Markets

The semiconductor division of Chinese tech giant Alibaba Group Holding Ltd released its first core processor IP on Thursday, as the e-commerce giant continues its steady push into advanced technologies.

Australia will publish on Friday recommendations to limit the power of Facebook Inc and Google , potentially setting a precedent for global lawmakers grappling with the U.S. technology giants' dominance of online news and advertising.

WhatsApp will roll out its payments service in India this year following a year-long pilot, its global chief Will Cathcart has said, as the Facebook-owned messaging giant taps an upsurge in digital payments in its dominant market.

PARIS: Renault warned revenue may decline this year, scrapping a previous goal, after first-half profit was hit by weakening car demand and an earnings collapse at alliance partner Nissan in the wake of the Carlos Ghosn scandal. Net income slumped by more than half to 970 million euros (US$1.08...

TORONTO: A new licensing process for legal cannabis producers in Canada limits the ability of smaller companies to attract investment, which could leave the fledgling industry dominated by companies with deep pockets or those who got a foot in the door prior to regulation changes in May, industry ......

PARIS: Renault warned that revenue may decline this year, scrapping a previous goal, after first-half profit was hit by weakening car demand and an earnings collapse at alliance partner Nissan in the wake of the Carlos Ghosn scandal. Net income slumped by more than half to 970 million euros...

STOCKHOLM: Industrial technology firm Hexagon on Friday reported quarterly core earnings in line with its profit warning earlier in July. The company reported second-quarter operating earnings of 239 million euros (US$266 million), up from 228 million in the year-earlier quarter, and just above ...

On a 30-hectare (74-acre) plot of land in China's Shandong province poultry hub, more than half a million white-feathered ducks are busy eating, chattering and laying eggs to produce cheap meat for thousands of factory canteens.

Chinese authorities investigating FedEx Corp suspect the U.S. delivery company illegally withheld more than 100 packages of Huawei Technologies and that it also violated other laws, state news agency Xinhua reported on Friday.

French carmaker Renault on Friday cut its 2019 revenue outlook, on the back of falling demand and tough conditions within the automotive industry.