[ad_1] ZURICH (Reuters) – ABB’s (ABBN.S) profit fell by less than expected in the third quarter, lifting its shares on Wednesday, although the Swiss engineering company said conditions were weakening in the United States and
Zuckerberg reassures U.S. Congress on Facebook’s digital currency plans
[ad_1] WASHINGTON (Reuters) – Facebook Inc CEO Mark Zuckerberg sought to reassure skeptical U.S. lawmakers on Wednesday that the company’s planned digital currency Libra would be a force for good that could reduce costs for
Cost of dealing with dirty money scandal hits Swedbank profit
[ad_1] STOCKHOLM (Reuters) – Swedbank (SWEDa.ST) reported a bigger-than-expected drop in quarterly earnings on Wednesday, hit by the costs of hiring more compliance staff and dealing with the fallout of its alleged involvement in a
Boeing hit with new industrial setbacks as 737 MAX crisis deepens
[ad_1] (Reuters) – Boeing Co (BA.N) cut production of its flagship Dreamliner and delayed the arrival of a successor to its 777 mini-jumbo, piling new pressures on a rejigged senior management team on Wednesday as
Risk of contagion in India’s financial sector rising – rating agencies
[ad_1] MUMBAI (Reuters) – There is rising risk of contagion in India’s banking sector with many finance companies having lost more than half of their equity value in the past year, rating agency Standard &
Google claims ‘quantum supremacy’; others say hold on a qubit
[ad_1] BERLIN (Reuters) – Google (GOOGL.O) said on Wednesday it had achieved a breakthrough in computer research, by solving a complex problem in minutes with a so-called quantum computer that would take today’s most powerful
Boeing profit slumps 53% as MAX grounding takes heavy toll
[ad_1] (Reuters) – Boeing Co (BA.N) reported a 53% drop in quarterly profit on Wednesday as the world’s largest planemaker was hurt by the grounding of its best-selling 737 MAX jets. FILE PHOTO: The Boeing
Sensex, Nifty eke out gains; Infosys recovers to end higher
[ad_1] The Bombay Stock Exchange building is seen from a facade in Mumbai, May 16, 2018. REUTERS/Francis Mascarenhas/File Photo BENGALURU (Reuters) – Indian shares closed a tick higher on Wednesday, led by gains in auto
Edenred sees core earnings up 10%-plus a year from 2019-22
[ad_1] (Reuters) – French pre-paid meal vouchers and card provider Edenred (EDEN.PA) set financial targets for 2019-2022 on Wednesday that were slightly ahead of its previous goals, but lower than it delivered last financial year,
Exclusive: Datsun brand set to go as Nissan rolls back Ghosn’s expansionist strategy – sources
[ad_1] YOKOHAMA, Japan (Reuters) – Nissan Motor Co Ltd (7201.T) is likely to axe its Datsun brand, drop some unprofitable products and close a number of assembly lines worldwide as it seeks to boost profits