SoftBank Dumps Sale Of Arm Over Regulatory Hurdles, To IPO Instead
By Jane Lanhee Lee and Josh Horwitz SAN FRANCISCO/SHANGHAI (Reuters) -SoftBank Group Corp has shelved its blockbuster sale of Arm…
February 2022
Volvo Cars To Invest $1.1 Billion In Swedish Plant For Switch To EVs
STOCKHOLM (Reuters) -Volvo Cars will invest 10 billion crowns ($1.1 billion) in its manufacturing plant in Gothenburg in the next…
Japan’s Nissan swings back to profit despite chips crunch
TOKYO (AP) — Japanese automaker Nissan swung back into the black for the quarter through December, despite shortages of computer…
Japan’s SoftBank drops sale of Arm, plans IPO
TOKYO (AP) — SoftBank’s planned sale of the British semiconductor and software design company Arm to U.S. chip maker Nvidia…
SoftBank Q3 Profit Collapses As Arm Deal Falls Through
By Sam Nussey TOKYO (Reuters) -SoftBank Group Corp reported on Tuesday a 97% tumble in quarterly profit and the collapse…
Asian stocks follow Wall St higher after rebound
BEIJING (AP) — Asian stocks rose Wednesday after Wall Street rebounded as investors waited for U.S. inflation data that might…
Data complaint filed against plan to sell Telenor Myanmar
BANGKOK (AP) — A customer of Telenor’s Myanmar telecommunications business has filed a complaint with Norway’s data protection authority, saying…
Europe Needs Ambitious Charging Plans For 130 Million EVs By 2035 – Report
By Nick Carey LONDON (Reuters) – Governments and utilities need ambitious plans to cut red tape to install vehicle chargers…
Malaysia’s Supermax Adopts New Management Policy On Migrant Workers
KUALA LUMPUR (Reuters) – Malaysian glove maker Supermax Corp Bhd has rolled out a new foreign worker management policy that…
Neil Young Takes Aim At Spotify CEO, Big Banks
(Reuters) – Singer-songwriter Neil Young has asked employees of Spotify Technology SA to quit their jobs while urging people to…