Exclusive: Chip wars – China closing in on second $19 billion semiconductor fund: sources

HONG KONG/SHANGHAI (Reuters) - China’s state-backed semiconductor fund is near to closing a 120 billion yuan ($18.98 billion)investment round for a second fund to...

Nintendo sees the best annual profit in nine years on Switch, announces new president

TOKYO (Reuters) - Japan’s Nintendo Co Ltd said on Thursday it expects operating profit to rise 26.7 percent in the year through March to...

Qualcomm chip sales indicate some smartphone strength

(Reuters) - U.S. chipmaker Qualcomm Inc’s (QCOM.O) quarterly profit and revenue topped Wall Street forecasts, suggesting that a slowdown in the global smartphone business...
Iraqi parliament approves budget, Kurdish lawmakers boycott vote

Revolut becomes Britain’s first digital bank unicorn

LONDON (Reuters) - Financial technology firm Revolut said on Thursday its valuation had jumped by five times in a year to $1.7 billion at...

Facebook’s rise in profits, users shows resilience after scandals

(Reuters) - Facebook Inc (FB.O) shares rose on Wednesday after the social network reported a surprisingly strong 63 percent rise in profit and an...

Samsung Electronics flags mobile weakness as chips power record first-quarter profit

SEOUL (Reuters) - Samsung Electronics Co Ltd (005930.KS) said weakness in the global smartphone market would slow earnings growth, as it reported record quarterly...

ZTE tells suppliers China trade row may be factor in U.S. ban: source

NEW YORK (Reuters) - China’s ZTE Corp (000063.SZ) held a conference call on Wednesday with major suppliers, during which a company representative suggested the...

Qualcomm easing licensing terms in bid to strike deals

SAN FRANCISCO (Reuters) - Qualcomm Inc’s earnings call on Wednesday showed just how far the company is willing to go to preserve one of...

Samsung Elec flags mobile weakness as chips power record first profit

SEOUL (Reuters) - Samsung Electronics Co Ltd (005930.KS) said weakness in the global smartphone market would slow earnings growth, as it reported record quarterly...

Samsung Elec flags mobile weakness after record first quarter profit

SEOUL (Reuters) - Samsung Electronics Co Ltd (005930.KS) said weakness in the global smartphone market would slow earnings growth, as it reported record quarterly...

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Trump threatens govt. shutdown in Sept if no funding for wall

Trump threatens government shutdown in September if no funding for wall

WASHINGTON, Michigan (Reuters) - U.S. President Donald Trump on Saturday threatened to shut down the federal government in September if Congress did not provide...
Iraqi parliament approves budget, Kurdish lawmakers boycott vote

UPDATE 1-Top Sainsbury's shareholder QIA backs Asda takeover talks -source

DUBAI/LONDON, April 29 (Reuters) - Qatar Investment Authority (QIA), the biggest shareholder in J Sainsbury Plc , is supportive of merger talks between the British supermarket...

Bjork claims maiden European Tour title at China Open

(Reuters) - Sweden’s Alexander Bjork won his maiden European Tour title at the China Open on Sunday, closing with a seven-under 65 to seal...