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China SMIC chairman resigns, replaced by chemical industry veteran

Semiconductor Manufacturing International Corp (SMIC) said Chairman Gao Yonggang has resigned, marking the latest board level departure from China's largest chipmaker in recent years as it battles U.S. pressure. ....

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Ethio Telecom profit more than doubles before planned stake sale

Ethiopian state-owned telecoms company Ethio Telecom's profit more than doubled in its latest financial year to about 18.8 billion birr ($344 million), as revenue and subscriber numbers also rose, its chief executive said on Tuesday. ....

Addis Ababa , Dawit Endeshaw , Jason Neely , Frehiwot Tamiru , Thomson Reuters Trust Principles , Ethio Telecom , Prime Minister Abiy Ahmed , East Africa , Alexander Winning , Thomson Reuters Trust ,

Court rules against Uber in major win for California workers

Uber must face a lawsuit claiming it should have covered UberEats drivers' work-related expenses, the the state's top court said. ....

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India's Infosys signs five-year AI deal with $2 bln target spend

India's second-largest software services exporter Infosys said on Monday it has signed a deal with an existing client to provide artificial intelligence (AI) and automation services that will span over five years, with a target spend estimated at $2 billion. ....

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Softbank-backed Neumora's depression drug cuts symptoms in mid-stage trial

Softbank-backed Neumora Therapeutics' experimental drug navacaprant has helped reduce symptoms of depression in patients with moderate-to-severe forms of the disorder in a mid-stage trial, the company said on Tuesday. ....

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