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Mobile operators warn Europe may fall behind US on 6G without more spectrum

7 May 2025

By Gianluca Lo Nostro (Reuters) – Twelve of the largest European telecoms firms urged regulators on Wednesday to allocate more spectrum for mobile services, warning Europe risks falling behind the U.S. in future 6G deployment. In a letter seen by Reuters, operators including Britain’s Vodafone, Germany’s Deutsche Telekom, France’s Orange and Italy’s TIM demanded the …

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New York Times subscribers jump on bundling strength, busy news cycle

7 May 2025

By Jaspreet Singh (Reuters) – The New York Times added more digital subscribers in the first quarter than Wall Street had expected and forecast robust subscription revenue ahead, boosted by its bundled offerings and a busy news cycle driving more readership. The Times is benefiting from bundling its news offerings with lifestyle-focused products such as …

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Amazon to spend $4 billion on cloud infrastructure in Chile

7 May 2025

By Fabian Cambero SANTIAGO (Reuters) -Amazon’s cloud computing division will invest $4 billion to build its first data centers and other cloud infrastructure in Chile, the company’s head of South Latin America told Reuters. Amazon Web Services (AWS) expects the cloud region, its third in Latin America after Brazil and Mexico, to be operational by …

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Samsung Electronics says unit Harman acquires Masimo’s audio business for $350 million

7 May 2025

SEOUL (Reuters) -Samsung Electronics said on Wednesday its unit Harman International signed a deal to acquire U.S. firm Masimo’s audio business for $350 million. It plans to combine Masimo’s audio business with Harman to strengthen its global leading position in the consumer audio market, which is expected to grow from $60.8 billion in 2025 to …

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Morning Bid: Trade talks at last

7 May 2025

By Mike Dolan LONDON (Reuters) – What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Financial Industry and Financial Markets Wall Street’s latest stutter seems to have been cut short, as stock futures welcomed the announcement of upcoming U.S.-China trade talks and a fresh bout of monetary easing from the People’s Bank of …

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Rising valuations, cloudy earnings view confronts US stocks after tariff rebound

7 May 2025

By Lewis Krauskopf NEW YORK (Reuters) -After a round-trip for U.S. stocks following their tariff-fueled swoon, investors are wary of obstacles that will prevent the market from more significant gains in the near term. A stronger-than-expected first-quarter earnings season and optimism that worst-case trade fears will not come to pass underpinned the stock market’s recent …

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Analysis-Investors look to soft data for direction amid trade policy chaos

7 May 2025

By Suzanne McGee (Reuters) -Whipsawing U.S. trade policies are forcing some investors to lean more on anecdotal data to help them make decisions, as concrete official indicators become out-of-date too quickly in the rapidly changing environment. Dramatic shifts in policy, such as U.S. President Donald Trump’s tariff announcements last month, mean so-called hard indicators, including …

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Vietnam’s shipments from China, to US reach record high amid trade fraud crackdown

7 May 2025

By Francesco Guarascio and Khanh Vu HANOI (Reuters) -Vietnam’s imports from China and exports to the United States both reached a post-pandemic record in April, amid talks with Washington to reduce Hanoi’s trade surplus and a crackdown on Chinese goods being shipped to the U.S. via its territory. The Southeast Asian nation faces the risk …

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Mitsubishi Motors signs MOU to outsource EV model development to Foxconn unit

7 May 2025

TOKYO (Reuters) -Japanese automaker Mitsubishi Motors and Foxconn subsidiary Foxtron Vehicle Technologies have signed a memorandum of understanding for the supply of an electric vehicle model, the companies said on Wednesday. The EV model will be developed by Foxtron, manufactured in Taiwan by automaker Yulon and introduced in the Oceania region in the second half …

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Aussiewood to Mel Gibson: save us from Trump’s movie tariffs

7 May 2025

By Christine Chen and Jorge Nieto SYDNEY/GOLD COAST, Australia (Reuters) -Australia’s film industry wants actor Mel Gibson to do what he does in his action-hero movies and save the day, by convincing U.S. President Donald Trump to drop his film tariffs which could devastate its A$1 billion ($650 million) Hollywood business. Industry leaders said the …

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