By Shashwat Awasthi and Lewis Jackson (Reuters) -Medibank Private Ltd, Australia’s biggest health insurer, said on Wednesday a cyber hack…
LG Display posts bigger-than-expected Q3 loss on sluggish device sales
By Joyce Lee and Heekyong Yang SEOUL (Reuters) – South Korean flat-screen maker LG Display Co Ltd posted its second…
Poor corporate report cards in U.S., Asia point to economic pain
By Eva Mathews, Chavi Mehta and Jane Lanhee Lee (Reuters) -U.S. companies from tech giants Alphabet and Microsoft to GE…
Crypto industry disappointed as Australia looks to enshrine tax rules
By Praveen Menon and Byron Kaye SYDNEY (Reuters) – The cryptocurrency industry said on Wednesday it was disappointed with Australia’s…
Singapore central bank proposes measures on crypto trading, stablecoin
By Chen Lin SINGAPORE (Reuters) – Singapore’s central bank has put forward proposals for new regulatory measures on cryptocurrency trading…
In ‘unprecedented’ global chip slump, SK Hynix to halve investment as recession looms
By Joyce Lee and Heekyong Yang SEOUL (Reuters) -South Korea’s SK Hynix Inc warned on Wednesday of an “unprecedented deterioration”…
U.S., EU launch formal group to discuss conflict over EV subsidies
By Trevor Hunnicutt WASHINGTON (Reuters) – U.S. and European Union officials will formally launch a task force next week to…
Canada slaps curbs on Rogers’ remedy offer to win $14.7 billion Shaw purchase
By Divya Rajagopal and Dan Whitcomb (Reuters) -Canada on Tuesday imposed conditions on Rogers Communications’ proposed remedy to overcome competition…
Intel unit Mobileye prices IPO above range to raise $861 million
By Echo Wang NEW YORK (Reuters) -Mobileye Global Inc, the self-driving unit of chip maker Intel Corp, raised $861 million…
Cloud to PCs, Microsoft forecasts spook investors as economy bites
By Tiyashi Datta and Jane Lanhee Lee (Reuters) -Microsoft Corp on Tuesday projected second-quarter revenue below Wall Street targets across…