04:16 AM EDT, 09/24/2025 (MT Newswires) -- Applied Materials ( AMAT ) said late Tuesday it will work with GlobalFoundries ( GFS ) to set up a waveguide fabrication facility at GlobalFoundries' ( GFS ) Singapore project to support the growing use of photonics in artificial intelligence technologies. Applied Materials ( AMAT ) will develop waveguide components, with GlobalFoundries (...

BERLIN (Reuters) -Mercedes-Benz announced changes to its top management on Wednesday, replacing chief technology officer Markus Schaefer with head of production Joerg Burzer, as it pursues cost efficiencies with a younger board. Burzer, aged 55, will assume responsibility for development and procurement and take on the CTO role from the beginning of December together, the German company said in a...

LONDON, Sept 24 (Reuters) - Nike's ( NKE ) new CEO Elliott Hill got a vote of confidence from one of its largest customers, British sportswear retailer JD Sports, whose finance chief said Nike ( NKE ) was doing all the right things to revive demand. Hill, who was with Nike ( NKE ) for more than three decades, returned...

(Reuters) -Australia's Woodside Energy said on Wednesday it has clinched an agreement to supply about 5.8 billion cubic metres of liquefied natural gas, to Turkish state-owned petroleum company BOTAS. Australia's biggest natural gas producer has agreed to supply for a period of nine years starting from 2030, primarily from its Louisiana LNG project, according to a company statement. The deal comes at...