Category: Logistics

July 15, 2019

(Reuters) – Cybersecurity company Symantec Corp (SYMC.O) and chipmaker Broadcom Inc (AVGO.O) have ceased deal negotiations, CNBC reported on Monday, citing sources. Symantec’s shares fell 18% to $21.01 in trading before the opening bell, while those of Broadcom were up […]

July 1, 2019

OSLO (Reuters) – Almost half of new cars sold in Norway in the first six months of 2019 were powered by fully electric engines, up from just over a quarter in the same period last year, ensuring the Nordic nation […]

June 28, 2019

Entitled ‘How robots change the world: what automation really means for jobs and productivity’, the report says that the fast pace of technological progress means that robots will be able to take over ever more of the tasks once carried […]

June 21, 2019

ZURICH (Reuters) – Huawei smart phones sales in western European countries have risen “in the past few days” as customers grow more confident the Chinese company will weather U.S. sanctions levied last month, a European executive said on Friday. Walter […]

June 17, 2019

Ren’s downbeat assessment that the ban will hit revenue by $30 billion, the first time Huawei has quantified the impact of the U.S. action, comes as a surprise after weeks of defiant comments from company executives who maintained Huawei was […]

June 12, 2019

Robot orders in North America declined slightly in the first quarter of 2019 compared to the same period last year, according to the latest statistics released on June 12 by the Robotic Industries Association (RIA). North American companies ordered a […]

June 3, 2019

Global manufacturing was the weakest since 2012 last month, a victim of mounting trade tensions and further reason to worry that the world economy is weakening. With softness in Germany, Japan, the U.K. — as well as the lowest U.S. […]

May 29, 2019

If a company suddenly has $1 billion in cash, does it matter where it comes from? For Jaguar Land Rover, it should. In its latest results, JLR posted around 1.4 billion pounds of free cash flow ($1.77 billion). That’s a […]

May 23, 2019

Still investors, worried that the conflict was morphing into a technology cold war, dumped shares of Asian tech companies, with Lenovo’s stock price falling as much as 6.3% to its lowest in nearly four months. Dual-headquartered in China and the […]

May 17, 2019

SEOUL (Reuters) – South Korea’s Samsung Electronics Co Ltd said on Friday that it has not decided on additional investment in a second memory chip production line in the Chinese city of Xian, denying a report by China’s official Xinhua […]