Private equity firms KKR & Co and Clayton Dubilier & Rice LLC (CD&R) will take Cloudera Inc private in a deal valued at about US$5.3 billion, the cloud-based data analytics company said on Tuesday.
Cruise LLC, the autonomous vehicle (AV) company majority-owned by General Motors Co, has urged President Joe Biden to back efforts to speed thousands of self-driving cars to U.S. roads, saying the country risks lagging behind China, according to a previously unreported letter seen by Reuters.
A Chinese public-interest group said on Tuesday it is suing Tencent over what it alleges is inappropriate content for minors in the top global game developer's flagship video game, Honor of Kings.
STANDARD Chartered (StanChart) has partnered with Swedish fintech Doconomy to launch a digital tool that helps its customers track the impact on carbon emissions and freshwater consumption made as a result of their purchases, as identified through their credit and debit card transactions.
BANGKOK: Thai logistics startup Flash Group on Tuesday reported its latest round of fundraising had generated US$150 million, which it said pushed its overall value beyond the US$1 billion mark, reflecting a surge in e-commerce demand. The new investment comes amid strong growth of online ...
SHANGHAI: Shanghai's exchange-traded fund market exceeds 1 trillion yuan (US$156.84 billion) in capitalization, making it the world's sixth biggest, the city's bourse said on Tuesday, as trading started under the Shanghai-Hong Kong ETF Connect. Shanghai's ETF market is Asia's No.2 by market ...
Vietnam's main Ho Chi Minh Stock Exchange (HOSE) said in a statement it had halted trading on Tuesday afternoon after a surge in orders prompted concerns over market stability.
HONG KONG: Hong Kong's Cathay Pacific Airways said on Tuesday (Jun 1) that it had resumed pilot recruitment for those with local residency rights, as part of medium-to-long term planning despite having much of its fleet parked due to the COVID-19 pandemic. The move comes just weeks after it...
China's central bank on Tuesday issued a revised draft law on money laundering, vowing to ramp up punishment on money laundering activities.
China plans to cut 236 million tonnes of steel capacity during its 14th five-year planning period from 2021 to 2025, the China Iron and Steel Association said in a statement, citing its chairman He Wenbo.
