Macy’s investors mount $5.8 billion buyout bid
(Reuters) – An investor group consisting of Arkhouse Management and Brigade Capital has made a $5.8 billion offer to take…
Exclusive-After US curbs, Tencent and small chip designers chase Nvidia’s China crown
(Reuters) – Chinese chip designers including Tencent Holdings (OTC:TCEHY) are aggressively pitching their AI chips as alternatives to Nvidia (NASDAQ:NVDA)’s,…
Nordic pension funds will ask Tesla to respect collective bargaining in joint letter
(Reuters) – A group of Nordic pension funds will send a joint letter to Tesla (NASDAQ:TSLA) Inc this week, urging…
Nvidia to expand ties with Vietnam, support AI development
(Reuters) – U.S. chipmaker Nvidia (NASDAQ:NVDA)’s chief executive said on Monday the company will expand its partnership with Vietnam’s top…
Japan stocks higher at close of trade; Nikkei 225 up 1.56%
Japan stocks were higher after the close on Monday, as gains in the Transport, Banking and Paper & Pulp sectors…
Confectioners eye holiday boost as UK shoppers snub expensive gifts
(Reuters) – Quality Street maker Nestle and Cadbury owner Mondelez (NASDAQ:MDLZ) are seeing higher sales of confectionery in Britain this…
Nokia and BT partner to enhance 5G monetization with new developer tools
Nokia (HE:NOKIA) has joined forces with BT Group (LON:BT) to propel 5G monetization by integrating its Network as Code platform…
China says tax breaks to stay for over 90% of new energy vehicles
(Reuters) – More than 90% of China’s existing new energy vehicle (NEV) models will continue to receive tax breaks on…
Oil extends gains on US strategic reserve purchases
(Reuters) – Oil prices rose on Monday, extending gains for a second session as U.S. efforts to replenish strategic reserves…
Crypto market cap drops to $1.58 trillion as Bitcoin holds above $42K
The cryptocurrency market experienced a downturn at the start of the week, with the global crypto market cap declining to…