By Joyce Lee SEOUL (Reuters) – South Korea’s LG Display Co Ltd said third-quarter operating profit surged about 80 percent, beating market expectations, on the back of a recovery in panel prices and increased demand for mobile devices ahead of the holidays. It also forecast increased demand for panels in the current quarter. Operating profit […]
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By Anna Irrera, Steve Stecklow and Brenna Hughes Neghaiwi LAS VEGAS (Reuters) – The creators of an embattled cybercurrency technology project called Tezos expressed regret on Tuesday about their ongoing dispute with the head of a Swiss foundation that controls the $232 million they raised in one of the largest “initial coin offerings” ever. In […]
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By Paul Lienert and Joseph White (Reuters) – Delphi Automotive Plc said on Tuesday it will buy self-driving car software startup nuTonomy for $450 million, helping to put automated vehicles using its technology into commercial use in 2019, a year earlier than planned. Delphi and nuTonomy have been testing automated vehicles in Singapore, where regulators […]
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By Naomi Tajitsu and Norihiko Shirouzu HIROSHIMA, Japan (Reuters) – In the high-stakes, high-cost battle among global automakers to develop ever more efficient vehicles, one of the biggest breakthroughs in internal combustion engine technology in years looks to be coming from one of the industry’s smaller players. Japan’s Mazda Motor Corp <7261.T> has zoomed past […]
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By Laharee Chatterjee (Reuters) – Advanced Micro Devices Inc on Tuesday flagged competitive pressures with a forecast that pointed to the first revenue drop in seven quarters, sending the chipmaker’s shares plunging 11 percent in after-hours trading. The company, which has gained from a surge in demand for its chips from cryptocurrency miners, also sought […]
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JERUSALEM (Reuters) – Strapped for cash in a Tokyo hotel, Albert Einstein wrote his take on life on a note and handed it to the bellboy instead of a tip. The physicist’s formula for happy living fetched $1.3 million on Tuesday, a Jerusalem auction house said. In 1922, Einstein was en route to Japan when […]
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By Daina Beth Solomon MEXICO CITY (Reuters) – Amazon.com Inc <AMZN.O> launched a cash payment service in Mexico on Tuesday, aiming to expand its customer base in a country where shoppers are wary of credit card fraud and often earn their living in paper currency. The strategy could also help it to win market share […]
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By David Ingram SAN FRANCISCO (Reuters) – Twitter Inc <TWTR.N> said on Tuesday it would add labels to election-related advertisements and say who is behind each of them, after a threat of regulation from the United States over the lack of disclosure for political spending on social media. Twitter, acting a month after Facebook Inc […]
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(This Oct. 23 story corrects paragraph 4 to say warning letter, instead of form 483) (Reuters) – The U.S. Food and Drug Administration said on Monday it issued a warning letter to Meridian Bioscience Inc’s unit for several federal law violations after inspecting its facility that makes lead-testing devices. The violations include selling significantly modified […]
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By Will Dunham , (Reuters) – Two-time Emmy Award-winning actor Robert Guillaume, who became one of the most prominent black actors on U.S. television playing the cantankerous title character in the hit 1980s series “Benson,” died of complications from prostate cancer on Tuesday, his wife said. He was 89. The gravelly voiced Guillaume, who thrived […]
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By Gus Trompiz PARIS (Reuters) – France is running short of butter, with some supermarket shelves sitting empty and the price of croissants on the rise, creating a headache for the government just as it tries to make the food chain fairer for farmers. The shortage is the result of falling milk production and rising […]
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By Pavel Polityuk and Jack Stubbs KIEV/MOSCOW (Reuters) – Cyber attacks using malware called “BadRabbit” hit Russia and other nations on Tuesday, affecting Russian Interfax news agency and causing flight delays at Ukraine’s Odessa airport. While no major outages were reported, the U.S. government issued a warning on the attack, which followed campaigns in May […]
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