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Chipmaker Infineon raises 2022 revenue outlook after results beat

Infineon, the leading supplier of microchips to the auto industry, reported on Monday a 22% rise in second-quarter revenue and lifted its full-year outlook as it benefits from a global shortage. | May 9, 2022

Russia-Ukraine War: Nokia s Pullout From Russia Amid Ukraine War Is One Step More Than Rivals

Telecoms equipment maker Nokia is pulling out of the Russian market, its CEO told Reuters, going a step further than rival Ericsson, which said on Monday it was indefinitely suspending its business in the country.

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