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SHANGHAI (Reuters - May 13, 2023) - Chinese smartphone maker Oppo said it will shut down its chip design unit, citing uncertainties in the global economy and the smartphone industry. The company, one of China's best-selling domestic…

(Reuters - May 01, 2023) - Morgan Stanley (MS.N) is planning to eliminate about 3,000 jobs in the second quarter, a source told Reuters on Monday, in its second round of job cuts in six months. Slow dealmaking and a tough economic…

BENGALURU (Reuters - 24 April 2023) - Indian steel maker Tata Steel Ltd (TISC.NS) on Monday said it initiated trial for injecting hydrogen gas at its blast furnace in the company's flagship plant, in a move to reduce metallurgical coke…

AMSTERDAM (Reuters - 24 April 2023) - Dutch health technology company Philips (PHG.AS) on Monday said it had set aside 575 million euros ($631 million) for possible litigation costs related to its global recall of respiratory machines.…