Taiwan to launch US$1 billion Lithuania credit fund amid Beijing pressure
VILNIUS : Taiwan will launch a US$1 billion credit programme to help fund joint projects between Lithuanian and Taiwanese companies in six business categories,...
Money accumulated during pandemic helps Rolls-Royce hit record sales
The BMW-owned firm delivered 5,586 cars last year, up 49% on 2020. Rolls-Royce Motor Cars achieved record sales in 2021 as coronavirus lockdowns led to...
Tube workers vote to strike over jobs, pensions and conditions
The dispute involves around 10,000 RMT members. London Underground workers have voted to strike in a dispute over jobs, pensions and conditions. The Rail, Maritime...
Global chip shortage: Samsung expects its profits to jump by 52%
Technology giant Samsung Electronics has said it expects to post a 52% jump in profit for the last three months of 2021, amid the global...
David Bowie’s extensive music catalog is sold to Warner
NEW YORK: The extensive music catalog of David Bowie, stretching from the late 1960s to just before his death in 2016, has been sold to...
Apple breaches US$3 trillion market value again
Apple crossed US$3 trillion in market value in early trading on Tuesday before slipping, after the world's most valuable company briefly hit the milestone a...
Google beefs up internet security with Siemplify buyout
Alphabet Inc-owned Google said on Tuesday it has acquired Israeli cybersecurity startup Siemplify, at a time when there has been a significant rise in cyber...
Renault and Nissan to unveil joint EV projects, sources say
PARIS : Automotive alliance partners Renault and Nissan will on Jan. 27 present their joint projects for electric and connected vehicles, two sources close...
Cabify risks losing fleet supremacy to Uber in home base Madrid
MADRID : The ride-hailing app Cabify, one of Spain's few 'unicorn' tech startups, risks losing ground to foreign rivals such as Uber or Bolt in...
China Evergrande shares halted, set to release ‘inside information’
HONG KONG: China Evergrande Group shares will be suspended from trading on Monday (Jan 3) pending the release of "inside information", the embattled property developer...