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Exclusive-SoftBank’s Arm China Lays Off Workers As Outlook Grim -Sources

SoftBank Group Corp’s chip technology firm Arm Ltd’s China joint venture laid off 90-95 employees last week to cope with a...

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Exclusive-Intel Weighs Boost To Investment In Vietnam Chip Packaging Plant -Sources

Intel Corp is considering a significant increase in its existing $1.5-billion investment in Vietnam to expand its chip testing and...

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Australia’s Central Bank Revises Up Inflation Forecasts As Further Rate Hikes Flagged

Australia’s central bank on Friday revised up its forecasts for core inflation and wages growth and warned of further increases in...

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AstraZeneca Q4 Core Earnings Beat Estimates Despite Esing COVID Vaccine Demand

AstraZeneca PLC (LON:AZN) posted better-than-expected core income in the fourth quarter, thanks to strong demand for its cancer and rare...

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Oil Cools After 3-Day Rally Amid Fed Uncertainty, U.S. inventory Build

Oil prices were muted on Thursday as hawkish comments from Federal Reserve officials supported the dollar and brewed some concerns over...

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Carlsberg Expects Lower Beer Consumption To Hit 2023 Growth

Danish brewer Carlsberg (OTC:CABGY) on Tuesday forecast organic operating profit growth in 2023 below last year’s level as higher...

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Economy

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Dow Futures Little Changed, Chegg Tanks 21.5% After Earnings

U.S. stock futures were trading in a tight range during Monday’s evening deals, after major benchmark averages finished the regular...

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Economy

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Taiwan Exports Seen Contracting For Fifth Straight Month in January: Reuters Poll

Taiwan’s exports in January likely fell for the fifth month in a row amid fears of a global recession, uncertainties due to the war...

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Economy

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Oil Prices Creep Higher As IEA Flags Chinese Demand Recovery

Oil prices rose slightly on Monday tracking optimistic comments on a recovery in Chinese demand from the International Energy Agency,...

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Hackers Who Breached ION Say Ransom Paid; Company Declines Comment

The hackers who claimed responsibility for a disruptive breach at financial data firm ION say a ransom has been paid, although they...

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