Category: CNA
CNA: Singapore-based international news channel offering a strong Asian perspective on global events.
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Analog Devices’ quarterly forecast tops estimates on AI-fueled chip demand
Aug 19 : Analog Devices forecast fourth-quarter revenue and profit above Wall Street estimates on Wednesday, betting on continued demand for its power-management chips used across data centers and industrial applications as AI investments ramp up.The company stands to benefit from surging investment in AI-dri
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Initiative to help rough sleepers find co-tenants for rental flats among pilot projects given MSF funding
Other projects to get help under MSF’s PATH fund include one that helps rough sleepers get apprenticeships and another that will upgrade a temporary shelter’s facilities.
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Nebius plans $4.5 billion convertible debt sale to fund data centers, AI platform
Aug 19 : AI cloud provider Nebius Group said on Wednesday it plans to raise $4.5 billion through an offering of private convertible notes, as it seeks to ramp up investments in data centers and computing capacity.The Amsterdam-headquartered company plans to issue notes worth $2.75 billion maturing in 2030, an
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Sheffield United’s ex-owners winds up company which bought club
LONDON, Aug 19 : Sheffield United’s former owner on Wednesday won a bid to wind up the company that in 2024 bought the second-tier Championship side, which said the High Court’s decision was not an issue for the club.United World, led by Prince Abdullah bin Mosaad bin Abdulaziz Al Saud, filed a winding-up pet
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Marvell gives Google option to buy $12.2 billion stake in custom chip deal
Aug 19 : Marvell Technology said on Wednesday it has issued Alphabet’s Google a warrant to buy a stake worth about $12.18 billion as part of a deal to help develop custom chips for the search giant.Shares of the custom chipmaker jumped more than 11 per cent in premarket trading, while larger rival Broadcom wa
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Israeli military launches criminal probes into killings of Hind Rajab and Palestinian paramedics
JERUSALEM: Israel’s military said Wednesday (Aug 19) it would launch criminal investigations into two high-profile attacks on Palestinians during the war in Gaza, including the killings of 5-year-old Hind Rajab and her family and of 15 Palestinian paramedics.The military said it would not launch criminal in
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Thai teen in Pattaya suitcase murder died of suffocation: Police
BANGKOK: A 17-year-old Thai girl whose body was found in a suitcase in the seaside resort of Pattaya in June died of suffocation, police told AFP Wednesday (Aug 19).An Australian man, 45-year-old Simon Peter Carman, was charged with murder following the discovery of her body near a railway track.”We re
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India captain Gill hails long-term prospect Suthar
Aug 19 : Manav Suthar is barely two tests into his international career but India skipper Shubman Gill is convinced they have unearthed a long-term spin prospect in the 24-year-old, who bowled them to victory in the opening test in Galle on Wednesday.The left-arm spinner, who made his India debut against Afgh
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Villa bolster squad with arrivals of Suzuki and Ruggeri
Aug 19 : Aston Villa have strengthened their squad with the permanent signings of goalkeeper Zion Suzuki and left back Matteo Ruggeri, the Premier League club said on Wednesday.Japan international Suzuki, 23, joins Villa after two seasons with Parma, where he made 59 appearances. He began his professional car
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As Hyrox’s popularity soars, fitness-racing hybrid chases Olympic dream
Aug 19 : From around 650 competitors at its first event to more than a million participants worldwide today, Hyrox has gone from niche fitness challenge to global phenomenon with its sights set on the Olympics in less than a decade.A structured indoor activity divided into eight segments, each involving a one
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