The chairman of Apple Inc supplier Foxconn said on Saturday he expects his company and its clients will face only "limited impact" from a chip shortage that has rattled the global automotive and semiconductor industries.
Taiwan Economy Minister Wang Mei-hua said on Saturday she had received a letter from the White House on the global shortage of auto chips and Taiwanese semiconductor firms are "doing what they should" to address the problem.
Alphabet Inc's Google fired staff scientist Margaret Mitchell on Friday, they both said, a move that fanned company divisions on academic freedom and diversity that were on display since its December dismissal of AI ethics researcher Timnit Gebru.
Facebook Inc is back at the negotiating table, Australian Prime Minister Scott Morrison said on Saturday after the tech giant this week blocked news on its site in the country.
Singapore: The Commercial Affairs Department is investigating two companies for alleged fraud in a nickel investment scheme, said the police late on Friday (Feb 19). A man, who is a director at both companies, has also been arrested. Envy Asset Management and Envy Global Trading are suspected of ...
Brazilian President Jair Bolsonaro has decided to appoint former Defense Minister Joaquim Silva e Luna as chief executive of state-controlled oil company Petrobras, he said in a Friday post on Facebook.
BlackRock Inc will beef up its process to investigate workers' concerns and expand training after former employees shared accounts on social media of racial and sexual harassment.
Petroleo Brasileiro SA's executive management is considering resigning en masse after the Brazilian government decided to replace Chief Executive Roberto Castello Branco, three people close to the management said, asking not to be named as information is private.
NEW YORK: Bitcoin touched a market capitalisation of US$1 trillion as it hit yet another record high on Friday (Feb 19), countering analyst warnings that it is an "economic side show" and a poor hedge against a fall in stock prices. The world's most popular cryptocurrency jumped to an...
Insurers could suffer record first-quarter catastrophe losses after the historic Texas winter storm, which crippled the state's electrical grid and caused extensive property damage including collapsed roofs and broken pipes, insurer credit rating agency A.M. Best said on Friday.
