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Category: Business News

10Feb

Robot vacuum maker Dreame makes Super Bowl debut with electric supercar tease

Dreame Technology, a Chinese maker of robot vacuum cleaners with an audacious goal to build electric supercars, ran a 30-second Super Bowl commercial showcasing its planned electric luxury car. The…
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10Feb

India’s Gujarat state signs agreement with Musk’s Starlink

India's Gujarat state said on Monday that it had signed a letter of intent with Elon Musk's Starlink to provide high-speed, satellite-based internet connectivity across remote and underserved regions of…
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10Feb

Singapore telcos Singtel, StarHub, M1 and Simba hit by UNC3886 cyber espionage

Singapore's four telecom companies, Singtel, StarHub, M1 and Simba Telecom, were targeted by cyber espionage group UNC3886 in attacks last year, Singapore's Cyber Security Agency said on Monday. The agency…
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10Feb

China Debuts Song-and-Dance Humanoid Robots as Lunar New Year Crowd-Pullers

In China, humanoid robots are serving as Lunar New Year entertainment, with their manufacturers pitching their song-and-dance skills to the general public as well as potential customers, investors and government…
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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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