Tag: “Corporate”

Jack Ma-backed Ant Group used Chinese-made semiconductors to develop less costly techniques to train artificial intelligence models, Bloomberg reported on Monday.

Malaysia is planning to tighten regulations on semiconductors as it comes under US pressure to stem the illicit flow to China of chips crucial to the development of artificial intelligence.

Novo Nordisk announced Monday a $2 billion deal with a Chinese company making a drug in the same GLP-1 space where the Danish company is currently the leading player.

Bayer shares fell sharply after the company was ordered to pay $2.1 billion by a jury in a Georgia state court, the latest legal defeat for the company in a case about its Roundup weedkiller.

Chinese smartphone and EV maker Xiaomi Corp is raising up to $5.27 billion in a top-up placement on Monday, according to a term sheet seen by Reuters.

South Korean conglomerate Hyundai will announce a $20 billion investment in U.S. onshoring that includes a $5 billion steel plant in Louisiana, according to people familiar with the plans.

Building materials company James Hardie Industries has agreed to buy AZEK, a maker of home decking, railing and pergolas, in a cash-and-stock deal worth $8.75 billion.

Chinese electric vehicle maker BYD’s net profit leapt 73.1% in the fourth quarter of 2024 to a record 15 billion yuan ($2.1 billion), it said on Monday, reaping the rewards of lower prices and higher sales than rivals.

Μεγάλη συμφωνία ανακοινώνεται εντός των επόμενων λεπτών μεταξύ του καναδικού fund Fairfax και της Metlen.

Η ΟΛΘ Α.Ε. έχει τη δυνατότητα να προχωρήσει στην πλήρη υλοποίηση του αναπτυξιακού και επενδυτικού σχεδιασμού της

Η Άλφα Τράπεζα και η Euroxx Χρηματιστηριακή ανακοίνωσαν σήμερα ότι διατέθηκαν συνολικά μέσω της δημόσιας προσφοράς 11.375.625 κοινές, ονομαστικές, με δικαίωμα ψήφου μετοχές της Fais Group.

Σε hub διεθνών εταιρικών χορηγήσεων μετατρέπεται η ΕΤΕ Κύπρου. Η ΑΜΚ των 140 εκατ. ευρώ και οι προσλήψεις. Επαναλανσάρεται ως «μπουτίκ» τράπεζα στην τοπική αγορά. Οι επιδόσεις της περσινής χρονιάς.

London’s Heathrow airport suffered its worst disruption in at least two decades after a nearby fire cut power to the hub and brought travel to a standstill for hundreds of thousands of passengers.

BP has agreed to sell a stake in a firm invested in the TANAP gas pipeline linking Azerbaijan and Turkey for $1 billion to Apollo Global Management, the two firms said on Friday.

Shares of memory-chip maker Micron Technology Inc. rose in extended trading Thursday after the company’s fiscal second quarter showed that it is still seeing a boost from AI, with its highest-capacity memory products surging in growth.

Nike on Thursday forecast a steeper drop in fourth-quarter revenue than analysts had expected, striking a cautious tone as it works to rekindle interest among consumers who have defected to trendier rivals.

AstraZeneca said on Friday it will spend $2.5 billion on a research and development hub in Beijing, as the drugmaker scrambles to revive business in its second-biggest market after scandals including the arrest of its China president last year.

FedEx cut its outlook for the year, citing soft demand for business-to-business shipments as a result of continued weakness and uncertainty in America’s industrial economy.

J.D. Wetherspoon shares fell to two-year lows after the pub operator reported slower sales growth over the last week of its first half, and issued a cautious outlook for the year ahead alongside lower free-cash-flow guidance.

Alimentation Couche-Tard and Seven & i expect concrete negotiations with private equity groups to start within weeks on the carve-out of thousands of stores in the US, in a pivotal moment for the Canadian group’s $47bn takeover attempt of the 7-Eleven owner.