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Markets

UK’s competition watchdog begins probe into Facebook’s Giphy deal

UK's competition watchdog on Thursday launched its initial investigation into Facebook Inc's completed acquisition of popular GIF website Giphy.

Markets

Saudi Arabia’s futuristic city project in talks over cloud computing deal

Saudi Arabia's futuristic city project NEOM is in talks with companies to pick a lead partner for its first cloud computing deal that will lay the foundation for hi-tech services in its flagship US$500 billion business zone, a senior executive said.

Markets

Qualcomm loses fight against EU antitrust regulators’ data demand

Qualcomm on Thursday lost its fight against a data demand from EU antitrust regulators after Europe's top court reaffirmed the regulators' right to see it, in a case that has already landed the company a 242-million-euro (US$292.60 million) fine.

Markets

Taiwan asks Germany to help obtain COVID-19 vaccines

TAIPEI: Taiwan has sought Germany's help in securing COVID-19 vaccines, Economy Minister Wang Mei-hua said on Thursday (Jan 28), after Berlin asked for the island's assistance in easing a shortage of automobile semiconductor chips. Wang told reporters she made the request at a meeting with ...

Markets

Exclusive: Regulators press Deutsche Bank CEO to drop investment bank role – sources

Regulators are pressing Deutsche Bank CEO Christian Sewing to relinquish day-to-day oversight of its sprawling investment bank, two people with knowledge of the matter said.

Markets

Singapore moves to guide companies through ‘green’ transition

IN a move to guide companies through a green transition, the Green Finance Industry Taskforce (GFIT), convened by the Monetary Authority of Singapore (MAS), issued a proposed taxonomy to help Singapore-based financial institutions identify green activities.

Markets

Boeing gets US govt approval to offer F-15EX to India

Boeing has received a licence from the U.S. government to offer its F-15EX fighter jet to the Indian air force, a senior executive said on Thursday.

Markets

Broker’s take: Maybank positive on Singapore, Thai banks; remains ‘neutral’ on Indonesia banks

MAYBANK has upgraded its sector outlook on Singapore banks to "positive", while maintaining its recommendations on Thailand and Indonesia banks to "positive" and "neutral" respectively.

Markets

Broker’s take: Maybank KE positive on Singapore, Thai banks; remains ‘neutral’ on Indonesia banks

MAYBANK has upgraded its sector outlook on Singapore banks to "positive", while maintaining its recommendations on Thailand and Indonesia banks to "positive" and "neutral" respectively.

Markets

Toyota beats Volkswagen to become World’s No.1 car seller in 2020

Japan's Toyota Motor Corp overtook Germany's Volkswagen in vehicle sales last year, regaining pole position as the world's top selling automaker for the first time in five years as the pandemic demand slump hit its German rival harder.

Markets

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