AMSTERDAM (Reuters) -ASML, the largest supplier of equipment to computer chip makers, on Wednesday reported first-quarter earnings of 1.22 billion euros ($1.30 billion), and a worse-than-expected inflow of new bookings of 3.6 billion euros. Net income was down from 2.05 billion euros in the fourth quarter of 2023. Sales were 5.29 billion euros, down from 7.24 billion euros. Analysts had...

BENGALURU (Reuters) - Investment firms GQG and Fidelity picked up shares worth $261 million in India's Vodafone Idea as part of the debt-saddled telecom operator's planned $2.16 billion share sale, the company said. Vodafone Idea sold shares worth 54 billion rupees ($645.5 million) to institutional investors in the first stage of its 180 billion rupees follow-on offering, the country's largest...

GUANGZHOU, China (Reuters) - Wu Huazhan's Chinese television factory used to impose minimum orders to manage production efficiently. Times are now so bleak, it will take any order. Foshan Top Winning Import & Export's profit margin has dropped to a wafer-thin 0.5% from 2% some 3-4 years ago, according to Wu, a co-owner of the Guangdong-based factory and one of...

JAKARTA, April 17 (Reuters) - Apple Inc ( AAPL ) will look into building a manufacturing facility in Indonesia, its CEO said on Wednesday after meeting President Joko Widodo, who hoped the tech giant would increase its local content by partnering with domestic firms. Apple ( AAPL ) chief executive Tim Cook arrived in Jakarta on Tuesday after visiting Vietnam....