
Chinese tech giant Huawei reports sales, profit up despite US sanctions
Chinese tech giant Huawei says its revenue rose 3% over a year earlier and its profit margin widened in the first half of 2023 despite sanctions that limit its access to U.S. processor chips
2023-08-11 16:27

Huawei’s Sales Grow Again as New Arenas Mitigate Sanctions Hit
Huawei Technologies Co. grew sales for a third straight quarter, after new businesses like cloud services and a
2023-08-11 16:27

Eskom Latest: Utility ‘Confident’ Nuclear Unit Fixed by November
South Africa’s Eskom Holdings SOC Ltd. expects to finish maintenance on the first of two units at its
2023-08-11 16:19

Turkey Posts First Current-Account Surplus in Almost Two Years
Turkey’s current account moved into surplus for the first time in nearly two years, as a boom in
2023-08-11 15:49

Italy to Get up to 20% of Telecom Italia Network in KKR Deal
KKR & Co. signed a memorandum of understanding with Italy to include the government in its €23 billion
2023-08-11 15:21

UK economy records surprise growth in second quarter
The UK economy grew in the three months to June 30, compared with the previous quarter, official data showed Friday.
2023-08-11 14:51

British economy unexpectedly grows by 0.2% in second quarter largely because of June weather boost
The British economy unexpectedly grew in the second quarter of the year largely as a result of a strong rebound in June when many businesses, particularly in the leisure sector benefited from the warm and settled weather
2023-08-11 14:46

Stock market today: Asian stocks decline after US inflation edges higher
Asian stock markets are lower after U.S. inflation edged higher, fueling unease about the outlook for the biggest global economy
2023-08-11 14:29

Worldcoin scans eyeballs and offers crypto. What to know about the project from OpenAI's CEO
Weeks after its international launch, Worldcoin is drawing the attention of privacy regulators around the world
2023-08-11 14:28

UBS Ends $10 Billion State Backstop That Helped Seal Merger
UBS Group AG decided to end an agreement with the Swiss government to cover losses it could incur
2023-08-11 14:27

Chinese property giant Country Garden flags loss of up to $7.6 billion as it nears default
One of China's biggest property developers says it has burned through up to $7.6 billion in the first half of the year, compounding the crisis coursing through the country's embattled real estate sector.
2023-08-11 14:21

UK Economy Stronger Than Expected After Coronation Holiday
The UK economy grew more strongly than expected in the second quarter after activity roared back in June
2023-08-11 14:19