South Korea’s Hyundai Motor Co said on Monday it is not now in talks with Apple Inc on autonomous electric cars, just a month after it confirmed early-stage talks with…
Category: Business
Porsche to set up assembly plant in Malaysia
German sports car maker Porsche AG is setting up an assembly plant in Malaysia under a partnership with trading conglomerate Sime Darby Bhd’s automotive business, The Edge Weekly reported citing…
Asian chipmakers rush to boost production to meet global shortage
Asian chipmakers are rushing to expand their production capacity to meet a global shortage that has been acutely felt by carmakers, but the firms warn that the supply gap may…
Lawmakers challenge HSBC on Hong Kong activist’s accounts
An international coalition of lawmakers has written to HSBC Holdings Chairman Mark Tucker, calling on the bank to unfreeze Hong Kong pro-democracy activist Ted Hui’s accounts. In a letter, the…
Angola moves to seize Dos Santos-linked asset in Dutch court
Angola’s government says top officials under former president Jose Eduardo dos Santos took advantage of high oil prices in the last decade to spin a global web of business deals…
SoftBank’s Son hails ‘golden eggs’ as Vision Fund rallies
SoftBank Group Corp Chief Executive Masayoshi Son boasted of delivering “golden eggs” on Monday, after his company’s Vision Fund unit rebounded from a loss to record an 844 billion yen…
Renesas boosts power and connectivity prowess with $6 billion Dialog deal
Renesas Electronics Corp has agreed to buy Dialog Semiconductor for 4.9 billion euros ($5.9 billion) in cash, boosting its position in low-power technology and connectivity across smart devices, cars and…