Nvidia Corp's US$40 billion agreement to acquire Arm Ltd from SoftBank Group Corp is likely to meet strong opposition from Nvidia's chip industry rivals, analysts say, with murmurs of protest emerging in South Korea and China within hours of the deal's announcement.
Chinese investment in Australia almost halved in 2019, new data released Monday showed, as relations between the two countries deteriorated.
SINGAPORE: The Singapore Tourism Board (STB) and online booking platform Klook have launched a S$2 million marketing partnership to promote local tourism and lifestyle offerings under the SingapoRediscovers campaign, the organisations said on Monday (Sep 14). The announcement comes after Singapore ...
SINGAPORE: Nearly 1,500 jobs, traineeships, attachments and training opportunities have been made available by more than 270 precision engineering firms under the SGUnited Jobs and Skills Package since April, as the industry continued to grow despite the current pandemic-fueled downturn. Jobs made ...
Private equity firm Carlyle Group is looking to invest up to US$2 billion in Indian conglomerate Reliance Industries' retail business, financial daily Mint reported on Monday, citing people aware of the development.
SoftBank Group Corp said on Monday it has agreed to sell chip designer Arm to Nvidia Corp for as much as US$40 billion in a deal set to reshape the semiconductor landscape.
REUTERS: ByteDance abandoned the sale of TikTok in the United States on Sunday in pursuit of a partnership with Oracle Corp that it hopes will spare it a U.S. ban while appeasing China's government, people familiar with the matter told Reuters. The Beijing-based company had been in talks to...
HOUSTON: Offshore platforms and one refinery along the U.S. Gulf Coast shut down on Sunday as they prepared for a second hurricane strike in less than a month. Phillips 66 began shutting its 255,600 barrel-per-day (bpd) Alliance, Louisiana, refinery as Tropical Storm Sally was forecast to pass ...
DAEJEON, South Korea: When the South Korea government unveiled an expanded semiconductor material testing facility last month, the centrepiece was a towering white machine given by Samsung Electronics at a fraction of its market price. The facility, aimed at motivating local suppliers to make and ...
NEW YORK: US tech giant Microsoft said on Sunday (Sep 13) its offer to buy TikTok was rejected, as a deadline looms for the Chinese-owned video app to sell or shut down its US operations. TikTok has been at the centre of a diplomatic storm between Washington and Beijing,...
