Intel Capital, the venture arm of chipmaker Intel Corp , has invested in two Chinese startups in the semiconductor sector, the company announced on Wednesday, as part of its latest batch of deals.
MONTREAL: Airlines and airports are recommending a layered approach to temporary safety measures as air travel restarts, warning that no single measure can mitigate all of the risks during the COVID-19 pandemic, according to a briefing document seen by Reuters. The plan laid out by the ...
SINGAPORE: Two Singapore-based executives of EY have been appointed interim judicial managers of Ocean Tankers, the accounting firm said on Tuesday (May 13), following a court hearing to consider the shipping company's request to appoint independent managers. Ocean Tankers is owned by the Lim ...
Facebook Inc on Tuesday reported a sharp increase in the number of posts it removed for promoting violence and hate speech across its apps, which it attributed to technology improvements for automatically identifying text and images.
Las Vegas Sands said in a statement on Wednesday it has ended its plans to open an integrated resort (IR) casino in Japan.
Texas Governor Greg Abbott said on Tuesday that he spoke with Elon Musk, the chief executive of Tesla Inc , in recent days about a potential move of the company's electric vehicle assembly plant to the Lone Star state.
Hedge fund Mudrick Capital Management LP asked Neiman Marcus Group's independent directors on Tuesday to explore a combination with rival department store chain Saks Fifth Avenue, challenging the company's plan to reorganize under bankruptcy protection.
SAN FRANCISCO: Work messaging app Slack suffered an outage on Wednesday morning (May 13). Slack on its website reported slightly before 8am (Singapore time) that users were experiencing timeouts and difficulties sending messages, and that it is "working to get things back to normal as quickly as ...
Occidental Petroleum Corp is offering its employees voluntary buyouts over the next two weeks, according to a document seen by Reuters on Tuesday, after the company said last week it was looking at several options to shore up its impaired balance sheet.
Asian equities were set to pull back on Wednesday as heightened concerns about coronavirus infections and the timing for a vaccine outweighed the lift from rebounding oil prices and upbeat corporate earnings in Europe.
