EXCLUSIVE Geely unit Lotus Tech goals to lift as much as $500 mln in funds – CFO

Australian shares slip as tech, gold stocks track Wall Street sell-off

SHANGHAI, Nov 26 (Reuters) – Lotus Technology, a new unit of China’s Geely (GEELY.UL) set up to develop the technology to power Lotus sports cars, is planning to raise $400 million to $500 million before the end of this year, its chief financial officer told Reuters. Lotus Technology, part of Group Lotus which is in … Read more

China steps up stress on tech with draft on-line advert guidelines

China steps up pressure on tech with draft online ad rules

SHANGHAI, Nov 26 (Reuters) – China’s market regulator proposed new rules on Friday that would increase online advertising oversight, including stipulating that adverts should not affect normal internet use or mislead users. Authorities in China have tightened regulation across a range of industries this year, with an emphasis on technology. Search giant Baidu Inc and … Read more

Nikkei sinks to one-month low on new virus variant, China tech crackdown information

Australian shares slip as tech, gold stocks track Wall Street sell-off

TOKYO, Nov 26 (Reuters) – Japan’s Nikkei slumped on Friday to its lowest level in a month as a new coronavirus variant found in South Africa raised an alarm, while the news that Beijing has asked Chinese hailing giant Didi (DIDI.N) to delist from New York also soured the mood. The Nikkei average (.N225) dropped … Read more

Tech reboots shares, greenback takes Thanksgiving breather

Australian shares slip as tech, gold stocks track Wall Street sell-off

Tech shares led stocks higher, lockdowns hit travel, leisure Bond market yields dip after recent rise Volatile emerging markets enjoy some respite Oil see-saws after hectic few days LONDON, Nov 25 (Reuters) – A tech shares bounce carried European equities higher on Thursday, following similar gains on Wall Street and Asia and helped also by … Read more

Italy – Components to observe on Nov. 25

Australian shares slip as tech, gold stocks track Wall Street sell-off

The following factors could affect Italian markets on Thursday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy. New items are marked with (*). For a complete list of diary events in Italy please click on . Register now for FREE unlimited access to reuters.com Register POLITICS Italy reported 85 coronavirus-related … Read more

LIVE MARKETS Tech, meals, luxurious and massive pharma to the rescue

Australian shares slip as tech, gold stocks track Wall Street sell-off

European shares up 0.5% Tech leads sectoral gainers Wall Street shut for Thanksgiving Nov 25 – Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at [email protected] TECH, FOOD, LUXURY AND BIG PHARMA TO THE RESCUE (0850 GMT) A bounce in tech … Read more

Asian tech shares achieve whereas greenback marches on

Australian shares slip as tech, gold stocks track Wall Street sell-off

HONG KONG, Nov 25 (Reuters) – Asian tech stocks rose on Thursday, following their U.S.-listed peers, though broader gains were capped by the strength of the U.S. dollar as investors bet on interest rates rising more quickly in the United States than other major economies. European stocks were expected to advance with Euro Stoxx 50 … Read more

Japanese shares rebound from sharp losses, tech shares lead beneficial properties

Australian shares slip as tech, gold stocks track Wall Street sell-off

TOKYO, Nov 25 (Reuters) – Japanese shares rose on Thursday, with technology shares leading gains, as investors scouted for bargains after sharp declines in the previous session. The Nikkei share average (.N225) rose 0.7% to 29,514.38 by 0155 GMT, while the broader Topix (.TOPX) was up 0.37% to 2,026.53. “The declines in the previous session, … Read more

Nokia to staff up with YADRO to construct 4G, 5G base stations in Russia

Nokia to team up with YADRO to build 4G, 5G base stations in Russia

A view of the logo at the headquarters of the Finnish telecoms company Nokia in Espoo, Finland March 16, 2021. Lehtikuva/Heikki Saukkomaa via REUTERS Register now for FREE unlimited access to reuters.com Register MOSCOW, Nov 24 (Reuters) – Nokia (NOKIA.HE) and Russia’s YADRO plan to set up a joint venture to build 4G and 5G … Read more

EU’s Vestager cheers as lawmakers vote for more durable tech legal guidelines

EU's Vestager cheers as lawmakers vote for tougher tech laws

EU Commission Executive Vice-President Margrethe Vestager holds a news conference on European Commission’s competition policy, in Brussels, Belgium November 18, 2021, REUTERS/Yves Herman Register now for FREE unlimited access to reuters.com Register STRASBOURG, Nov 23 (Reuters) – A key committee of EU lawmakers on Tuesday agreed to tougher laws targeting Amazon (AMZN.O), Apple (AAPL.O), Alphabet … Read more