On Thursday, officials from Taiwan’s science parks in Tainan and Hsinchu said, the island-wide power outages have had no material impact on its operations.
Creativity
Governance advisor Pensions & Investment Research Consultants recommends voting against Chevron Corp’s CEO
Pensions & Investment Research Consultants (PIRC), a governance advisor, has recommended Chevron Corp’s shareholders to vote against the company’s CEO Michael Wirth at the upcoming shareholder meeting. PIRC’s recommendation is such since Wirth is the company’s CEO as well as… Read More ›
Department of Homeland Security approves Jones Act waiver request to ease oil supply constraints
In a significant development, the U.S. Department of Homeland Security has approved a Jones Act waiver request to an individual company in response to Eastern Seaboard oil supply constraints, said Secretary Alejandro Mayorkas. “This waiver will help provide for the… Read More ›
Toyota Motor Corp’s Q4 profit beats analysts’ estimate, nearly doubles from previous year
On Wednesday, in a statement Toyota Motor Corp said, its fourth-quarter operating profit has risen by 92%, nearly doubling since a year ago. The development sees the company shrugging off chip-supply issues with its sales recovering from the impact of… Read More ›
EPA waives environmental rule to ease fuel shortage in 12 states
U.S. environmental regulators have issued emergency fuel waivers to help alleviate shortages in reformulated gasoline in 12 states and the District of Columbia. The supply of fuel has become constrained five days after a cyberattack shuttered the country’s biggest pipeline…. Read More ›
US State Department approves sale of $1.7 billion AEGIS Combat Systems to Canada
In a statement the Pentagon said, the U.S. State Department has approved the potential sale of 4 AEGIS Combat Systems manufactured by Lockheed Martin to Canada. The potential deal is valued at up to $1.7 billion. The potential of the… Read More ›
UK-based THG Plc aims to raise $1Billion in fresh capital
In a statement UK-based consumer brands THG Plc stated, it is in the process of raising $1 billion in fresh capital, including about $730 million from a unit of SoftBank Group and the remainder from other investors. THG went on to add,… Read More ›
Softbank Corp invests $60M in Axiata Group Bhd ‘s digital analytics and artificial intelligence unit
On Tuesday, in a statement Malaysian telecoms firm Axiata Group Bhd stated SoftBank Corp will be investing $60 million in its digital analytics and artificial intelligence unit. As part of the deal, Softbank will have a 23% stake in ADA; following the… Read More ›
BioNTech expands vaccine manufacturing network to Singapore
On Monday BioNTech issued a statement saying it plans on setting up a regional headquarters in Singapore where it will also build its new manufacturing site for vaccines based on messenger RNA technology (mRNA). The development sees the company expanding… Read More ›
Australian casino operator Star Entertainment Group makes $7 billion acquisition bid for Crown Resorts Ltd
On Monday, Australian casino operator Star Entertainment Group proposed an all-stock acquisition of larger rival Crown Resorts Ltd in a deal that valued at $7 billion (A$9 billion); the deal sees Star Entertainment Group tying up with two private equity… Read More ›
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