Bharti Airtel founder Mittal in talks to buy 49% stake in Haier India, Bloomberg News reports
A Haier sign is seen at its booth during the Aquatech China exhibition in Shanghai, China June 1, 2018. Picture taken June 1, 2018. REUTERS A Bharti Airtel office building is pictured in Gurugram, previously known as Gurgaon, on the outskirts of New Delhi, India April 21, 2016. REUTERS May 9 (Reuters) – Sunil […]
Stocks jump in Japan, Taiwan on trade optimism; bitcoin soars
Men stand in front of an electronic stock quotation board inside a builidng in Tokyo, Japan April 8, 2025. REUTERS Summary U.S. deal with UK is first since Trump’s tariff pause U.S. officials to meet with Chinese negotiators on Saturday Bitcoin leaps to highest since January; gold falls for third […]
China’s exports top forecasts helped by foreign rush to beat tariffs
A China Shipping container is seen at the port of Oakland, as trade tensions escalate over U.S. tariffs with China, in Oakland, California, U.S., April 10, 2025. REUTERS Summary April exports growth slows, but still faster than expected Helped by demand from markets rushing to beat Trump tariff pause China, […]
Mitsubishi Heavy sees 10% operating profit growth this year on robust defence demand
The logo of Mitsubishi Heavy Industries is seen at the company headquarters in Tokyo, Japan December 8, 2022. REUTERS TOKYO, May 9 (Reuters) – Japan’s Mitsubishi Heavy Industries (MHI) (7011.T) on Friday projected a 9.6% growth in operating profit this year on robust defence demand without weaving in impact of U.S. tariffs, after its fiscal 2024-25 earnings […]
Commerzbank posts surprise profit increase as it fends off UniCredit
A company logo is pictured at the headquarters of Germany’s Commerzbank AG in Frankfurt, Germany, February 13, 2020. REUTERS FRANKFURT, May 9 (Reuters) – Germany’s Commerzbank (CBKG.DE), fending off a possible takeover by Italy’s UniCredit (CRDI.MI), said on Friday that net profit rose nearly 12% in the first quarter, defying expectations for a drop. Net profit of 834 […]
Exclusive: Nvidia modifies H20 chip for China to overcome US export controls, sources say
Nvidia logo is seen in this illustration taken, January 27, 2025. REUTERS BEIJING, May 9 (Reuters) – Nvidia plans to release a downgraded version of its H20 artificial intelligence chip for China in the next two months, following U.S. export restrictions on the original model, three sources familiar with the matter told Reuters. The U.S. […]
Exclusive: Pakistan’s Chinese-made jet brought down two Indian fighter aircraft, US officials say
China’s J-10 fighter jets from the People’s Liberation Army Air Force August 1st Aerobatics Team perform during a media demonstration at the Korat Royal Thai Air Force Base, Nakhon Ratchasima province, Thailand, November 24, 2015. REUTERS Indian security force personnel stand guard near the site of a fighter jet crash in Wuyan in India-administered […]
Trump says China tariffs will come down from 145%
U.S. President Donald Trump attends a bilateral meeting with China’s President Xi Jinping during the G20 leaders summit in Osaka, Japan, June 29, 2019. REUTERS Summary Trump knocks China trade surplus Says he might speak to Xi Jinping Trump says about China tariff rate: “We know it’s coming down” […]
China’s Baidu looks to patent AI system to decipher animal sounds
A sign of Baidu is pictured at the company’s headquarters in Beijing, China March 16, 2023. REUTERS BEIJING, May 8 (Reuters) – Ever wished you could understand what your cat is trying to tell you? A Chinese tech company is exploring whether it’s possible to translate those mysterious meows into human language using artificial intelligence. […]
China’s Huawei to launch first laptop with self-developed Harmony operating system
A view shows a Huawei logo at Huawei Technologies France headquarters in Boulogne-Billancourt near Paris, France, February 9, 2024. REUTERS BEIJING, May 8 (Reuters) – China’s Huawei will launch its first laptop with the self-developed Harmony operating system on May 19, the company said in a social media post on Thursday. Reporting by Beijing Newsroom, […]