LONDON: British-based digital banking app Revolut has raised around US$800 million in a funding round led by Softbank's Vision Fund and Tiger Global Management, Sky News reported on Thursday. The fundraising values the fast-growing company at around US$33 billion, Sky News reported, making it ...
China's share of global bitcoin production power fell sharply even before a recent crackdown by its authorities on cryptocurrency mining, research by the University of Cambridge showed on Thursday.
Britain's competition regulator said on Thursday it has fined several drugmakers a total of more than 260 million pounds (US$360 million) for overcharging the state-backed NHS healthcare network in relation to supply of hydrocortisone tablets.
SINGAPORE: Residents can now report municipal issues such as cleanliness, illegal parking or animal issues in their neighbourhood via a chatbot on WhatsApp and Telegram. As part of Singapore's national artificial intelligence (AI) strategy, the Municipal Services Office (MSO) and the Smart Nation ...
TAIPEI :Taiwan's TSMC posted an 11per cent rise in quarterly profit and record revenue on Thursday, boosted by a pandemic-led surge in global demand for chips that power devices such as smartphones and laptops.
OSLO: Adevinta reported on Thursday a bigger-than-expected jump in second-quarter revenue, as the easing of pandemic curbs lifted businesses, while the Norwegian company initiated a strategic review after completing the acquisition of U.S. e-commerce group eBay's classifieds group. Operating ...
BERLIN: German open-source software company SUSE on Thursday reported results in line with expectations and confirmed its guidance, in the first set of quarterly results since it floated on the Frankfurt Stock Exchange in May. Adjusted revenue was up 9per cent to US$136.8 million while ...
Dutch navigation and digital mapping company TomTom on Thursday cut its 2021 outlook, amid a global shortage in semiconductor chips that has disrupted auto supply chains and should eat into its revenues from carmakers.
OCBC is not seeing any cause for concern on the repayment of loans among small and medium-sized enterprises (SMEs) in Singapore even as Covid-19 relief measures get extended further, but it is "definitely watching" neighbouring countries Malaysia and Indonesia closely for signs of business distress, said a top...
KUALA LUMPUR: An equity deal for a planned mega project near Malaysia's capital involving the government, developer Iskandar Waterfront Holdings (IWH) and its Chinese partner will not proceed by mutual agreement, the parties said in a joint statement. The agreement on a 7.41 billion ringgit (US$1 ...
