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 Register POLITICS Italy reported 85 coronavirus-related … Read more

Spain’s BBVA says Garanti deal priced in additional lira depreciation

Spain's BBVA says Garanti deal priced in further lira depreciation

A view shows the Spanish bank BBVA’s headquarters, in Madrid, Spain November 17, 2020. REUTERS/Juan Medina Register now for FREE unlimited access to Register MADRID, Nov 24 (Reuters) – Spain’s BBVA (BBVA.MC) on Wednesday reiterated its long-term commitment towards Turkey and said lira depreciation had been taken into account while structuring its recent purchase … Read more

Russian tech agency VK lowers 2021 income forecast on slowing development

Short-term yields leap with inflation, China tech drops

MOSCOW Oct 28 (Reuters) – Russian internet group VK (MAILRq.L) downgraded its full-year revenue guidance to 124-127 billion roubles ($1.75-1.80 billion) on Thursday, citing slowing growth after a surge in pandemic demand. Its previous 2021 revenue forecast was for growth of 18-21% to 127-130 billion roubles. The company, which owns the popular Vkontakte and Odnoklassniki … Read more

Toyota to spend $13.5 bln to develop EV battery tech and provide by 2030

Toyota to spend $13.5 bln to develop EV battery tech and supply by 2030

Employees walk at the Toyota Motor Corp new plant in Apaseo El Grande in Mexico’s central state of Guanajuato, Mexico February 6, 2020. REUTERS/Sergio Maldonado TOKYO, Sept 7 (Reuters) – Toyota Motor Corp (7203.T) said on Tuesday it expects to spend more than $13.5 billion by 2030 to develop batteries and its battery supply system … Read more

Foxconn’s Q2 revenue beats estimates as pandemic drives tech demand

Foxconn's Q2 profit beats estimates as pandemic drives tech demand

Q2 net profit T$29.7 bln vs T$22.9 bln year ago Analysts expected Q2 net profit at T$25.98 bln Expects Q3 revenue to grow between 3%-15% y/y TAIPEI, Aug 12 (Reuters) – Taiwan’s Foxconn (2317.TW) reported a better-than expected quarterly profit on Thursday due to strong demand for technology products from clients, such as Apple Inc … Read more

Marvell Tech to amass Innovium for $1.1 bln because it courts extra cloud clients

Marvell Tech to acquire Innovium for $1.1 bln as it courts more cloud customers

Aug 3 (Reuters) – Marvell Technology Inc (MRVL.O) on Tuesday said it has agreed to acquire chip startup Innovium in a $1.1 billion all-stock deal aimed at bolstering Marvell’s share of networking chips sold to large cloud-computing companies. Marvell’s rival, Broadcom Inc (AVGO.O), currently dominates the market for chips that go into the switches that … Read more

Schooling tech, promoting carry Russia’s revenues

Education tech, advertising lift Russia's revenues

The logo of Russian Internet company Group is seen on the facade of its headquarters in Moscow, Russia June 26, 2019. REUTERS/Maxim Shemetov July 29 (Reuters) – Russian internet group Group (MAILRq.L) said on Thursday its second-quarter revenue rose 17.4% to 29.99 billion roubles ($409 million), boosted by a recovery in the online … Read more

Adecco Group to purchase AKKA Applied sciences in $2.4 bln deal

Adecco Group to buy AKKA Technologies in $2.4 bln deal

The logo of Swiss Adecco Group is seen at its headquarters in Zurich, Switzerland October 30, 2018. Picture taken October 30, 2018. REUTERS/Arnd Wiegmann/File Photo ZURICH, July 28 (Reuters) – Adecco Group (ADEN.S) has agreed to buy AKKA Technologies in a deal worth 2 billion euros ($2.4 billion) on an enterprise value basis, the companies … Read more

Capgemini raises 2021 targets on booming tech demand

Silicon Valley Bank to hire 150 in Europe amid tech deal boom

July 28 (Reuters) – French consulting and IT services provider Capgemini (CAPP.PA) raised its 2021 guidance on Wednesday as it benefits from a global surge in demand for tech and cloud-based solutions that picked up speed during the pandemic. The company now expects 2021 revenues to be up between 12% and 13%, an operating margin … Read more

Goldman Sachs eyes deal windfall as earnings smash forecasts

Goldman Sachs eyes deal windfall as earnings smash forecasts

July 13 (Reuters) – Goldman Sachs Group Inc (GS.N)executives said a record backlog of deals will help drive profits for the rest of the year after the bank smashed second-quarter estimates. Deals worth $1.5 trillion were announced in the three months to June 30 despite slowing activity among blank-check firms, more than any second quarter … Read more