By Mariela Nava, Marianna Parraga and Deisy Buitrago CABIMAS, Venezuela (Reuters) – Venezuela is allowing partners in state oil company…
Credit Suisse mulls IPO for CS First Boston – source
ZURICH (Reuters) – Credit Suisse is exploring the possibility of an initial public offering for its CS First Boston spinoff,…
Toyota unit Hino expects FY23 operating profit despite engine data scandal
TOKYO (Reuters) -Toyota Motor Corp’s truck and bus unit Hino Motors on Thursday forecast a 6 billion yen operating profit…
Casino’s potential stake sale in Brazilian Assai ‘saves some time’
By Juliette Portala (Reuters) -French retailer Casino said on Thursday it had launched a study for the potential disposal of…
Investors brush off STMicro CEO’s growth assurances, shares dive
By Mathieu Rosemain PARIS (Reuters) – Investors brushed off upbeat comments by STMicroelectronics’ boss on Thursday after the Franco-Italian chipmaker…
Meta stock craters over bleak forecast and expensive metaverse bets
By Katie Paul and Chavi Mehta (Reuters) – Facebook parent Meta Platforms Inc on Wednesday forecast a weak holiday quarter…
Elon Musk’s SpaceX partners with Philippine tycoon on satellite service
MANILA (Reuters) – Billionaire Elon Musk’s Space Exploration Technologies Corp (SpaceX) is expanding into the Philippines by offering satellite broadband…
Southeast Asia internet economy forecast cut on economic headwinds
By Chen Lin SINGAPORE (Reuters) – Southeast Asia’s internet economy is expected to be worth $330 billion by 2025, though…
U.S. chip industry body urges R&D infrastructure upgrade with Chips Act funds
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…