NEW YORK — Nike is trying to lure back shoppers in China by controlling how its products are sold online, directing consumers to official Nike channels as the American sportswear giant continues to lose ground to domestic rivals. CONTROLS A pedestrian walks by a display of international soccer player photos …
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SUPER Micro Computer said on Tuesday it had secured more than $60 billion in new orders in the fourth quarter, and now expects gross margin to exceed its previous forecast, sending its shares surging 17.5 percent in extended trading. Artificial-intelligence infrastructure firms have seen demand accelerate as tech companies …
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US President Donald Trump’s 10 per cent global tariff – imposed after the US Supreme Court struck down a swathe of his tariffs in February – is due to expire on July 24 (Haiyun Jiang) WASHINGTON, D.C. — The United States is set to impose new tariffs that could hit …
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SINGAPORE — The Monetary Authority of Singapore has appointed DBS, Deutsche Bank, HSBC, OCBC and Standard Chartered to arrange a planned 20-year green infrastructure bond, according to a mandate sheet reviewed by Reuters on Tuesday. The Singapore-dollar-denominated bond, due in August 2046, will have a minimum size of SG$2.1 billion …
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ELEVATOR maker Schindler’s operating profit grew around 7 percent in the second quarter (Q2) of 2026, the Swiss company said on Tuesday, supported by operational efficiencies, higher pricing and a change in the product mix. It reported quarterly earnings before interest and taxes of 369 million Swiss francs ($455 million), …
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TAIPEI — TSMC is seeing strong, multi-year demand for its artificial intelligence (AI) chips as it invests a further $100 billion to expand its Arizona facilities, but it needs to address several challenges, such as a shortage of construction workers there, a top executive said. Speaking after blockbuster second-quarter results …
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A Riyadh Air Boeing 787-9 Dreamliner is seen before the opening of the 55th International Paris Airshow at Le Bourget Airport near Paris, France, June 13, 2025. (Reuters/Benoit Tessier/File) FARNBOROUGH, England — Saudi Arabia’s Riyadh Air placed orders for 34 widebody aircraft with both Boeing and Airbus on Monday, as …
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A general view of a part of the Wacker Chemie plant in Nuenchritz, Germany, November 1, 2022 (Reuters/Matthias Rietschel) EUROPEAN chemical companies are expected to report second-quarter results reflecting temporary support from Middle East conflict-related supply disruptions, though investors are increasingly focused on whether the uplift can counter weak demand …
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Close-up of logo for Samsung on research building in the Silicon Valley, Mountain View, California, October 28, 2018 (Getty Images) SEOUL — Samsung Electronics has cut jobs at its US display, phone, and other consumer electronics operations — affecting workers mainly in New Jersey and Texas, according to documents and …
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Mascots at this year’s World Artificial Intelligence Conference (WAIC) on Jul 16, 2026 – held annually in Shanghai. (Photo: CNA/Tan Wen Lin) SHANGHAI — Tech firms are racing to roll out advanced smartphones that use artificial intelligence (AI) to do everything from ordering food to composing messages upon a simple …
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