ASML falls victim to corporate theft, plays down impact
Dutch semiconductor equipment maker ASML said on Thursday that a U.S. software subsidiary was the victim of corporate theft several years ago, but denied that the information stolen was a blueprint for its lithography machines.
ASML says damage from corporate theft in U.S. was limited
Dutch semiconductor equipment manufacturing company ASML Holding NV on Thursday confirmed it had been the victim of corporate espionage but downplayed the impact on its business.
LVMH shares touch record highs after luxury group’s solid first-quarter sales
LVMH’s shares hit record highs on Thursday after the Louis Vuitton owner posted strong first-quarter sales which set a high bar for rival luxury companies also chasing Chinese demand for high-end handbags and clothing.
Apple adds Foxconn, chip suppliers to clean energy program
Apple Inc said on Thursday it has nearly doubled the number of suppliers using only clean energy for production work, including two that assemble and make the processor chips for the iPhone.
Growth woes, trade tension douse rally in Asian shares
Asian stocks stepped back from near eight-month highs on Thursday and the dollar eased as cautious European and U.S. central banks reinforced investors’ worries about the slowing global economy and trade protectionism.
Factbox: Four measures to watch for in Uber’s IPO filing
Uber Technologies Inc’s initial public offering (IPO) filing on Thursday will draw inevitable comparisons to its smaller ride-hailing rival Lyft Inc, which completed its initial public listing last month.
Carlos Ghosn’s wife arrives at Tokyo District Court: Kyodo
The wife of ousted Nissan boss Carlos Ghosn arrived at Tokyo District Court, Kyodo News reported on Thursday, where she is expected to be questioned by prosecutors.
SAP CEO aims to double market value to 250-300 billion euros by 2023: report
Europe’s largest technology company SAP aims to more than double its market value to between 250 billion euros and 300 billion euros ($282-$338 billion) by 2023, Chief Executive Bill McDermott told a German newspaper.
Chinese employees stole corporate secrets from ASML: Dutch newspaper FD
Chinese employees stole corporate secrets from Dutch semi-conductor equipment maker ASML, resulting in hundreds of millions of dollars in losses, leading Dutch financial newspaper Financieele Dagblad (FD) reported on Thursday. The paper said, citing…
How to say the ‘R-word’: bank executives grapple with recession talk
Executives at the largest U.S. banks are grappling with how to best talk about the slowing economy and its impact on their businesses as they enter earnings season, people familiar with their thinking told Reuters.
