BENGALURU (Reuters) – India’s Oyo Hotels and Homes chief executive said on Wednesday the SoftBank-backed hospitality startup’s business was likely […]
UK’s Morrisons defends buyout in letter to business minister
By James Davey LONDON (Reuters) – Supermarket group Morrisons has written to Britain’s business minister and other politicians seeking to […]
Siemens lands $3.4 billion hybrid train order from U.S. Amtrak
MUNICH (Reuters) – Siemens Mobility said on Wednesday it had landed a $3.4 billion order from U.S. national rail transportation […]
Explainer: What is driving China’s clampdown on Didi and data security?
By Josh Horwitz and Yilei Sun SHANGHAI (Reuters) – China’s cyberspace regulator has launched a probe into ride-hailing giant Didi […]
Japan’s SoftBank hires NBCUniversal exec as global communications head
(Reuters) – SoftBank Group Corp has hired Mark Kornblau, a NBCUniversal executive and former communications director in the Obama administration, […]
Pentagon hits reset on Trump’s $10 billion cloud deal, welcoming new players
By Diane Bartz and David Shepardson WASHINGTON (Reuters) -The U.S. Defense Department canceled its $10 billion JEDI cloud-computing project on […]
Indonesia’s Bukalapak increases IPO target to over $1 billion on strong demand – sources
By Anshuman Daga SINGAPORE (Reuters) – Indonesian e-commerce firm Bukalapak is targeting raising more than $1 billion in its IPO, […]
Samsung Electronics flags 53% jump in Q2 profit, tops estimates
By Joyce Lee and Heekyong Yang SEOUL (Reuters) – Samsung Electronics Co Ltd on Wednesday reported a likely 53% jump […]
Chinese EV maker Xpeng shares close flat in HK debut as it eyes global rollout
By Yilei Sun and Scott Murdoch BEIJING/HONG KONG (Reuters) – Chinese electric vehicle maker Xpeng Inc closed flat it its […]
Spain’s Telefonica plans to sell minority stake in tech unit, Cinco Dias says
MADRID (Reuters) – Spanish telecoms operator Telefonica plans to raise as much as 500 million euros ($591.35 million) with the […]