Philips (PHG.AS) Chief Executive Frans van Houten will leave the company in October, the Dutch health technology firm said on Tuesday, after a key product recall cut its market value by more than half over the past year. Philips said Van Houten...
Redwire Corporation (RDW.N) said on Tuesday it would launch the first commercial space greenhouse in Spring next year to boost crop production research outside Earth and support exploration missions. The space infrastructure company’s project will help deliver critical insights for NASA’s Artemis...
Alphabet Inc’s. Google is combining the eyes and arms of physical robots with the knowledge and conversation skills of virtual chatbots to help its employees fetch soda and chips from breakrooms with ease. The mechanical waiters, shown in action to reporters...
Japanese manufacturers’ business confidence improved in August after last month’s stall, while service-sector firms’ mood rose for a second month to the highest point in nearly three years, the Reuters Tankan poll showed. Although commodity inflation continues to squeeze profits,...
A senior U.N. official said she had urged Myanmar’s military ruler to release political prisoners and stop executions on Wednesday, in a rare, high-profile visit that comes amid growing violence in the country. Myanmar has been in turmoil since the...
Australian wage growth rose at the fastest pace in almost eight years last quarter as red-hot demand for labour drove unemployment to generational lows, yet pay gains still missed forecasts and lagged badly behind inflation. Figures from the Australian Bureau...
Elon Musk, the world’s richest person, briefly lifted the gloom over Manchester United’s (MANU.N) shares and fans on Wednesday by tweeting he was buying the English soccer club – only to say a little later it was all part of “a long-running...
Oil prices rose about 1.5% after hitting a six-month low on Wednesday, as a steeper-than-expected drawdown in U.S. crude stocks outweighed concerns over rising Russian output and exports as well as recession fears. U.S. crude stocks (USOILC=ECI) fell by 7.1 million barrels...
The U.S. dollar pared its gains on Wednesday after minutes from the Federal Reserve’s July meeting showed that Fed officials are concerned the U.S. central bank could raise rates too far as part of its commitment to get inflation under...
South Korea agreed on Tuesday to expand its global health partnership with the foundation set up by Microsoft Corp co-founder and philanthropist Bill Gates. The deal came after Gates arrived in South Korea late on Monday, calling for Seoul to play...
