Airbus SE said on Thursday that a test flight of its Zephyr surveillance and communications drone in Australia for the British Ministry of Defence was “interrupted” due to adverse weather conditions last month.
Dutch semiconductor equipment maker ASML said on Thursday that a U.S. software subsidiary was the victim of corporate theft several years ago, but denied that the information stolen was a blueprint for its lithography machines.
Dutch semiconductor equipment manufacturing company ASML Holding NV on Thursday confirmed it had been the victim of corporate espionage but downplayed the impact on its business.
A Turkish court on Thursday acquitted HSBC Turkey chief executive Selim Kervanci of a charge of insulting President Tayyip Erdogan by retweeting a video on social media at the time of nationwide protests in 2013.
LVMH’s shares hit record highs on Thursday, after the Louis Vuitton owner posted strong first quarter sales which set a high bar for rival luxury companies also chasing Chinese demand for high-end handbags and clothing.
Royal Dutch Shell has agreed to sell its stake in the Caesar-Tonga field in the Gulf of Mexico for $965 million in cash to a subsidiary of Israel’s Delek Group.
Apple Inc said on Thursday it has nearly doubled the number of suppliers using only clean energy for production work, including two that assemble and make the processor chips for the iPhone.
Asian stocks stepped back from near eight-month highs on Thursday and the dollar eased as cautious European and U.S. central banks reinforced investors’ worries about the slowing global economy and trade protectionism.
Uber Technologies Inc’s initial public offering (IPO) filing on Thursday will draw inevitable comparisons to its smaller ride-hailing rival Lyft Inc, which completed its initial public listing last month.
Europe’s largest technology company SAP aims to more than double its market value to between 250 billion euros and 300 billion euros ($282-$338 billion) by 2023, Chief Executive Bill McDermott told a German newspaper.
Chinese employees stole corporate secrets from Dutch semi-conductor equipment maker ASML, resulting in hundreds of millions of dollars in losses, leading Dutch financial newspaper Financieele Dagblad (FD) reported on Thursday. The paper said, citing its own investigation, technology had been stolen by high-level Chinese employees in the research and development department and leaked to the Chinese government.
The wife of ousted Nissan boss Carlos Ghosn has arrived at Tokyo District Court, Kyodo News reported on Thursday, where she is expected to be questioned by prosecutors.
Chinese employees stole corporate secrets from Dutch semi-conductor equipment maker ASML resulting in hundreds of millions of euros (dollars) in losses, leading Dutch financial newspaper Financieele Dagblad reported on Thursday.
Executives at the largest U.S. banks are grappling with how to best talk about the slowing economy and its impact on their businesses as they enter earnings season, people familiar with their thinking told Reuters.
Oil prices fell on Thursday, pressured as U.S. crude stockpiles surged to their highest levels in almost 17 months amid record production and as economic concerns cast doubt over growth in demand for fuel.
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