SoftBank-backed Arm sets share prices at $51 ahead of the IPO
UK-based chip maker and semiconductor designer has secured a valuation of more than $54 billion before the trading starts on…
Category: News
US Chipmakers to attend meeting on Biden’s visit to Vietnam
Hanoi, Reuters – US chipmakers and semiconductor companies including Google, GlobalFoundries and Intel are reported to attend a meeting on…
China’s exports fall in August amid weak global demand
China’s exports fall in August compared to what it was a year earlier, reflecting a weak global demand that is…
Kroger and Albertsons reportedly nearing a deal to sell 400 stores
Kroger and Albertsons are nearing a deal that they hope will get the clearance from the US regulatory for their…
Country Garden clears debt payments Seen as a relief for China property sector
Hong Kong, September 5 (Reuters) – Country Garden has cleared debt payments due on two of the US bonds just…
Tesla launches brand new Model 3 in China with longer driving range
Shanghai, September 1 (Reuters) – Tesla on Friday launched the latest and brand new Model 3 in China and other…
UBS records $29 billion earnings after taking over Credit Suisse
UBS on Thursday posted a record $28.88 billion earnings in the second quarter after taking over its stricken rival Credit…
3M shares on the rise amid reports of $5.5 billion settlement
America’s one of the largest multinational conglomerates, 3M shares rose 5% on the Dow Jones Industrial Average amid reports that…
China Evergrande stock trading resumes after 17 months – Loses $2.4 bn in value
The world’s most indebted property developer, China Evergrande Group, resumed share trading on Monday after a suspension of 17 months,…
Fed’s Chair Powell Declares Continued Interest rate hikes at Jackson Hole Speech
The US federal Reserve Chair Jerome Powell at a speech at Jackson Hole on Friday hinted that the Fed may…