Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
China’s CATL German plant targets six battery cell production lines by end-2023
BERLIN (Reuters) - Chinese battery giant CATL is set to install six battery cell production lines by the end of 2023 and hopes to secure approval for 24 gigawatt-hours (GWh of capacity) by June, Matth...
Syndicated Content Jan 26, 2023
Rockwell raises FY profit outlook on industrial automation strength
(Reuters) - Rockwell Automation Inc on Thursday raised its 2023 profit outlook on high demand for industrial automation machines amid a tight labor market. Demand in red-hot automation stayed resilien...
Syndicated Content Jan 26, 2023
Mobileye beats revenue estimates as carmakers lap up autonomous tech
(Reuters) - Mobileye Global Inc beat revenue estimates for fourth quarter on Thursday, driven by strong demand for its driver-assistance technology as manufacturers and fleet operators look to add mor...
Syndicated Content Jan 26, 2023
Dutch central bank fines cryptocurrency exchange Coinbase 3.3 million euros
AMSTERDAM (Reuters) - The Dutch central bank (DNB) has fined U.S. cryptocurrency exchange Coinbase 3.3 million euros ($3.6 million) for failing to obtain the correct registration in the Netherlands be...
Syndicated Content Jan 26, 2023
Japan’s Suzuki to invest $35 billion through FY 2030
TOKYO (Reuters) - Japan's Suzuki Motor Corp said on Thursday it will invest a total of 4.5 trillion yen ($34.79 billion) in research and development as well as in capital expenditure as part of its gr...
Syndicated Content Jan 26, 2023
IG Group extends share buyback by 50 million pounds
(Reuters) - Online trading platform IG Group said on Thursday it was extending its share buyback by 50 million pounds ($61.98 million) to 200 million pounds and that it expected its full-year performa...
Syndicated Content Jan 26, 2023
SAP to cut 3,000 jobs in efficiency move, explores Qualtrics stake sale
BERLIN (Reuters) - SAP on Thursday said it plans to cut 3,000 jobs, or 2.5% of its global staff, and to explore a sale of its remaining stake in Qualtrics to focus on strategic growth areas and operat...
Syndicated Content Jan 26, 2023
STMicroelectronics lifts fourth quarter sales
By Martin Coulter LONDON (Reuters) - European chipmaker STMicroelectronics on Thursday reported fourth-quarter sales ahead of market expectations, despite challenging economic conditions, benefiting f...
Syndicated Content Jan 26, 2023
Nokia’s quarterly profit beats expectations
STOCKHOLM (Reuters) -Nokia on Thursday reported quarterly operating profit above market expectations as the Finnish telecom equipment maker benefited from roll out 5G in countries such as India and fo...
Syndicated Content Jan 26, 2023
Musk outlines Tesla’s recession playbook: claw back costs
(This Jan. 25 story has been refiled to remove an extraneous word in paragraph 5) By Abhirup Roy and Kevin Krolicki (Reuters) - Elon Musk has a playbook for Tesla headed into what he believes will be ...
Syndicated Content Jan 25, 2023


