Nokia chair to step down, AI push supports Q4 profit
Jan 29 (Reuters) – Finland’s Nokia (NOKIA.HE), opens new tab said on Thursday that longtime chair Sari Baldauf…
Investors punish Big Tech AI spending that delivers slower growth
Jan 29 (Reuters) – Investors responded to Big Tech earnings this week with a stark warning: they will…
Strong iPhone sales to power Apple’s holiday quarter, Google AI deal in focus
iPhone revenue expected to rise 13.6% in fiscal first quarter Apple leads global smartphone market with 20% share…
Chinese industrial profit rises in 2025, first time in four years
Industrial profit rises 0.6% on year, first increase since 2021 Government call to end price wars eased earnings…
Intel struggles to meet AI data center demand, shares drop 13%
CEO Tan focuses on cost-cutting and new product road map Intel’s new manufacturing tech faces yield challenges, affecting…
UK grocers begin to feel impact of appetite-suppressing drugs
LONDON, Jan 9 (Reuters) – Britain’s major food retailers are beginning to feel the impact of a new…
Foxconn’s Q4 revenue jumps 22% to record high on AI demand
Item 1 of 2 A wheeled AI industrial humanoid robot is on display at Foxconn’s annual tech day…
New Fed projections to reset economic outlook after volatile year
Projections to set baseline for Powell’s successor, show potential for further rate cuts Inflation, affordability issues remain unresolved…
Adobe sees upbeat annual results on AI, design software strength
Dec 10 (Reuters) – Adobe (ADBE.O), opens new tab forecast fiscal 2026 revenue and profit above Wall Street…
Strong start to online holiday shopping masks signs of a fragile U.S. consumer
Item 1 of 3 A holiday sale sign is displayed in a window at an outlet mall in…
South Africa’s Eskom sees annual profit matching last year’s after strong first half
JOHANNESBURG, Nov 28 (Reuters) – South African state power utility Eskom said on Friday that it expected this…
China’s Baidu starts layoffs after reporting third-quarter loss – sources
BEIJING/SHANGHAI, Nov 28 (Reuters) – China’s Baidu (9888.HK), opens new tab started layoffs this week that will hit…