08:33 AM EDT, 09/19/2024 (MT Newswires) -- POET Technologies ( POET ) , on Thursday said it has will collaborate with Mitsubishi Electric to develop integrated optical engine chipsets for 3.2T pluggable transceivers, a product required for optical connectivity in the artificial intelligence networking market. POET and Mitsubishi Electric will jointly support product demonstrations with major customers. The two companies...

Walmart Inc. ( WMT ) is gearing up for the holiday season with new initiatives aimed at convenient shopping habits. Leading the charge is the return of its inflation-free Thanksgiving meal, now priced lower than last year, set to launch on October 14. This year, the retailer also introduced a convenient “buy one, give one” donation feature, allowing customers to...

08:32 AM EDT, 09/19/2024 (MT Newswires) -- Whitecap Resources ( SPGYF ) on Thursday said it expects 2024 production will be at the high end of its guidance. The company also said it received an investment-grade credit rating from DBRS after adding a $2 billion debt facility. The Western Canadian oil and gas producer said it expects its output to...

LONDON (Reuters) - European banks may not be sufficiently provisioned for property loan defaults if severe pressure leads to rapid growth in problem loans, a report by Moody's Ratings said on Thursday, but judged lenders likely had strong enough capital buffers to cope. Property owners across the region have been squeezed by slumping prices and higher borrowing costs, raising the...