Saudi Telecom Buys $2.25 Billion Stake in Spain’s Telefonica
Saudi Telecom Co. is taking a nearly 10% stake in Spain’s Telefonica SA for roughly $2.25 billion as
2023-09-06 14:54
Amazon’s FTC Antitrust Suit Likely to Be Filed in September
The Federal Trade Commission is likely to sue Amazon.com Inc. later this month, capping a four-year antitrust investigation
2023-09-06 08:21
Top Philippine Mall Operator Tips Higher Sales on School Opening
Top Philippine mall operator SM Prime Holdings Inc.’s revenue from its malls in the country may exceed 16.1
2023-09-06 07:57
Coinbase to launch new lending platform aimed at large institutional investors
By Jaiveer Shekhawat Crytocurrency exchange Coinbase Global is launching a digital asset lending platform aimed at large institutional
2023-09-06 07:29
SoftBank’s Arm Seeks to Raise Up to $4.87 Billion in Anticipated IPO
SoftBank Group Corp.’s Arm Holdings Ltd. is planning to raise as much as $4.87 billion in the chip
2023-09-06 06:17
United Airlines Planes Grounded Across the US on Equipment Outage
United Airlines Holdings Inc. grounded aircraft nationwide due to an unspecified equipment outage, according to the Federal Aviation
2023-09-06 02:49
Britain's second-largest city effectively declares itself bankrupt amid $950 million equal pay claims
Britain's second-biggest city effectively declared itself bankrupt on Tuesday, shutting down all nonessential spending after being issued with equal pay claims totaling up to £760 million ($956 million).
2023-09-06 01:55
Intel to offer foundry services to Tower Semiconductor after acquisition deal falls through
Intel will offer foundry services to Tower Semiconductor in a new deal that will see the Israeli contract
2023-09-05 20:28
Country Garden dodges default by making last minute debt payments, state media reports
Country Garden, the embattled Chinese real estate firm, made late interest payments on two US dollar bonds shortly before the end of a 30-day grace period, avoiding an imminent debt default, according to multiple state media reports.
2023-09-05 15:22
Cryptoverse: Venture capital still haunted by crypto chaos
By Lisa Pauline Mattackal and Medha Singh For venture capitalists, the scars of bitcoin's disastrous 2022 run deep.
2023-09-05 13:27
China's services activity falls in August to its lowest level in eight months
A private survey of business activity in China's services sector fell to its lowest level in eight months in August, as a flurry of economic stimulus measures seemed unable to reignite consumption demand.
2023-09-05 12:46
Alibaba Cloud Eyes State Firms for Up to $3 Billion Funding
Alibaba Group Holding Ltd.’s cloud division is weighing a private round to raise funds from Chinese state-owned enterprises
2023-09-05 11:26