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Poland’s CD Projekt to seek M&A targets in bid to become a top gamemaker

WARSAW :Poland's CD Projekt will actively look for merger and acquisition targets in its bid to become one of the top three video game makers in the world, it said on Tuesday.

Markets

SpaceX starship SN11 rocket fails to land safely after test launch in Texas – SpaceX

An uncrewed SpaceX Starship prototype rocket failed to land safely on Tuesday after a test launch from Boca Chica, Texas, and engineers were investigating, SpaceX said.

Markets

Cisco unveils gear to cope with pandemic demand, 5G

Cisco Systems Inc on Tuesday announced new products to help mobile network operators manage increased data traffic generated by homeworking because of the pandemic and as the 5G rollout connects billions more devices to the internet.

Markets

Wells Fargo says no losses from Archegos downfall

Wells Fargo & Co said on Tuesday it had a prime brokerage relationship with Archegos Capital and it did not experience any losses related to the closing of its exposure.

Markets

China’s Geely to set up new aerospace company

China's Zhejiang Geely Holding Group plans to set up a commercial aerospace company to develop its satellite and communications technologies in the southern city of Guangzhou, local government said on Tuesday.

Markets

US consumer confidence hits one-year high; house prices soar

WASHINGTON :U.S. consumer confidence raced in March to its highest level since the start of the COVID-19 pandemic, supporting views that economic growth will accelerate in the coming months, driven by more fiscal stimulus and an improving public health situation.

Markets

Facebook’s chief revenue officer to leave later this year

Facebook Chief Revenue Officer David Fischer said Tuesday he will leave the social media company toward the end of this year, in a post on his verified Facebook profile.

Markets

SpaceX starship SN11 rocket fails to land safely after test launch in Texas, investigation underway: SpaceX

A SpaceX Starship prototype rocket failed to land safely on Tuesday after a test launch from Boca Chica, Texas, and engineers were investigating, Spacex said.

Markets

Credit Suisse in firing line after Archegos losses

ZURICH/NEW YORK :Pressure was mounting on Credit Suisse on Tuesday over losses linked to the downfall of Archegos Capital, with analysts and investors warning dividend and share buyback plans may need to go on hold.

Markets

Aurora, Volvo are latest partners on self-driving heavy trucks

Global heavy truck manufacturers are lining up technology partners to help build out self-driving systems for long-haul freight that could see widespread commercial service well before self-driving robotaxis.

Markets

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