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Author: admin

09Feb

Taiwan says 40% shift of chip capacity to US is ‘impossible’

Taipei: It would be "impossible" to move 40% of Taiwan's semiconductor capacity to the U.S., the island's top tariff negotiator said, pushing back against recent comments by American officials who…
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09Feb

Vicuña Corp to Double Investment in Major Copper Project

Mining company Vicuña Corp. aims to double its investment this year in one of the world’s biggest copper bets, a company executive said. Vicuña Corp., formed by Australia’s BHP and…
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09Feb

Australian AI firm Firmus secures $10B debt deal led by Blackstone, Coatue

Australian artificial intelligence company Firmus said on Monday it had finalised a $10 billion debt funding package led by global private equity firm Blackstone and Coatue Management, a New York-based…
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09Feb

Anta Sports buys 29% stake in Puma for $1.8 billion

China's top sportswear company Anta Sports has leaped onto the international stage with an acquisition-driven global portfolio, including last week's $1.8 billion deal for a 29% stake in Germany's Puma.…
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09Feb

Kroger to name ex-Walmart, airline chief Greg Foran as CEO: WSJ

Grocery giant Kroger plans to hire Greg Foran, who previously headed an airline and Walmart's U.S. unit, as chief executive officer, the Wall Street Journal reported on Sunday, citing people…
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09Feb

Live Nation in DOJ talks to dodge monopoly trial

Live Nation executives and lobbyists are in talks with senior officials at the U.S. Department of Justice in a bid to avoid a trial over allegations that the concert promoter…
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09Feb

DBS sees 2026 profit dipping slightly after Q4 earnings fall 10%

Singapore's biggest bank DBS Group on Monday maintained its expectation that net profit this year will dip slightly from 2025, after posting a 10% drop in fourth-quarter earnings that was…
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09Feb

Yen jumps as Takaichi wins Japan election, markets bet on stimulus

The yen strengthened in Asian trading on Monday after Japanese Prime Minister Sanae Takaichi swept to victory in Sunday's election, abruptly reversing a six-day string of losses as traders bet…
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09Feb

Namibia Rejects TotalEnergies, Petrobras Luderitz Basin Deal Pending Approval

Namibia will not recognise the purchase of offshore stakes in the Luderitz Basin announced last week by TotalEnergies and Petrobras until the oil companies follow the proper route for approval,…
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09Feb

Israel to fine El Al $39m for excessive fares during Gaza war

Israel's Competition Authority said on Sunday it planned to levy a fine of 121 million shekels ($39 million) on flag carrier El Al Israel Airlines for setting excessive and unfair…
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