Electronics maker Flex 'seized' $100 million of Huawei goods in China: Global Times

Electronics manufacturer Flex held up goods worth some 700 million yuan ($101.85 million) of its Chinese client Huawei Technologies for more than a month after Washington put Huawei on a trade blacklist, China's Global Times reported on Thursday.

Johannesburg power body hit by ransomware attack

City Power, responsible for powering South Africa's financial capital Johannesburg, said on Thursday it had been hit by a ransomware virus that had encrypted all of its databases, applications and network.

Russia's Sberbank and Mail.ru to form JV in taxis, food

Russia's Sberbank and internet firm Mail.ru said on Thursday they had signed a letter of intent to launch a joint platform in taxi services and food to create a "last mile" delivery player.

Facebook removes fake accounts from Thailand, Russia, Ukraine, Honduras

Facebook Inc said on Thursday it had erased over 1,800 accounts and pages from Thailand, Russia, Ukraine and Honduras, its latest move to counter deceptive political propaganda and other abuses of its service.

Warren Buffett charity lunch in limbo after crypto promoter issues apology

Chinese cryptocurrency entrepreneur Justin Sun issued a lengthy public apology on Thursday for the manner in which he promoted his $4.57 million charity lunch with Warren Buffett, raising questions over whether the event will go ahead.

Russia's Sberbank and Mail.ru to form JV in transportation, food

Russia's Sberbank and internet firm Mail.ru said on Thursday they signed a letter of intent to launch a joint platform in transportation and food to create a "last mile" delivery player.

STMicro lowers full-year sales guidance as chip market remains volatile

Franco-Italian chipmaker STMicroelectronics lowered its full-year sales guidance on Thursday in spite of improved activity in the second-quarter, signaling how the sector remains volatile given trade tensions between the United States and China.

Toyota to invest $600 million in China's Didi, new JV to develop mobility services

Toyota Motor Corp said on Thursday it will invest $600 million in Chinese ride-hailing giant Didi Chuxing as well as a new joint venture as the companies seek to develop connected and electric vehicle technologies in China.

Nokia beats forecasts as 5G sales start to kick in

Finnish telecom network equipment maker Nokia posted a surprise jump in second-quarter profit on Thursday and stuck to its 2019 earnings outlook as demand for next-generation 5G equipment boosted results.

LG Chem plans to invest $424 million for battery material plant in South Korea

South Korean battery maker LG Chem Ltd said on Thursday it had agreed to invest 500 billion won ($424.03 million) to build a factory in South Korea to produce cathode material for lithium-ion batteries.

Orange sees signs of improvement in France's telecoms market

Orange signaled the start of an easing in the fierce competition in France's telecoms market, after posting slightly better-than-expected second-quarter results on Thursday.

Facebook removes accounts from Russia, Ukraine, Thailand, Honduras

Facebook Inc said on Thursday it had removed accounts from Russia, Ukraine, Thailand, Honduras, in its latest move against "coordinated inauthentic behavior."

Nokia second-quarter beats forecasts on solid demand; maintains outlook

Finnish telecom network equipment maker Nokia on Thursday reported a surprise rise in second-quarter profit, citing higher demand, while maintaining its 2019 profit outlook.

Toyota to invest $600 million in China's Didi, new JV

Toyota Motor Corp said on Thursday it will invest $600 million in Chinese ride-hailing giant Didi Chuxing and a new joint venture to expand collaboration with the firm in China.

Telecoms group Orange second-quarter revenue stabilizes in France on improving market conditions

French telecoms group Orange reported slightly better-than-expected sales and profit growth in the second quarter, helped by improving market conditions in its home country and a strong performance in Africa and the Middle East.

Toyota says to invest $600 million in China's Didi, new JV

Toyota Motor Corp said on Thursday it will invest $600 million in Didi Chuxing and a new joint venture, as part of an agreement to expand collaboration with the Chinese ride hailing giant in the country.

SoftBank to commit $40 billion to second Vision Fund: WSJ

Tech conglomerate SoftBank Group Corp will invest $40 billion in its forthcoming second Vision Fund, the Wall Street Journal reported on Wednesday.

Samsung Electronics' delayed Galaxy Fold now ready for September launch

Samsung Electronics Co Ltd's first foldable smartphone, the Galaxy Fold, will go on sale from September in selected markets after the launch was delayed by screen problems earlier this year, the company said on Thursday.

Samsung Electronics to launch Galaxy Fold in September after screen problems

Samsung Electronics Co Ltd's first foldable smartphone, the Galaxy Fold, will go on sale from September in selected markets after the launch was delayed by screen problems earlier this year, the company said on Thursday.

SK Hynix warns of chip supply disruption on Japan's export curbs

Chipmaker SK Hynix Inc warned on Thursday of a supply disruption due to an escalating trade dispute between South Korea and Japan, and said it would cut investment and production to support a nascent recovery in chip demand.