(Reuters) - Cisco Systems Inc said on Wednesday that impending U.S. tariffs and Chinese customers shunning the networking company’s gear were weighing on its business, and it forecast sales and profit below Wall Street targets. Cisco executives said sales in China fell 25% and that
LONDON (Reuters) - Softbank Group’s (9984.T) Vision Fund has made its first foray into energy storage technology with a $110 million investment in Switzerland-based Energy Vault. While many countries are keen to use renewable energy as part of efforts to cut carbon emissions in the
WASHINGTON (Reuters) - China made no trade concessions after U.S. President Donald Trump postponed 10% tariffs on over $150 billion worth of Chinese imports, senior U.S. officials said on Wednesday, adding that talks aimed at resolving the trade fight would continue and markets should be
WASHINGTON (Reuters) - President Donald Trump said on Wednesday that China wants to make a trade deal but it should treat Hong Kong “humanely” first. “Of course China wants to make a deal. Let them work humanely with Hong Kong first!” Trump said on Twitter.
HOUSTON (Reuters) - Bankruptcy filings by U.S. energy producers so far this year have already nearly matched the total for the whole of 2018, law firm Haynes & Boone reported on Wednesday, as volatile oil and gas prices drive companies to seek protection from creditors.
BOSTON (Reuters) - Billionaire U.S. investor William Ackman has long described how Warren Buffett, often called the greatest stock picker ever, has influenced his career. Now he’s paying the Oracle of Omaha the ultimate homage with a new investment in Buffett’s Berkshire Hathaway (BRKa.N) (BRKb.N).
(Reuters) - Cisco Systems Inc forecast current-quarter profit below Wall Street estimates on Wednesday as it struggles to transition to a software-focused company from its traditional business of selling routers and switches, sending shares down 7.6%. Since taking the helm in July 2015, Chief Executive
(Reuters) - Warren Buffett’s Berkshire Hathaway Inc (BRKa.N) on Wednesday said it boosted its stake in Amazon.com Inc (AMZN.O) by 11% during the second quarter, increasing its bet on the powerful online retailer even as stocks traded near record highs. Berkshire said it ended June
(Reuters) - Microsoft Corp (MSFT.O) said on Wednesday it updated its privacy policy to let customers know that it had been collecting voice data of its users with the help of employees and contractors. A spokesperson for Microsoft said the company collects voice data to
Communication is of the highest important. We should all be allowed to voice our feelings, thoughts, and opinions on any matter at hand. However, in difficult times, communication is easily broken down, and a mediator may be needed to offer their services to determine the
