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UK’s embattled BT names payment firm chief as new CEO

BT Group Plc appointed Worldpay co-CEO Philip Jansen as its new chief executive on Thursday, ending months of …read more Source: Reuters Tech News

Tesla’s Musk says Model 3 to be available in Australia, UK around mid-2019

Tesla Inc Chief Executive Officer Elon Musk said on Thursday the electric carmaker’s new Model 3 will be available in …read more Source: Reuters Tech News

Nokia kicks off new cost cuts, counts on 5G for profit boost

Telecom network equipment maker Nokia kicked off a new cost-cutting program on Thursday and repeated an ambitious profit forecast, saying …read more Source: Reuters Tech News

Canon cuts full-year outlook on lean demand for cameras, chip equipment

Japan’s Canon Inc on Thursday lowered its full-year earnings outlook for the second time this year, citing lower sales of …read more Source: Reuters Tech News

China’s Wingtech to gain control of Dutch chipmaker Nexperia for $3.6 billion

China’s Wingtech Technology Co Ltd, the world’s largest smartphone contract manufacturer, is acquiring Dutch semiconductor firm Nexperia Holding by buying …read more Source: Reuters Tech News

South Korea’s LG Electronics posts higher quarterly profit as mobile losses narrow

South Korea’s LG Electronics Inc said on Thursday third-quarter operating profit jumped 45 percent as its mobile phone division narrowed …read more Source: Reuters Tech News

Telecoms group Orange says competition dented sales growth, confirms targets

Orange, France’s biggest telecoms operator, strengthened profits in the third quarter despite heavy competition in its home country and Spain …read more Source: Reuters Tech News

Embattled BT names Worldpay’s Philip Jansen CEO

BT Group Plc named Philip Jansen as its new Chief Executive on Thursday, ending months of speculation on who …read more Source: Reuters Tech News

LG Electronics’ third-quarter profit rises 45 percent as mobile losses narrow

South Korea’s LG Electronics Inc said on Thursday third-quarter operating profit jumped 45 percent to 749 billion won ($657.83 …read more Source: Reuters Tech News

Canon’s third-quarter profit drops, cuts full-year outlook

Japan’s Canon Inc reported a 12.4 percent drop in third-quarter operating profit on Thursday, dented by lean demand for high-end …read more Source: Reuters Tech News