/cloudfront-us-east-2.images.arcpublishing.com/reuters/M3EF7NZBGVKIFJATCGWVHTCHS4.jpg)
DUBAI, Dec 5 – When temperatures climbed north of 40 degrees Celsius (104 degrees Fahrenheit) in Seville during this summer’s crushing heatwave in Europe, air conditioning use jumped 23% in the southern Spanish city compared to how many hours ACs ran during the same period in 2022. Lisbon’s average AC use, too, went up by … Read more
/cloudfront-us-east-2.images.arcpublishing.com/reuters/7R4PC4XMPRNBXPDAELUR4BHA6I.jpg)
A view shows the Milan stock exchange building, as stocks slid in the first hours of trading after fears that the collapse of Silicon Valley Bank could trigger a broader financial crisis, in Milan, Italy, March 13, 2023. REUTERS/Claudia Greco Acquire Licensing Rights MILAN, Nov 10 (Reuters Breakingviews) – Italy is scrambling to make its … Read more
/cloudfront-us-east-2.images.arcpublishing.com/reuters/HZMRUYQ2LBNUHKMMUH6WTUOV3Y.jpg)
Miniatures of windmill, solar panel and electric pole are seen in front of Siemens Energy logo in this illustration taken January 17, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing Rights BERLIN, Nov 8 (Reuters) – Siemens Energy (ENR1n.DE) expects more than 1 billion euros ($1.1 billion) in revenues mid-term from its hydrogen electrolyser manufacturing business, one … Read more
BENGALURU, Nov 3 (Reuters) – India’s Raymond (RYMD.NS) said on Friday it would pay 6.82 billion rupees ($82 million) for a majority stake in an auto parts maker, doubling down on its shift away from its once mainstay textiles business into engineering and real estate. Raymond said it will buy a 59.25% stake in Maini … Read more
/cloudfront-us-east-2.images.arcpublishing.com/reuters/GQF3FCXMRBMP7DGK376YZMI5NI.jpg)
The logo of SK Hynix is seen at its headquarters in Seongnam, South Korea, April 25, 2016. REUTERS/Kim Hong-Ji/File Photo Acquire Licensing Rights SEOUL, Oct 26 (Reuters) – South Korea’s SK Hynix (000660.KS) said a boom in artificial intelligence will drive chip profits after posting a sharply narrower third quarter loss than it did in … Read more
/cloudfront-us-east-2.images.arcpublishing.com/reuters/LFBGWY3GZJLHDFHSQCLPWCG73E.jpg)
Logo of Swiss manufacturer Schindler is seen at an elevator in Zurich, Switzerland February 17, 2021. REUTERS/Arnd Wiegmann/File Photo Acquire Licensing Rights Expects 2023 net profit at 880 mln-910 mln francs Expects 2023 revenue growth of 6%-8% Shares seen up 1.4% in Julius Baer pre-market Q3 net profit at 228 mln francs Oct 19 (Reuters) … Read more
/cloudfront-us-east-2.images.arcpublishing.com/reuters/HZN3YBA4MVJTBDNQAKJGCL2BN4.jpg)
Venezuela’s President Nicolas Maduro speaks during a meeting with Iranian President Ebrahim Raisi at the Miraflores Palace, in Caracas, Venezuela June 12, 2023. REUTERS/Leonardo Fernandez Viloria/File Photo Acquire Licensing Rights WASHINGTON, Oct 18 (Reuters) – The Biden administration on Wednesday broadly eased sanctions on Venezuela’s oil sector in response to a deal reached between the … Read more
/cloudfront-us-east-2.images.arcpublishing.com/reuters/UUPZIZAIX5NKTJE52HO65HWC3E.jpg)
Best quarterly profit so far this year Shares open 3.3% higher Memory chip prices likely hit bottom in Q3-analysts SEOUL, Oct 11 (Reuters) – Samsung Electronics (005930.KS) on Wednesday said its preliminary third-quarter profit dropped by a smaller-than-expected 78%, as the battered memory chip market shows early signs of recovering from a severe downturn. Samsung … Read more
Bid is latest after multiple offers to buy Hollysys Deutsche Bank to solicit additional potential offers Shares have gained 20.8% year-to-date Oct 2 (Reuters) – China’s Hollysys Automation Technologies , which makes automation and control systems, said on Monday it had set up a committee to consider a $1.55 billion takeover offer from a consortium … Read more
/cloudfront-us-east-2.images.arcpublishing.com/reuters/6S55XFUNFFPRHKCC5ICZNP4T3Y.jpg)
Employee buses enter the Pegatron facility near Chennai, India, March 7, 2023. REUTERS/Praveen Paramasivam/File Photo Acquire Licensing Rights CHENNAI, Sept 25 (Reuters) – Apple (AAPL.O) supplier Pegatron has told its factory workers not to report for work on Tuesday, halting the assembly of iPhones for a second straight day at its south India factory where … Read more