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Vodafone, AST SpaceMobile to set up Europe-led satellite constellation
Reuters· 2025-11-07 07:23
Vodafone and AST SpaceMobile are planning to establish a satellite constellation aimed at delivering satellite-to-smartphone connectivity for commercial and government applications across Europe. ...
Wizz Air delays taking delivery of 88 Airbus jets until 2033
Reuters· 2025-11-07 07:14
Wizz Air said on Friday it has delayed taking the deliveries of 88 Airbus jets to fiscal year 2033, from 2030. ...
Italy's MPS posts surprise profit jump ahead of new plan after Mediobanca buy
Reuters· 2025-11-07 06:56
Group 1 - Italy's Monte dei Paschi di Siena reported a surprise increase in third quarter profit [1] - The bank plans to present a new strategy in the first quarter of 2026 [1] - The strategy follows the acquisition of peer Medio [1]
Nvidia CEO says company not planning to ship anything to China
Reuters· 2025-11-07 06:51
Core Viewpoint - Nvidia's CEO Jensen Huang announced that the company does not plan to ship products to China currently but expresses hope to re-enter the Chinese market in the future [1] Group 1 - Jensen Huang's visit to Taiwan marks his fourth public visit this year [1]
Honda reports 25% fall in Q2 operating profit
Reuters· 2025-11-07 06:39
Core Insights - Honda Motor experienced a 25% decline in second-quarter operating profit compared to the previous year, primarily due to the impact of U.S. import tariffs and a slowdown in demand for electric vehicles [1] Financial Performance - The operating profit for Honda Motor in the second quarter fell significantly by 25% year-over-year [1] Market Conditions - The decline in performance is attributed to external factors such as U.S. import tariffs affecting costs and a decrease in consumer demand for electric vehicles [1]
Hensoldt orders rise on increased demand for sensors, optronics
Reuters· 2025-11-07 06:32
Core Insights - German defence electronics group Hensoldt reported a significant increase in orders during the first nine months of 2025, driven by rising demand for sensors and optronics [1] Company Summary - Hensoldt experienced a sharp rise in orders, indicating strong market demand for its products [1]
Samsung Elec names new head of its business support division
Reuters· 2025-11-07 06:20
Core Insights - Samsung Electronics has appointed Park Hark-kyu as the new head of its business support division [1] Company Summary - The appointment of Park Hark-kyu is a strategic move by Samsung Electronics to enhance its business support operations [1]
Lilly's obesity drug Mounjaro becomes India's top-selling drug by value in October
Reuters· 2025-11-07 05:51
Core Insights - Eli Lilly's obesity drug Mounjaro has become the top-selling drug in India by value for October, achieving sales of 1 billion rupees ($11.38 million) [1] Company Summary - Mounjaro's sales performance indicates strong market acceptance and demand for obesity treatments in India [1] Industry Summary - The success of Mounjaro highlights the growing importance of obesity drugs in the pharmaceutical market, particularly in emerging markets like India [1]
Japanese investors sell foreign stocks on caution over Fed comments, valuation concerns
Reuters· 2025-11-07 04:48
Core Viewpoint - Japanese investors have significantly reduced their holdings in foreign stocks due to increased caution stemming from hawkish comments from U.S. Federal Reserve officials and a desire to lock in profits following a recent market rally [1] Group 1 - Japanese investors divested significant holdings in foreign stocks in the week leading up to November 1 [1] - The divestment was influenced by hawkish remarks from some U.S. Federal Reserve officials [1] - Investors preferred to secure profits after the recent market rally [1]
Apple TV down for about 15,000 of users, Downdetector shows
Reuters· 2025-11-07 03:56
Core Insights - Apple's streaming service, Apple TV, experienced an outage affecting nearly 14,907 users in the U.S. on Thursday [1] Group 1 - The outage was tracked by Downdetector.com, indicating a significant disruption in service for Apple TV users [1]