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A view of Keppel signage outside their building in Singapore June 28, 2023.

Singapore's Keppel profit rises on strong infra, connectivity performance

Reuters |Updated 19 minutes ago |2 min read

(Reuters) -Singapore's Keppel said on Thursday its first-quarter net profit excluding the effects of legacy offshore and marine assets was higher, boosted by strong performance in the global asset manager's infrastructure and connectivity segments.

Bottles of tequila Jose Cuervo, Don Julio, 1800 and Herradura are displayed at a bar in this picture illustration taken April 4, 2019.

Tequila maker Becle's profit shrinks on slowing liquor consumption

Reuters |Updated 49 minutes ago |2 min read

MEXICO CITY (Reuters) -Mexico's Becle, the world's largest tequila producer, on Wednesday posted a 18% fall in first-quarter net profit from a year earlier, still landing above analyst forecasts, as it sold fewer alcoholic drinks and was hit by ...

A man walks along the Cheonggye stream in central Seoul, South Korea January 25, 2017.

South Korea Q1 GDP growth smashes estimates, but outlook's uncertain

Reuters |Updated 19 minutes ago |3 min read

By Cynthia Kim and Jihoon Lee SEOUL (Reuters) -The South Korean economy grew at the fastest pace in more than two years in the first quarter beating all estimates with a pick-up in domestic consumption and robust exports, but the market questioned if ...

Employee walk past the logo of SK Hynix at its headquarters in Seongnam, South Korea, April 25, 2016.

SK Hynix expects full chip recovery after Q1 earnings surprise on AI boom

Reuters |Updated 29 minutes ago |3 min read

By Joyce Lee and Heekyong Yang SEOUL (Reuters) -South Korea's SK Hynix Inc said it expected a full recovery in memory chips on AI demand, posting its highest profit in nearly two years on sales of advanced DRAM chips with high bandwidth memory (HBM) ...

Passengers wait to check in for their flights at the departures area of Latam airlines inside the international airport in Santiago, Chile  August 16, 2018.

LATAM scraps plan to acquire Boeing B737s after talks end with bankrupt Gol

Dietrich Knauth |Updated 3 hours ago |2 min read

By Dietrich Knauth NEW YORK (Reuters) - LATAM Airlines said on Wednesday that it was no longer seeking to acquire Boeing B737 planes either from bankrupt Brazilian carrier Gol or other sources, opting to look for alternative narrowbody aircraft ...

The Cisco logo is displayed, during the GSMA's 2023 Mobile World Congress (MWC) in Barcelona, Spain March 1, 2023.

Cisco says hackers subverted its security devices to spy on governments

Raphael Satter |Updated 3 hours ago |2 min read

By Raphael Satter WASHINGTON (Reuters) - Technology firm Cisco Systems said that hackers have subverted some of its digital security devices to break in to government networks globally. In a blog post published on Wednesday, the company said its ...

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Teradyne sees strong Q2 results on steady chip-testing equipment demand

Reuters |Updated 3 hours ago |1 min read

(Reuters) - Semiconductor-testing equipment maker Teradyne forecast second-quarter profit and revenue above Wall Street estimates on Wednesday, helped by strong demand for its chip-testing equipment. Shares of the company rose nearly 8% in ...

SaltWire

Raymond James Q2 profit rises on strong capital markets performance

Reuters |Updated 3 hours ago |1 min read

(Reuters) - Raymond James on Wednesday posted a 11% rise in second-quarter adjusted profit, powered by strong performance in its capital markets business on the back of a rebound in mergers and acquisitions. After a two-year dry spell, global ...

The BYD logo is displayed on a vehicle in Bangkok, Thailand, March 25, 2024.

China's BYD seeks to redefine luxury for the EV generation

Reuters |Updated 4 hours ago |4 min read

BEIJING (Reuters) - Chinese EV maker BYD will showcase its premium brand's first sedan at the Beijing auto show from Thursday, in a challenge to the likes of Germany's Mercedes-Benz which three years ago pulled out of the brand's development ...

A Meta logo is seen at the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris, France, June 14, 2023.

Disappointing Meta forecast pulls down tech peers in extended trade

Stephen Culp |Updated 4 hours ago |1 min read

By Stephen Culp NEW YORK (Reuters) - Disappointing forecasts from Facebook parent Meta Platforms has proven contagious, sparking a sell-off in tech and tech-related stocks in after-hours trading. Meta said it expects increased spending on AI ...

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