Steel division loses CEO, chairman as crisis intensifies Workers request extraordinary supervisory board meeting Government says no plans to take stake in Thyssenkrupp FRANKFURTDUESSELDORF, Aug 30 Reuters Thyssenkrupp39;s planned sale of its steel business is at risk over uncertainty following a leadership crisis at the unit, the head of the German conglomerate39;s works council said on Friday. The […]

BENGALURU, Aug 30 Reuters Indian baby products retailer FirstCry39;s quarterly loss narrowed from a year earlier on the back of strong demand, it said on Friday in its first earnings report since going public earlier this month. The company39;s consolidated net loss narrowed to 567.1 million rupees about 7 million in the quarter ended June 30, […]

Aug 30 Reuters Shares of Dell Technologies rose 4 on Friday, after robust demand for its artificial intelligencepowered servers prompted the company to raise its fullyear earnings and revenue forecasts. Dell, which supplies servers and related infrastructure to enterprises, bolstered its AI push through a partnership with chip giant Nvidia earlier this year. With Nvidia39;s tech stack, Dell […]

BEIJING, Aug 30 Reuters China39;s leading stateowned airlines posted losses in the first half of the year, weighed down by a slowerthanexpected international travel rebound, domestic oversupply and more intense competition as aviation capacity returns globally. China39;s top three airlines, Air China, China Southern Airlines and China Eastern Airlines, last reported annual net profits in 2019 […]