(Reuters) - UnitedHealth Group (NYSE:UNH) said the electronic prescribing for its pharmacy services is now fully functional, with claims submission and payment transmission also available after cyber attack on its tech unit Change Healthcare (NASDAQ:CHNG) impacted services. UnitedHealth said on Thursday that electronic payment functionality for its payments platform will be available for connection on...
By Arsheeya Bajwa and Max A. Cherney (Reuters) -Broadcom said on Thursday it expects $10 billion in revenue from chips related to artificial intelligence this year, but its stock dipped after the tech company\'s full-year forecast failed to impress investors.Smaller rival Marvell (NASDAQ:MRVL) Technology\'s forecast revenue below market expectations, sending its stock down over 6%...
BEIJING (Reuters) - Chinese state-owned oil and gas giant CNOOC (NYSE:CEO) Ltd has discovered a new reserve in the South China Sea containing over 100 million tons of oil equivalent proved in-place, the company said in a statement on Friday. The reserve is located at CNOOC\'s deepwater Kaiping South oilfield in the Pearl River Delta...
SINGAPORE (Reuters) - Stonepeak, a New York-headquartered alternative investment firm, on Friday said it has raised $3.3 billion for its Stonepeak Asia Infrastructure Fund, its first fund dedicated to Asia. The firm said it exceeded its $3 billion target after receiving \"robust demand from new investors and existing investors in other Stonepeak funds.\" Stonepeak focuses...
KUALA LUMPUR (Reuters) - Goodyear Tire & Rubber Co, one of the world\'s largest tire makers, plans to shut down its plant in Malaysia on June 30 - a decision expected to affect more than 500 employees, the company and Malaysia\'s investment promotion agency said. Goodyear said the decision to shutter the plant in the...
(Reuters) - Chinese companies Huawei Technologies and Semiconductor Manufacturing International Corp used US technology to produce an advanced chip in China in 2023, Bloomberg News reported, citing people with knowledge of the matter. SMIC used technology from California\'s Applied Materials Inc (NASDAQ:AMAT) and Lam Research Corp (NASDAQ:LRCX) to develop an advanced 7-nanometer chip for Huawei...
By Lewis Jackson and Stella Qiu SYDNEY (Reuters) - Volkswagen (ETR:VOWG_p) Australia said on Friday it was concerned about the exit of electric vehicle makers Tesla (NASDAQ:TSLA) and Polestar (NASDAQ:PSNY) from Australia\'s major automotive lobby in protest over the organisation\'s criticism of proposed vehicle emissions rules. The German automaker said it supported the government\'s proposed...
SEOUL (Reuters) - South Korea\'s antitrust agency will consider imposing sanctions on Meta Platforms (NASDAQ:META) for allegedly failing to protect some users of online marketplaces operated by Facebook and Instagram against fraudulent transactions, news reports said on Friday. The Korea Fair Trade Commission (FTC) had investigated possible violations of the country\'s e-commerce law and had...
By David Shepardson WASHINGTON (Reuters) -The U.S. House of Representatives will fast-track a vote next week on legislation that would give China\'s ByteDance six months to divest from short video app TikTok or face a U.S. ban after a committee unanimously approved the measure Thursday. The Energy and Commerce Committee 50-0 vote represents the most...
(Reuters) - Boeing (NYSE:BA) said on Thursday it is overhauling how it pays employee bonuses to emphasize quality and safety, with this year\'s operational goals exclusively focused on these two components. This announcement comes as the planemaker has scrambled to explain and strengthen safety procedures after a door panel detached during a Jan. 5 flight...