Swisscom revises down earnings outlook after Vodafone Italia acquisition complete
(Reuters) – Swisscom (SIX:SCMN) said on Thursday that it has completed its acquisition of competitor Vodafone (NASDAQ:VOD) Italia, which it will now begin merging with its Italian business Fastweb. The Swiss telecoms group said costs in the amount of up…
Taiwan stocks lower at close of trade; Taiwan Weighted down 0.67%
Investing.com – Taiwan stocks were lower after the close on Thursday, as losses in the , Construction and Glass sectors led shares lower. At the close in Taiwan, the Taiwan Weighted fell 0.67%. The best performers of the session on…
Apple offers iPhone discounts in China as competition intensifies
BEIJING (Reuters) – Apple (NASDAQ:AAPL) is offering rare discounts of up to 500 yuan ($68.50) on its latest iPhone models in China, as the U.S. tech giant moves to defend its market share against rising competition from domestic rivals like…
China seeks greater global cooperation on drug control
BEIJING (Reuters) – China’s public security minister vowed on Tuesday to deepen international cooperation in the area of drug control, state media Xinhua reported. Wang Xiaohong, who is also the director of the national narcotics control committee, called for “eradicating…
Recovering Netanyahu gets up from hospital to rally support for Israel budget
By Emily Rose JERUSALEM (Reuters) – Israeli Prime Minister Benjamin Netanyahu got up from his hospital bed to call on unruly coalition partners to fall in line and back his government’s 2025 budget after hardline rebels threatened to pull support…
Investors hope for US stock market trifecta in 2025 after back-to-back boom years
By Lewis (JO:LEWJ) Krauskopf NEW YORK (Reuters) -Investors are expecting more gains for the U.S. stock market in 2025 after two straight standout years, fueled by a solid economy supporting corporate profits, moderating interest rates and pro-growth policies from incoming…