sources

Big Tech spared strict rules in EU digital regulations overhaul, sources say
[ad_1] The tech giants will be subject only to a voluntary framework rather than binding rules[BRUSSELS] Alphabet’s Google, Meta Platforms, Netflix, Microsoft and Amazon will not face heavy-handed regulations in Europe’s digital...
China’s Anta Sports has offered to buy Pinault family’s 29% Puma stake: sources
[ad_1] The Hong Kong-listed company has a track record of acquiring and revamping Western sports and lifestyle brands[HONG KONG/LONDON] China’s Anta Sports Products has offered to buy 29 per cent...
DBS lays groundwork for significant risk transfers: sources
[ad_1] South-east Asia’s largest bank held preliminary talks with funds investing in SRTs[SINGAPORE] DBS Group Holdings is weighing a foray into the market for significant risk transfers (SRTs) as lenders...
Nvidia requires full upfront payment for H200 chips in China: sources
[ad_1] The US chipmaker imposes strict terms, demanding full payment with no cancellations, refunds or changes[BEIJING/SHANGHAI] Nvidia is requiring full upfront payment from Chinese customers seeking its H200 artificial intelligence...
Chevron in talks with US government for expanded Venezuela license: sources
[ad_1] Washington also wants other US companies to be involved in oil exports from the country[HOUSTON] Oil producer Chevron is in talks with the US government to expand a key license to...
US approves Samsung, SK Hynix chipmaking tool shipments to China for 2026: sources
[ad_1] Trump’s administration has been re-examining export controls that it thought were too relaxed under the Biden administration[SEOUL] The US government has granted an annual licence to Samsung Electronics and...
India claims US$30 billion from Reliance Industries, BP for underproduction from gas field: sources
[ad_1] A tribunal has been hearing the dispute in India since 2016 over gas produced from two deepwater fields[NEW DELHI] India is seeking over US$30 billion in compensation from Reliance...
Morgan Stanley seen as front-runner for SpaceX IPO: sources
[ad_1] [NEW YORK] Morgan Stanley is emerging as a leading contender for a key role in SpaceX’s blockbuster initial public offering (IPO), as the bank’s close ties to CEO Elon...
SoftBank races to fulfil US$22.5 billion funding commitment to OpenAI by year-end: sources
[ad_1] [NEW YORK/TOKYO/SAN FRANCISCO] SoftBank Group is racing to close a US$22.5 billion funding commitment to OpenAI by year-end through an array of cash-raising schemes, including a sale of some...
GLP picks investment banks for 2026 Hong Kong IPO: sources
[ad_1] Deliberations are ongoing and details such as the offering size and timing have not been finalised[HONG KONG] Investment firm GLP has selected banks for a Hong Kong initial public...
Warner Bros likely to reject US$108 billion Paramount bid, back Netflix in bidding war: sources
[ad_1] WARNER Bros Discovery’s board could announce a decision as early as Wednesday on Paramount Skydance’s US$108.4 billion takeover bid, with the board likely to advise shareholders to vote against...
Intel has tested chipmaking tools from firm with sanctioned China unit: sources
[ad_1] Two of ACM’s units, based in Shanghai and South Korea, are barred last year from receiving US technology[WASHINGTON/SAN FRANCISCO] Chipmaker Intel, has tested chipmaking tools this year from a...