Category «News»

Zimbabwe’s ruling party set to sack Mugabe, sources say

HARARE (Reuters) – The leaders of Zimbabwe’s ruling ZANU-PF party will meet on Sunday to approve the dismissal of President Robert Mugabe, the only leader the southern African nation has known since independence 37 years ago, two party sources have said. Protesters march calling for Zimbabwean President Robert Mugabe to step down in Cape Town, …

Infineon Q4 Segment Result Climbs, Sees Revenue Growth In FY18; Stock Up

Chipmaker Infineon Technologies AG (IFNNY) reported Tuesday a lower net profit in its fourth quarter, while segment results climbed from last year on higher revenues in all segments. Further, the company lifted its dividend, and said it expects higher revenues in fiscal 2018. Infineon shares were gaining around 5 percent in the morning trading in …