Business
German defence tech firm to make drones in UK
A German defence technology company will soon begin producing drones in the UK, it has been announced. STARK, which makes the unmanned…
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Firm
Culture
Global EV sales jump 24% in June though North American market struggles: research firm
GLOBAL sales of electric and plug-in hybrid vehicles jumped 24 per cent in June from a year ago, as a switch to electric vehicles…
Culture
Dutch firm moves to privatise Grand Venture Technology at S$0.94 apiece
A Dutch firm is looking to take Grand Venture Technology private by way of scheme of arrangement, said the precision engineering solutons…
Culture
Dutch firm moves to privatise Grand Venture Technology at S$0.94 per share
A Netherlands-incorporated firm is looking to privatise precision engineering solutions company Grand Venture Technology at S$0.94 a…
Culture
Merck nears US$10 billion deal for London-based lung therapy firm Verona, FT reports
Merck is nearing a US$10 billion deal to buy lung diseases focussed Verona Pharma, as the US drugmaker is eyeing deals to offset the…
Culture
Singapore stocks hold firm after latest salvo of US tariffs; STI up 0.4%
Across the broader market, gainers outnumber losers 321 to 197, as 1.5 billion securities worth S$1.7 billion change hands The local…
Culture
Chip-design firm SkyeChip is close to a Malaysian IPO, CEO says
Malaysian semiconductor designer SkyeChip is “close” to an initial public offering after posting consecutive years of revenue and profit…
Culture
Another interior fit-out firm eyes Catalist IPO as Dezign Format lodges preliminary prospectus
A second interior fit-out company is preparing to list on the Singapore Exchange’s Catalist board in as many weeks, as Dezign Format Group…
Culture
Swiss-American eye care firm Alcon launches expanded Tuas manufacturing facility
Alcon, a Swiss-American pharmaceutical and medical device company specialising in eye care products, opened its expanded manufacturing and…
Business
German minister slams 'mistaken' investment in battery firm Northvolt
Katherina Reiche, German Minister for Economic Affairs and Energy, attends the 13th session of the German Bundestag. Jörg Carstensen/dpa…
Culture
Investment firm PAG raises 3.1 billion yuan in first yuan-denominated buyout fund: sources
Asia-focused investment firm PAG has raised 3.1 billion yuan (S$553 million) at the first close of its inaugural yuan-denominated buyout…
Culture
Former EMA board director now leads energy firm H2G; predecessor stays on amid court case
Former Energy Market Authority (EMA) board director Pek Hak Bin has been appointed chief executive of energy transition firm H2G Green, as…
Business
Niger to nationalise uranium mine operated by French state-affiliated firm
Niger plans to nationalise a uranium mine operated by French nuclear firm Orano as it continues to pivot away from former colonial ruler,…
Business
Niger military leaders to nationalise uranium firm
Niger's military junta says it will nationalise the majority French-owned local uranium company in the latest escalation in a row between…
Culture
Shipping firm Maersk temporarily pauses Haifa port calls
Container shipping company Maersk said on Friday (Jun 20) it had temporarily paused vessel calls at Israel’s Haifa port, amid the…
Culture
Abu Dhabi state oil firm makes US$18.7 billion bid for Australia’s Santos
Abu Dhabi’s state-owned oil company is leading a takeover bid for Australian energy group Santos, valuing it at US$18.7 billion, the two…
Culture
Huawei chips are one generation behind US but firm is finding workarounds: CEO
Huawei Technologies’ chips are one generation behind those of US peers but the firm is finding ways to improve performance through methods…
Culture
Peter Kwee, son and firm sued for over S$71 million over insolvency of Laguna club operator
Motoring tycoon Peter Kwee has been sued – along with his 55-year-old son Kevin and their firm Laguna Hotel Holdings – for allegedly…
Culture
Top Thai wind power firm to fund 65 billion baht of spending with IPO
Thailand’s largest wind power producer plans to spend 65 billion baht (S$2.6 billion) to almost triple its generation capacity over the…
Culture
Advisory firm Glass Lewis backs Toyota chairman re-election
Akio Toyoda’s position at the automaker has come under scrutiny over governance concerns Advisory firm Glass Lewis has recommended…
Culture
Foxconn among potential bidders for Singapore chip assembly firm UTAC in US$3 billion deal: sources
Taiwan’s Foxconn is among potential bidders for the Singaporean semiconductor assembly and testing business UTAC Holdings in a deal that…
Culture
Why a US-listed video game firm is paying a premium for a Singapore-based tech products distributor
For over 30 years, one little-known wholesaler and distributor of technology products – including IT accessories, gaming components and…
Culture
Why a US-listed video game firm is paying a premium to take Ban Leong private
For over 30 years, one little-known wholesaler and distributor of technology products – including IT accessories, gaming components and…
Culture
Chinese EV makers sell more plugin-hybrids in the EU to avoid tariffs: research firm
CHINESE carmakers including BYD and Chery are selling more plugin-hybrids in the European Union to avoid import tariffs on Chinese-made…