Tag: news
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Brookfield-backed Csquare prices IPO at $21 per share, Bloomberg News reports
July 15 : Data center provider Csquare priced its initial public offering at $21 per share, Bloomberg News reported on Wednesday, citing sources.Brookfield the Dallas-based company’s backer, is considering buying a portion of the offering, the report added.Reuters could not immediately verify the repor
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Japan to recognise cryptocurrency as ‘financial assets’, NHK says
TOKYO, July 15 : Japan’s parliament has passed a law amendment to designate cryptocurrency assets as “financial assets,” NHK news said on Wednesday. They previously fell under the “Payment Services Act.”• As financial assets, cryptocurrency assets will be subject to stricter regulations, for instance those
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OpenAI’s first hardware device will be a speaker, Bloomberg News reports
July 14 : OpenAI is planning to release a screenless speaker as its first hardware product, Bloomberg News reported on Tuesday, citing people familiar with the matter.The news comes just days after Apple sued OpenAI and two former employees, alleging misappropriation of its trade secrets to benefit the ChatGP
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Wales call up two replacements as they sweat on skipper Lake
DURBAN, July 14 : Wales have added versatile forward Freddie Thomas and hooker Elliot Dee to their squad for the Nations Championship fixture against South Africa in Durban on Saturday as they nervously monitor the fitness of captain Dewi Lake.Thomas, who can play either as a lock or in the back row, and Dee
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Uber in advanced talks on Delivery Hero takeover, Bloomberg News reports
July 14 : Uber Technologies is in advanced talks to acquire German food-delivery company Delivery Hero, Bloomberg News reported on Tuesday, citing people familiar with the matter.The ride-hailing company aims to reach an agreement with Delivery Hero as soon as this week, the report said.A transaction w
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Samsung Electronics denies report that it is exploring US listing
July 14 : Samsung Electronics denied on Tuesday a report that it was in the early stages of exploring a potential U.S. offering of American Depositary Receipts (ADRs).”Samsung Electronics is not reviewing the possibility of issuing American Depositary Receipts,” a Samsung spokesperson said in a statement.
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Samsung explores potential US listing via ADRs, Bloomberg News reports
July 14 : Samsung Electronics Co. is in the early stages of exploring a potential offering of American Depositary Receipts (ADRs), Bloomberg News reported on Tuesday, citing people familiar with the matter. Reuters could not immediately verify the report. Samsung declined to comment.Samsung has held
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Subaru to recall over 541,000 US vehicles over incorrect label
July 14 : Subaru is recalling 541,237 vehicles in the U.S. because they were manufactured with an incorrect Gross Axle Weight Rating (GAWR) on the certification label, the U.S. National Highway Traffic Safety Administration said on Tuesday.
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India news: Repatriation underway after Vietnam boat sinking
The remains of the Indian tourists killed in the speedboat accident in Vietnam are set to arrive in Mumbai. Meanwhile, the top court will hear a plea on a court-monitored probe into alleged the Ram Mandir donation fraud.
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Nippon Paint offers $8.6 billion for Akzo Nobel unit, Bloomberg News reports
July 13 : Nippon Paint has made multiple offers for Akzo Nobel’s decorative paints business in the past month, including a proposal valuing the unit at 7.5 billion euros ($8.55 billion) last week, Bloomberg News reported on Sunday, citing people familiar with the matter. Reuters could not immediately verify
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