Entrepreneurship
Elliott woos other Toyota Industries investors in buyout fight
[ad_1] [TOKYO] Elliott Investment Management has been approaching asset managers and other institutional investors in Japan to build support for its campaign and push Toyota group to sweeten its 4.7...
Elliott takes over US$1 billion stake in Lululemon: source
[ad_1] [VANCOUVER] Activist investor Elliott Management has amassed a stake of more than US$1 billion in Lululemon Athletica and is lining up a potential CEO candidate as it pushes to...
StanChart, Ant International launch blockchain-based tokenised deposits in SGD, USD
[ad_1] The new solution demonstrates how businesses can use blockchain technology to make transactions faster, more secure, and more efficient[SINGAPORE] Standard Chartered (StanChart) on Thursday (Dec 18) announced the launch...
BP appoints Woodside’s Meg O’Neill as CEO after Auchincloss’ abrupt exit
[ad_1] OIL and gas major BP has appointed Meg O’Neill, the head of Australia’s Woodside Energy, as its next CEO to lead its effort to boost profits and refocus on...
Why China isn’t rushing to buy Nvidia’s H200 AI chip
[ad_1] The US is offering China Nvidia’s second-fastest AI chip, the H200, but Beijing is holding back. Behind the hesitation lies a high-stakes struggle over technology, control, and the future...
Chip shortage lingers as Honda to halt output in Japan, China
[ad_1] HONDA Motor will halt production at plants in Japan and China in coming weeks, highlighting the lingering fallout of the global chip shortage.The Japanese carmaker will suspend output in...
Coinbase announces entry into prediction markets, stocks
[ad_1] COINBASE Global has announced its entry into prediction markets and equities trading.The biggest crypto exchange in the US said on Wednesday it’s starting to roll out both services, which...
Review of Optus emergency calls outage finds process, accountability gaps in Singtel unit
[ad_1] [SINGAPORE] An independent review into Optus’ major September outage has uncovered gaps in process, accountability and escalation and information protocols. Two people died as a result of the Sep...
Pop Mart’s 40% stock rout shows growing worry over Labubu crash
[ad_1] Concerns remain whether Labubu is a durable long-term character or a fashion trendLABUBU mania appears to be ebbing as quickly as it surged, driving a roughly 40 per cent...
Micron surges as global memory chip shortage boosts profit forecast
[ad_1] It is set to add over US$30 billion to its market capitalisation, if premarket gains holdMICRON Technology shares rose nearly 14 per cent in premarket trading on Thursday (Dec...
