US plans $35 million award to BAE to boost chip supply for F-35

(Reuters) – The U.S. Commerce Department said Monday it plans to award $35 million to BAE Systems (LON:BAES) to quadruple…

India stocks higher at close of trade; Nifty 50 up 0.13%

India stocks were higher after the close on Monday, as gains in the Metals, Real Estate and Public Sector Undertakings…

Investcorp acquires 50% stake in Corsair Capital’s infrastructure business

(Reuters) – Middle East alternative investment firm Investcorp has acquired a 50% stake in the $4.8 billion infrastructure business of…

Ukraine says no green light for EU membership talks would be ‘devastating’

(Reuters) -Ukrainian Foreign Minister Dmytro Kuleba said on Monday it would be “devastating” for Kyiv and the European Union if…

Boeing to name Stephanie Pope as chief operating officer – WSJ

(Reuters) – Boeing is expected to name company veteran Stephanie Pope as its chief operating officer, setting her up as…

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…

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