Nvidia Corp has submitted an application to Chinese competition regulators to review a US$40 billion takeover of UK chip designer Arm, the Financial Times reported on Tuesday, citing people familiar with the matter.
Long-time Tesla Inc executive Jerome Guillen, who oversaw its Semi electric trucks slated to be launched this year, has left the company, Tesla said on Monday, barely three months after taking over the role.
BEIJING: China's southern tech city of Shenzhen said on Monday it would offer up to 300 million yuan (US$47 million) in financial incentives per project as part of a push to become an innovation hub for satellite development and related industry applications. The city, in Guangdong province ...
The World Bank has slashed its Philippine growth projection for this year due to a deeper-than-expected contraction in the first quarter and the reimposition of stricter quarantine measures in the capital region to contain a surge in COVID-19 cases.
TOKYO: The Group of Seven (G7) advanced countries has struck a "historic" agreement for a minimum global corporate tax of at least 15 per cent, raising momentum for a wider deal among the G20 major economies, Japanese Finance Minister Taro Aso said. Aso was speaking to reporters after a...
TAIPEI: It is still too early to say whether the major chip companies that operate in Taiwan's tech hub of Hsinchu will be safe from the latest increase in COVID-19 infections, but the government is doing all it can, its mayor told Reuters. After months of relative safety, Taiwan...
UOB on Tuesday said it commenced a consent solicitation process to seek approval to modify the terms and conditions of the bank's £350 million (S$656 million) floating rate covered bonds due 2023.
HONG KONG: Cathay Pacific Airways said on Tuesday (Jun 8) that the Hong Kong government had agreed to extend the drawdown period for a HK$7.8 billion (US$1.01 billion) loan facility by a year to June 2022, giving it more flexibility to manage liquidity. The bridge loan was part of...
Semiconductor manufacturer GlobalFoundries on Monday sued International Business Machines Corp, asking a judge to rule that it did not violate a contract with the U.S. company which claims it is owed US$2.5 billion in damages.
Proxy adviser Glass Lewis has urged SoftBank Group Corp shareholders to oppose the election of corporate lawyer Ken Siegel to the board of directors due to his professional ties with the Japanese conglomerate.
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