Nexperia’s China unit nears fully local production of chips: company sources
Luna LIN The domestic unit of the Chinese-owned, Dutch-headquartered chipmaker Nexperia will soon be able to produce semiconductors…
Unilever spins off food unit in multibillion-dollar deal
Unilever said Tuesday it had agreed a multibillion-dollar deal with US spices maker McCormick & Company to spin…
China shipping giant Cosco resumes bookings to some Gulf countries
Chinese shipping giant Cosco said yesterday it was resuming new bookings for container shipments to some Persian Gulf…
ECB will not be ‘paralysed’ in face of energy shock: Lagarde
The European Central Bank has several options for dealing with the Middle East war energy shock, its chief…
Elon Musk misled Twitter shareholders, US jury finds
A federal jury in California found Friday that tech tycoon Elon Musk misled Twitter shareholders, driving down the…
Paramount acquires Warner Bros. in $110 bn mega-merger
US media conglomerate Paramount Skydance announced Friday it will acquire Warner Bros. Discovery in a deal valuing the…
‘Not just props that eat’: Extras seek recognition at their own ‘Oscars’
Romain Fonsgrives Wearing an impeccable blue suit, Daniel Armella steps into the spotlight to receive an Oscar-shaped statuette.…
Italy’s Enel buying US wind, solar plants for $1bn
Italian power giant Enel said Saturday it is buying a “portfolio” of US wind and solar plants with…
AI chatbots to face UK safety rules after outcry over Grok
The UK government said Monday that it would include AI chatbots in online safety laws, closing a loophole…
Non-alcoholic wine: a booming business searching for quality
Adam Plowright Bertrand Degat, vineyard manager for French zero-alcohol wine producer French Bloom, winces visibly when recalling some…