Wall St losses capped as Amazon wins on happy Cyber ​​Monday

Cyber ​​Monday spends record $11.6 billion – report Biogen down after death in Alzheimer’s drug trial Indices Off: Dow 0.47%, S&P 0.60%, Nasdaq 0.35% Nov 28 (Reuters) – Wall Street’s major indices fell on Monday amid concerns over protests in major Chinese cities against strict COVID-19 policies, though gains at Amazon helped limit losses as … Read more

India’s first private rocket company aims to cut satellite costs

BENGALURU, Nov 26 (Reuters) – The startup behind India’s first private space launch plans to launch a satellite into orbit by 2023 and expects to be able to do so at half the cost of established launch companies, the founders said from Skyroot Aerospace to Reuters in an interview. The Hyderabad-based company, backed by Singapore’s … Read more

Foxconn’s huge iPhone factory in China rocked by new worker unrest

Images on the internet show hundreds of workers protesting Surveillance cameras and windows smashed by men with sticks Workers complain about unpaid wages and insufficient food Foxconn says it is working to prevent a recurrence of violence SHANGHAI/TAIPEI, Nov 23 (Reuters) – Hundreds of workers took part in protests at Foxconn’s (2317.TW) flagship iPhone factory … Read more

China widens COVID sidewalks, iPhone factory unrest adds to economic concerns

COVID restrictions grew as the number of cases increased Unrest in the iPhone factory underlines industrial, social risks Analysts warn of potential for wider lockdowns Resort Sanya imposes movement restrictions on newcomers BEIJING, Nov 23 (Reuters) – Chinese cities imposed more curbs on Wednesday to curb rising coronavirus cases, compounding investor concerns about the economy … Read more

France, Germany, Spain agree to continue development of FCAS combat aircraft – Berlin

BERLIN/PARIS, Nov 18 (Reuters) – France, Germany and Spain have agreed to start the next phase of development of a new fighter jet called FCAS, Europe’s largest defense project with an estimated cost of more than 100 billion euros ($103.4 billion). ), the German government said on Friday. The defense ministry said in a statement … Read more

Nasdaq, S&P 500 end sharply higher, fueled by inflation optimism

Growth stocks lead value, Nasdaq rises Nasdaq and S&P 500 rise for second day Indexes End: S&P 500 +0.93%, Nasdaq +1.88%, Dow +0.10% Nov 11 (Reuters) – The S&P 500 and Nasdaq finished sharply higher on Friday, continuing a rally that had started the day before after soft inflation raised hopes that the Federal Reserve … Read more

China’s COVID epicenter shifts to Guangzhou, more lockdowns looming

Southern manufacturing hub fighting worst COVID-19 flare Cases Double in Zhengzhou, Apple Supplier Manufacturing Base Chinese stocks, currency decline over virus fears BEIJING, Nov. 8 (Reuters) – New coronavirus cases have risen in Guangzhou and other Chinese cities, official data showed on Tuesday, with the global manufacturing hub becoming China’s latest COVID1-9 epicenter and testing … Read more

Exxon’s Record Third Quarter Earnings Nearly Match Apple’s

Oil company beats Wall Street forecast with $19.7 billion profit Exxon’s fossil fuel bets eclipse rivals Shell, TotalEnergies Company projects flat oil production this year on losses in Russia HOUSTON, Oct. 28 (Reuters) – Exxon Mobil Corp (XOM.N) surpassed expectations on Friday as rising energy prices fueled a record-breaking quarterly profit, nearly equal to that … Read more

US EXCLUSIVE alleges Seagate violated export rules to sell Huawei hard drives -source

Oct. 26 (Reuters) – Seagate Technology Holdings said in a filing Wednesday that the U.S. government has warned the company it may have violated export control laws by supplying hard drives to a customer who knows a source familiar with the situation and identified. as Huawei Technologies (HWT.UL). Reuters was the first to report the … Read more

Adidas ends partnership with Kanye West over anti-Semitism and hate speech

Adidas ends collaboration with immediate effect Decision to weigh in by $250m in 2022 net income Adidas sole owner of design rights Oct. 25 (Reuters) – Adidas AG (ADSGn.DE) is immediately ending its partnership with Kanye West, the sports equipment manufacturer said Tuesday, in response to an outburst of offensive behavior from the American rapper … Read more