Culture
Qualcomm’s takeover interest in Intel is said to cool
QUALCOMM’s interest in pursuing an acquisition of Intel has cooled, according to sources familiar with the matter, upending what would have likely been one of the largest technology deals...
EV battery maker calls for cheaper EU energy to counter China
THE South Korean owner of the European Union’s largest factory of electric vehicle (EV) batteries called on the bloc to reduce energy costs and grow the strategic industry amid...
Singapore shares slip amid mixed Asia markets after Trump threatens tariffs; STI down 0.5%
SINGAPORE stocks fell on Tuesday (Nov 26), following a mixed picture in other Asian markets after US president-elect Donald Trump said he would impose an extra 10 per cent...
Addvalue seeks at least US$2.1 million from Chinese software company
It does not expect the commencement of arbitration proceedings to have a material impact on the company’s financial positionADDVALUE Technologies has commenced arbitration proceedings in Hong Kong against Xepic...
Sembcorp clinches 300 MW wind-solar hybrid power project from India’s state-run power producer
Upon its completion, energy and urban development company will sell power output from the project to NTPC under a 25-year contractINDIA’S NTPC has appointed Sembcorp Industries to build, own...
Stocks to watch: Sats, Sembcorp
THE following companies saw new developments that may affect trading of their securities on Tuesday (Nov 26): Sats: The in-flight caterer and ground handler intends to divest 49 per...
Zoom gives in-line sales forecast while investors seek more
ZOOM Video Communications gave a sales forecast for the current quarter that failed to impress investors who were expecting a bigger boost from the company’s expanded suite of products....
BP looks forward to growth in US under Trump
BP ANTICIPATES strong growth in the US as President-Elect Donald Trump improves regulations on the oil and gas industry just as artificial intelligence (AI) boosts energy demand.“We look forward...
UBS targets rich women as return to Australia strategy shapes up
UBS Group is returning to wealth management in Australia after it exited almost a decade ago, tapping the Credit Suisse franchise it bought to make a renewed charge.The firm...
Citigroup awards special retention bonuses for dozens, Bloomberg News reports
CITIGROUP’S wealth unit has greenlit special retention bonuses for dozens of personnel this year as the Wall Street giant looks to prevent more bankers from leaving, Bloomberg News reported...
