Markets

Telecoms gear maker Ericsson said on Friday it would acquire Cradlepoint, a provider of wireless WAN solutions, in a deal worth US$1.1 billion on an enterprise-value basis.

SoftBank Group Corp said on Friday it would sell U.S. cellphone distributor Brightstar Global Group for an undisclosed price, marking the latest asset sale by the Japanese conglomerate to fund a record stock buyback and raise cash.

French Labour Minister Elisabeth Borne said she would visit a tyre plant in northern France next Monday as she reiterated calls on Japanese owners Bridgestone to consider alternatives to closing the site.

Swiss watchmaker Maurice de Mauriac is confident it can find a new supplier for watch mechanisms to maintain production as it battles an industry-wide drop in demand due to the COVID-19 pandemic.

U.S. electric carmaker Tesla Inc won its case against a former employee, who was fired for hacking and transferring company data to third parties, according to court documents filed on Thursday.

Telecoms gear maker Ericsson said on Friday it would acquire Cradlepoint, a provider of wireless WAN solutions, in a deal worth US$1.1 billion on an enterprise-value basis.

THE General Insurance Association of Singapore (GIA) and the Life Insurance Association, Singapore (LIA Singapore) on Friday announced the extension of relief measures that would give policyholders more time to pay premiums while maintaining their coverage.

Leaders of Europe's coronavirus-stricken travel and tourism industries have appealed to the EU's chief executive to press governments to end quarantine requirements and instead embrace coordinated restrictions and testing.

U.S. President Donald Trump announced a new round of pandemic assistance to farmers of about US$13 billion at a campaign rally in Wisconsin on Thursday night, delivering aid to an important sector in a crucial battleground state.

WASHINGTON: The head of a major apparel industry group told lawmakers on Thursday (Sep 17) that blanket US import bans on cotton or other products from China's Xinjiang region over forced labor concerns would "wreak havoc" on legitimate supply chains. Stephen Lamar, president of the American ...