By Jane Lanhee Lee OAKLAND, Calif. (Reuters) – Funds from the recently passed $52 billion Chips and Science Act should…
EDF, set for full-state control, warns again of big losses
PARIS (Reuters) -French nuclear power group EDF is expecting a hit of around 32 billion euro ($32.18 billion) to its…
China Southern website shows 737 MAX could return to Chinese service on Oct 30
By Jamie Freed and Brenda Goh (Reuters) -China Southern Airlines Co Ltd has scheduled domestic flights with the 737 MAX…
China sees growing risk of weakening external demand in Q4
BEIJING (Reuters) – China’s economy is facing growing risks of slowing external demand in the fourth quarter, a commerce ministry…
TotalEnergies, Shell post bumper profits, LNG business diverges
By Ron Bousso and Shadia Nasralla LONDON/PARIS (Reuters) – Europe’s two largest energy companies Shell and TotalEnergies reported profits of…
China-backed AIIB warns governments not to panic-build fossil fuel power stations
By Marc Jones LONDON (Reuters) – The China-backed Asian Infrastructure Investment Bank (AIIB) has warned governments against building new fossil…
China’s Huawei slows its long decline under U.S. sanctions as revenues improve
By David Kirton SHENZHEN, China (Reuters) – China’s Huawei Technologies reported modest revenue growth for a second quarter on Thursday,…
China’s digital yuan stands out in cross-border pilot in a show of global ambition
By Georgina Lee and Samuel Shen HONG KONG/SHANGHAI (Reuters) – China’s digital yuan took the centre stage in the world’s…
Capgemini ‘comfortable’ with top end 2022 targets but sees demand slowing
By Dagmarah Mackos (Reuters) -French IT consulting group Capgemini sees demand slowing in 2023 but expects results at the top…
Volvo Cars’ quarterly operating profit falls as higher costs bite
By Marie Mannes (Reuters) -Swedish automaker Volvo Cars said on Thursday it expects lower wholesale volumes this year after it…