Arm, the chip designer owned by Japan’s SoftBank, said on Friday it would pursue a U.S.-only listing this year, dashing the British government’s hopes that the tech giant would return to the London stock market. The company did not completely rule out an eventual London listing, saying it intended to consider a subsequent IPO there […]
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Billionaire investor Daniel Loeb on Thursday told investors in his hedge fund Third Point the firm has invested in chip designer Advanced Micro Devices, a source familiar with the matter said. Third Point, which occasionally pursues an activist strategy and pushes for changes at companies, is not planning to press for changes at AMD and […]
There was a sense of hesitation in world markets on Friday about whether dramatic re-pricing of U.S. and European interest rate horizon over the past month was an overreaction and a New Year economic burst might prove to be a temporary fillip. Many central bank officials certainly seemed less quick to judgment. U.S. Federal Reserve […]
Ford Motor Co on Thursday launched a new automated driving system subsidiary, Latitude AI, months after winding down operations of its former self-driving technology unit Argo AI. Carmakers including Mercedes-Benz have ramped up their investments towards integrating more software and autonomous tech in vehicles despite some skepticism on the technology. Latitude will expand on the […]
The investment firm managing nearly $1.5 billion of assets for members of Nintendo’s founding family is willing to play a long game when it comes to portfolio companies and can wait more than a decade to see a turnaround, a top executive said. That timeline helps explain why Yamauchi-No.10 Family Office shows no sign of […]
Europe will lose out to countries like the U.S. and Japan on new medical research, trials and treatments unless draft rules reforming the European pharmaceutical landscape change, the CEO of Danish drugmaker Novo Nordisk warned on Thursday. The European Commission will present its proposed overhaul of the bloc’s pharmaceuticals regulation on March 29, the first […]
Top energy executives and officials from around the world will descend on Houston next week just as the political fallout from Russia’s invasion of Ukraine a year ago continues to distort global oil supply lines and put long-term energy security front of mind for governments. Oil company chiefs and ministers will make their case for […]
German Chancellor Olaf Scholz will hold confidential talks on Friday in Washington with U.S. President Joe Biden about the war in Ukraine amid growing concerns that China may provide weapons to Russia as its invasion of Ukraine grinds into a second year. Scholz set off on the one-day trip, which unusually will not include a […]
There is no room for outdated systems and approaches to communication in the market and the shift to hybrid working has accelerated the need for business to centralise their communications in a single platform. This has led to the rise in the adoption of Unified Communications as a Service (UCaaS) platforms such as Zoom and […]
Have you ever looked up at the night sky and wondered what else is out there? The universe is vast, and the search for planets capable of sustaining life has been a long-standing goal of NASA. However, due to the limitations of our technology, we have only been able to explore a small fraction of […]