Oct 18 Reuters Bank of Nova Scotia on Wednesday announced plans to cut about 2,700 jobs globally 3 of its workforce and take a C590 million 430.94 million charge in the fourth quarter, making it the latest Canadian bank to take costcutting steps in a challenging environment. The layoffs appear to be the biggest among Canadian […]

HONG KONG, Oct 17 Reuters Chinese electric vehicle giant BYD on Tuesday said it expects thirdquarter net profit to as much as double thanks to robust sales and effective cost control. The Shenzhenbased company forecasts net profit for the July to September period at between 9.55 billion yuan 1.31 billion and 11.55 billion yuan, an increase […]

CHICAGO, Oct 17 Reuters United Airlines Holdings on Tuesday forecast weaker fourthquarter earnings due to higher costs, sending its shares down more than 4. The Chicagobased carrier estimated an adjusted profit of 1.501.80 per share in the quarter through December, below the 2.06 expected by analysts in a LSEG survey and lower than 2.46 per share […]

TAIPEI, Oct 18 Reuters Taiwan39;s Foxconn, the world39;s largest contract electronics maker, will build a new kind of data centre using Nvidia chips and software for a range of applications including selfdriving cars, the companies said on Wednesday. Sharing a stage at Foxconn39;s annual tech showcase in Taipei, Foxconn Chairman Liu Youngway and Nvidia CEO Jensen […]