Intel’s investment arm will pay some $255-million for a small stake in Reliance Industries’ digital unit Jio Platforms, the latest in a slew of share sales that have helped the Indian conglomerate pay down debt.
Author: Agency Staff
Tencent Holdings, China’s biggest social media and videogame company, launched a new California-based studio this week, as it looks to further expand its presence overseas.
If you’re concerned about the pervasive role in daily life of technology companies such as Google, then its planned $2.1-billion acquisition of Fitbit is a worry.
Tesla outpaced analyst estimates for second-quarter vehicle deliveries on Thursday, defying a trend of plummeting sales in the wider auto industry and sending its shares up 8%.
Indian Prime Minister Narendra Modi has deleted his account on Sina Weibo, China’s answer to Twitter, as tensions between the two countries continue to simmer.
Twenty advocacy groups from the US, Europe, Latin America and elsewhere signed a statement on Wednesday urging regulators to be wary of Google’s bid for fitness tracker company Fitbit.
Tesla on Wednesday became the highest-valued car maker as its shares surged to new record highs and the electric vehicle maker’s market capitalisation overtook that of former front runner Toyota.
South Africa’s economy probably contracted more than 30% in the second quarter when restrictions to curb the spread of the coronavirus shut almost all activity for five weeks.
If you’ve been waiting a long time for a parcel from the Post Office, the state-owned postal service says it is experiencing hold-ups due to Covid-19 restrictions.
Prosus is in talks to increase its stake in iFood, Latin America’s biggest food delivery start-up, amid a wave of consolidation in the industry, people with knowledge of the matter said.