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☆ HP, Dell and Lenovo among 27 firms granted approval to manufacture tech hardware in India under incentive scheme
▼ + stars: | 2023-11-21 | by ( Sheila Chiang | ) www.cnbc.com time to read: +2 min

Chinas Realme closing in on market leaders Xiaomi, Samsung, yet hurdles loom in treacherous market where many stumbled. Under the PLI Scheme 2.0 for IT hardware, which was approved by the government in May, India will provide companies incentives for goods manufactured in the country. The Indian IT hardware market is expected to grow to $22.77 billion in 2027 from $15.52 billion in 2022. "The IT Hardware manufacturing sector faces the lack of a level playing field vis-à-vis competing nations ... There is need for a mechanism to compensate for the manufacturing disabilities vis-à-vis other major manufacturing economies," according to the ministry.

Persons: Chinas, Anindito Mukerjee, Vaishnaw Organizations: Xiaomi, Samsung, Bloomberg, Getty Images, Dell, HP, Lenovo, Asus, Ministry of Electronics, of Railways, Communications, Electronics Locations: Greater Noida, India, Indian

☆ ‘The gift that keeps on giving’: Morgan Stanley likes the memory sector and picks its top stocks
▼ + stars: | 2023-11-08 | by ( Amala Balakrishner | ) www.cnbc.com time to read: +3 min

The tech theme has been reigning supreme this year and one segment in particular stands out to Morgan Stanley: the memory sector. The Morgan Stanley analysts have penciled in a 14% price hike for NAND and 10% increase for DRAM this quarter. Even so, Morgan Stanley says that the recovery in the memory sector is just starting and is still "front-running a lot of good things that are supposed to happen much later." Top pick and buy-rated stocks The optimistic outlook for the memory sector spells good news for a raft of stocks in Asia. Morgan Stanley is overweight on the stock and gives it a price target of 500 New Taiwanese dollars ($15.52), or around 1% upside.

Persons: Morgan Stanley, Morgan, Shawn Kim, Nvidia, — CNBC's Michael Bloom Organizations: Korean chipmaker SK Hynix, Samsung Electronics, —, SK Hynix, Korean, SK Hynix —, Samsung, Phison Electronics Locations: HBM, Asia

☆ How much does it cost to charge a Tesla battery?
▼ + stars: | 2023-07-13 | by ( Graham Rapier | ) www.businessinsider.com time to read: +4 min

Before deciding to purchase a Tesla, many consumers will need to know: "How much will it cost to charge this thing?" It all depends on the Tesla model you buy and where you decide to plug in, but charging a Tesla generally costs significantly less than refueling a gas car. How much does it cost to fully charge a Tesla at a charging station? At these rates, the cost of charging a Tesla is about three times cheaper per mile than the cost of fueling a gas-powered car. The cost of charging a Tesla is more than three times cheaper per mile than the cost of fueling a gas-powered car.

Persons: Tesla Superchargers, Tesla, you'll Locations: Tesla's

☆ HP Enterprise shares fall as dull forecast fuels fears of slowing demand
▼ + stars: | 2023-05-31 | by ( Samrhitha A | ) www.reuters.com time to read: +2 min

May 31 (Reuters) - Shares of Hewlett Packard Enterprise Co (HPE.N) slumped more than 10% on Wednesday as its lackluster revenue forecast fanned worries of a slowdown in cloud spending this year. The company was set to shed nearly $2 billion in market value if losses hold through the session. Brokerages expect economic uncertainty to weigh on demand for HPE's server and storage systems and led six analysts to cut their price target. Faced with the possibility of a recession, businesses have dialed back cloud spending and delayed large orders, sparking a slump in the tech sector after the pandemic-led boom. That is lower than the average of 17.1 for the tech sector, according to Refinitiv.

Persons: Shejal Ajmera, Samrhitha Organizations: Hewlett Packard Enterprise Co, Barclays, Hewlett Packard Enterprise, Thomson Locations: India, Bengaluru

☆ Stocks meander while Treasuries, dollar fall as traders wait on the Fed
▼ + stars: | 2023-05-03 | by ( Sinéad Carew | ) www.reuters.com time to read: +4 min

[1/3] Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., May 3, 2023. While the dollar index fell, long-term U.S. Treasury yields drifted lower while yields on shorter-dated bills ticked up, as investors positioned themselves before the end of the Federal Open Market Committee (FOMC) meeting. The pan-European STOXX 600 index (.STOXX) rose 0.29% and MSCI's gauge of stocks across the globe (.MIWD00000PUS) gained 0.12%. The dollar fell ahead of the Fed statement indicating bets that it make indicate a pause in the hiking cycle, which could lead to further dollar declines. The dollar index fell 0.461%, with the euro up 0.5% to $1.1054.

Concerns have been heightened by the wild swings in market interest rates since the collapse of Silicon Valley Bank (SIVB.O) last week. Fund managers advise shunning high-yield bonds, despite their attractive yields, because of the risk these bonds could be hit by ratings downgrades, defaults and a squeeze in company earnings. Refinitiv Lipper data showed high-yield bond funds, after seeing an inflow of $7.63 billion in January, faced an outflow of $11.51 billion in February. Reuters GraphicsSo far this month, high-yield bond exchange-traded funds (ETFs) have seen a total outflow of $506 million. However, safer money market funds have attracted $28.76 billion, and government bond funds have seen an inflow of $15.52 billion since February.

☆ Coinbase bonds dragged lower as crypto market slumps
▼ + stars: | 2022-11-22 | by ( ) www.reuters.com time to read: +2 min

Nov 22 (Reuters) - Coinbase Global's (COIN.O) bonds have fallen heavily, and its shares have hit record lows, as investors ditched crypto following rival FTX's collapse earlier this month. The spike in Coinbase yield and its the increasing premium over the corresponding 10-year U.S. Treasury yield indicated investors are growing increasingly concerned about the crypto exchange's creditworthiness. The yield on Coinbase's notes due 2026 was at 15.52%, after touching a record high at 15.78% on Friday. Moody's Investors Service said on Monday it had placed Coinbase's corporate family rating, currently at Ba3, on review for downgrade. Shares of Coinbase have lost nearly 38% in value this month and closed at a record low at $41.23 on Monday.

☆ Partidul Conservator obține o victorie istorică în alegerile parțiale din Hartlepool, bastion laburist
▼ + stars: | 2021-05-07 | by ( Publika.Md - Aici Sunt Știrile | ) www.publika.md time to read: +2 min

Partidul Conservator al prim-ministrului Boris Johnson a câştigat o victorie istorică în circumscripţia electorală Hartlepool, unde un candidat al său obţine mandatul de deputat pentru prima dată după mai bine de 50 de ani în acest bastion laburist din nord-estul Angliei, potrivit rezultatelor oficiale comunicate vineri, transmit AFP şi Reuters, potrivit Agerpres. Conform acestor rezultate, printre primele anunţate după alegerile locale şi regionale desfăşurate joi, conservatoarea Jill Mortimer a primit 15.529 de voturi la Hartlepool, aproape dublu faţă de scorul înregistrat de contracandidatul său laburist Paul Williams (8.589). Această victorie categorică îi oferă lui Boris Johnson o majoritate şi mai consistentă în Camera Comunelor şi va creşte presiunea asupra liderului laburist Keir Starmer, criticat deja pentru neîndeplinirea promisiunii de a revigora partidul după dezastrul electoral din 2019. „Este un rezultat istoric”, a declarat vineri Amanda Milling, copreşedinte al Partidului Conservator, după numărarea voturilor. Rezultatul de la Hartlepool continuă o tendinţă stabilită de Boris Johnson în alegerile generale din 2019, când a „spart” aşa-numitul „zid roşu” laburist din nordul şi centrul Angliei, obţinând o majoritate absolută în parlament.

Persons: Boris Johnson, conservatoarea Jill Mortimer, laburist Paul Williams, Keir Starmer, Amanda Milling Organizations: Partidul Conservator, Agerpres, Camera Comunelor, Partidului Conservator Locations: Angliei, Hartlepool, laburist, Regatului Unit, Scoţia, Anglia, Ţara Galilor, Downing Street

☆ LIVE/ Ședința Parlamentului continuă și la această oră: PSRM - ȘOR au votat, în lectură finală, două dintre proiectele bugetelor anuale
▼ + stars: | 2020-12-16 | by ( Diana Severin | ) www.zdg.md time to read: +5 min

22:37 Tot cu 55 de voturi PSRM – ȘOR a fost votat în lectură finală Proiectul legii fondurilor asigurării obligatorii de asistență medicală pe anul 2021. 22:35 Cu 55 de voturi, Proiectul legii bugetului asigurărilor sociale de stat pe anul 2021 a fost votat în lectura a doua, lectură finală. 22:34 Este prezentat raportul Comisiei privind Proiectul legii bugetului asigurărilor sociale de stat pe anul 2021. , proiectul a fost votat în lectura a doua. Ordinea de zi a ședinței a fost aprobată de majoritatea celor prezenți în sală.

Persons: Legislatorii, 15.52, Igor Grosu, anabolizante, Diana Severin, DEP Organizations: Autorității Naționale, Pro Moldova, Partidul Politic, Organizației Internaționale a Muncii, Organizației Internaționale, Muncii, Găgăuziei, Parlamentul, 15.54, Pro, Externe Locations: Integritate, Moldova, Republica Moldova, ș.a ., ș.a, Găgăuz, Yeri, Pro Moldova

☆ VIDEO/ După ce deputații PSRM - ȘOR au votat, în lectură finală, proiectele bugetelor anuale, a fost încheiată și sesiunea parlamentară
▼ + stars: | 2020-12-16 | by ( Diana Severin | ) www.zdg.md time to read: +7 min

Acum noi asistăm la ceva nemaipomenin, nu a fost așa ceva nici în timpul lui Plahotniuc. 22:37 Tot cu 55 de voturi PSRM – ȘOR a fost votat în lectură finală Proiectul legii fondurilor asigurării obligatorii de asistență medicală pe anul 2021. Detalii aici22:35 Cu 55 de voturi, Proiectul legii bugetului asigurărilor sociale de stat pe anul 2021 a fost votat în lectura a doua, lectură finală. , proiectul a fost votat în lectura a doua. Ordinea de zi a ședinței a fost aprobată de majoritatea celor prezenți în sală.

Persons: Plahotniuc ., Alexandru, Legislatorii, 15.52, Igor Grosu, anabolizante, Diana Severin, DEP Organizations: Parlamentului, Partidul Politic, Autorității Naționale, Pro Moldova, Organizației Internaționale a Muncii, Organizației Internaționale, Muncii, Găgăuziei, Parlamentul, 15.54, Pro, Externe Locations: Integritate, Moldova, Republica Moldova, ș.a ., ș.a, Găgăuz, Yeri, Pro Moldova

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