, its chairman said on Friday. In August 2020 the Trump administration expanded its curbs on Huawei and banned suppliers from selling chips made using U.S. technology to the Chinese […]
Breadcrumb Trail Links PMN Technology PMN Business Author of the article: Reuters Foo Yun Chee Article content LUXEMBOURG — Google suffered one of its biggest setbacks on Wednesday when a top European court fined it 4.125 billion euros ($4.13 billion) for using its Android mobile operating system to thwart rivals, offering a precedent for other […]
Article content BRUSSELS — EU antitrust regulators said on Wednesday that they would study the General Court’s ruling backing their decision against Alphabet’s Google before deciding on possible next steps. Europe’s second top court largely agreed with the European Commission’s arguments but trimmed the fine by 5% to 4.125 billion euros because it disagreed with […]