Bangladesh will file a lawsuit in a U.S. court on Wednesday against Philippine bank Rizal Commercial Banking Corp (RCBC) over its role in one of the world's biggest cyber-heists, the Bangladesh central bank governor said.
Israel, Intel agree to reciprocal spending deal: ministry
Intel Corp has committed to buy 15 billion shekels ($4 billion) of Israeli products and services over the next six years as it begins a massive expansion of its local operations, Israel's economy ministry said on Wednesday.
Huawei excluded from Czech tax tender after security warning: paper
The Czech tax authority has excluded Huawei from a tender to build a tax portal after the country's cyber watchdog warned of security threats posed by the Chinese telecoms supplier, the Mlada Fronta Dnes newspaper reported on Wednesday.
Chinese EV carmaker NIO aims to raise $650 million via convertible bond
Electric carmaker NIO Inc, among rivals to Tesla in China, launched a $650 million five-year convertible bond on Wednesday, aiming to use the proceeds to fund expansion.
Atos to pay investors with 23.4 percent stake in subsidiary Worldline
French IT services company Atos SE plans to give investors a special payout in the form of 23.4 percent of shares in its listed payments subsidiary Worldline SA, it said on Wednesday.
Israel games developer Playtika launches R&D center in Bucharest
Israeli mobile games company Playtika said on Wednesday it was opening a research and development center in Bucharest, with an initial investment of $6 million.
Canon expects first drop in operating profit since 2016 on slower China
Japan's Canon Inc expects its annual operating profit to drop for the first time in three years, as a Chinese economic slowdown and a stronger yen hit sales of cameras and panel-making equipment.
Intel offered up to $6 billion for Israel's Mellanox: reports
U.S. chipmaker Intel Corp has bid $5.5-$6 billion in cash and stock to buy Israel's Mellanox Technologies, Israeli media reported on Wednesday.
Atos to distribute 23.4 percent stake in Worldline to its shareholders
French IT services company Atos SE said on Wednesday it plans to distribute 23.4 percent stake in subsidiary Worldline SA to shareholders of the parent company.
Sony, Nintendo seen scoring strong third-quarter earnings as console battle reaches next level
Sony Corp and Nintendo Co Ltd are expected to score strong quarterly earnings this week, as the Japanese gaming giants battle through the next stage in the lifecycles of their consoles.
Canon sees 5.2 percent dip in 2019 profit on China economic slowdown
Japan's Canon Inc said on Wednesday it expected operating profit to drop 5.2 percent in 2019 as a Chinese economic slowdown hit demand for cameras and panel-making equipment.
Exclusive: Foxconn reconsidering plans to make LCD panels at Wisconsin plant
Foxconn Technology Group is reconsidering plans to make advanced liquid crystal display panels at a $10 billion Wisconsin campus, and said it intends to hire mostly engineers and researchers rather than the manufacturing workforce the project originally promised.
Never Try to Fix the Problem When Hacked
Eventually, we all get hacked. The bad guys are very persistent and we can all make a mistake. If you suspect you have been hacked never try to fix the situation, instead report it right away. If you try to fix the situation, such as paying an online ransom or deleting the infected files, not only c...
LG Display warns of panel price weakness as wearables boost fourth-quarter profit
South Korea's LG Display Co Ltd on Wednesday warned of weaker panel prices in the year ahead due to global economic uncertainty and U.S.- China trade tensions, as it posted a jump in quarterly profit thanks to surging sales of wearable screens.
Chinese EV carmaker NIO aims to raise $650 million with convertible bond
Electric carmaker NIO Inc, among rivals to Tesla in China, launched a $650 million convertible bond on Wednesday, four months after it listed in New York.
Apple lowers some iPhone prices outside U.S. to offset strong dollar
Apple Inc plans to cut the price of some of its flagship iPhones for only the second time in the device's 12-year history, pegging its retail value to past prices in local currencies outside the United States instead of the rising U.S. dollar.
Apple services business grows; CEO Cook says China tensions ease
Apple Inc reported sharp growth in its services business on Tuesday and Chief Executive Tim Cook said trade tensions between the United States and China were easing, helping boost the company's shares after hours even though iPhone sales dipped in the holiday shopping quarter for the first time.
Small panels drive big fourth-quarter profit jump at LG Display
South Korea's LG Display Co Ltd said on Wednesday fourth-quarter operating profit leapt more than six-fold from a year earlier, on the back of strong demand for its small panels including for smart watches.
iPhone suppliers rise after Apple's quarterly report
** Shares of Apple suppliers up in extended trade after Apple's quarterly results and guide prove not as bad as some expected
EBay's poor revenue outlook overshadows first-ever dividend
EBay Inc forecast March quarter revenue below Wall Street estimates after reporting disappointing growth in the volume of sales on its platform during the key holiday quarter, overshadowing news of its first-ever dividend.
Canadian National Rail profit beats on higher crude, grain shipments, raises dividend
Canadian National Railway Co beat analysts' estimates for quarterly profit on Tuesday, as it transported higher volumes of petroleum crude and Canadian grain.
Apple services business grows, CEO Cook sees China tensions ease
Apple Inc reported sharp growth in its services business and Chief Executive Tim Cook said trade tensions between the United States and China were easing, helping the technology company's shares up after hours even as iPhone sales dipped in the holiday shopping quarter for the first time.
AMD shares jump on record growth in data center revenue
Chipmaker Advanced Micro Devices Inc on Tuesday reported record quarterly growth in data center sales and projected revenue growth in fiscal 2019 above Wall Street expectations, sending its shares up 10 percent after the bell.
Huawei units to be arraigned on U.S. criminal charges on Feb. 28
Two units of China's Huawei Technologies Co Ltd are to be arraigned on Feb. 28 in Seattle on a 10-count indictment on charges they conspired to steal T-Mobile US Inc trade secrets, according to court filings Tuesday.
Amgen 2019 forecast falls short of expectations, shares dip
Amgen Inc on Tuesday reported fourth-quarter profit that easily surpassed expectations as sales rose and tax expense fell, but competition for older medicines is growing and the drugmaker forecast 2019 earnings below Wall Street estimates.
EBay unveils dividend, tops sales estimates for holiday quarter
Ebay Inc will begin paying a dividend, it announced on Tuesday, while also reporting better-than-expected sales and profit for the fourth quarter as it benefits from a rise in online shopping.
AMD reports record data center revenue, shares jump
Advanced Micro Devices Inc on Tuesday reported record growth in data center revenue and forecast revenue growth in fiscal 2019 above expectations, sending shares up nearly 7 percent after the bell.
Apple sees U.S.-China tensions easing, services business growing
Apple Inc said sales for its fiscal second quarter would most likely be lower than Wall Street expected, a signal that it continues to face weak demand for its iPhone, especially in China, the world's biggest smartphone market.
Huawei units to be arraigned on U.S. criminal charges on Feb. 28
Two units of China's Huawei Technologies Co Ltd are to be arraigned on Feb. 28 in Seattle on a 10-count indictment on charges they conspired to steal T-Mobile US Inc trade secrets, according to court filings Tuesday.
Canadian National Rail tops profit estimates as crude shipments rise
Canadian National Railway Co topped analysts' estimates for quarterly profit on Tuesday, as the railroad company transported higher volumes of petroleum crude and Canadian grain.





