31 Jan. (Reuters) – US chipmaker Advanced Micro Devices Inc (AMD.O) posted sales on Tuesday that exceeded Wall Street targets and said it expected business to improve in the second half, exciting investors who saw that the company made a profit on rival Intel. The stock rose about 1.5% in aftermarket trading. While AMD’s forecast … Read more
The loss in 2022 surpasses the previous record set in 2008 Inflation and geopolitical tensions remain risk factors Record inflow of money from the oil and gas industry OSLO, Jan. 31 (Reuters) – The Norwegian wealth fund, one of the world’s largest investors, posted a record loss of 1.64 trillion kroner ($164.4 billion) for 2022, … Read more
SHANGHAI, Jan. 29 (Reuters) – China’s smartphone sales fell 13% year on year in 2022, the industry’s biggest decline in a decade, as consumers spend cautiously, market research firm IDC said on Sunday. The total number of devices shipped was 286 million, up from 329 million in 2022. That meant total sales volume in 2022 … Read more
Jan 29 (Reuters) – Russian President Vladimir Putin is open to contacts with German Chancellor Olaf Scholz, but has not scheduled a phone call with him, a Kremlin spokesman told state news agency RIA Novosti on Sunday. Germany, formerly the West’s main weapon in supplying Ukraine with modern main battle tanks to help it repel … Read more
DUBAI, Jan. 29 (Reuters) – A loud explosion at a military factory in Iran’s central city of Isfahan was caused by a “failed” drone strike, Iranian state media reported on Sunday, citing the defense ministry. “One of (the drones) was hit by the…air defenses and the other two were caught in defensive traps and exploded. … Read more
LOS ANGELES, Jan. 27 (Reuters) – Hollywood’s film academy said on Friday they were reviewing this year’s campaigns for Oscar nominations, a day after a media report raised questions about the surprise kink for British actress Andrea Riseborough. On Tuesday, Riseborough was nominated for best actress for playing an alcoholic single mother in the little-seen … Read more
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