Author: admin

Dec 2 : Chipmaker Microchip Technology on Tuesday raised its expectations for third-quarter net sales and earnings per share, driven by strong bookings, sending its shares up 2.3 per cent in extended trading.

The company now expects adjusted…

SYDNEY, Dec 3 : The Australian Securities Exchange’s technology turnaround plan, touted by the firm’s chair as being too important to fail, is facing questions from investors and market participants after it was hit by a fresh outage this week,…

Dec 3 : Marvell Technology jumped 9.3 per cent to a nine-month high on Wednesday after its $3.25 billion deal to acquire semiconductor startup Celestial AI bolstered investor confidence in the chipmaker’s push into next-gen AI infrastructure.

The…

TEHRAN – Iran’s football federation has reconsidered its stance on attending the 2026 FIFA World Cup draw and will send two representatives to the ceremony.

The federation had previously announced it would withdraw from the ceremony after two…

Dec 3 : Two stories both headlined “Chinese autonomous driving firm Momenta files for Hong Kong IPO, sources say”, carried on Dec 2 and updated on Dec 3 are wrong and have been withdrawn. There will be no replacement story at this…

SEOUL, Dec 3 : South Korea’s economy expanded by 1.3 per cent in the third quarter, revised central bank data showed on Wednesday, faster than the bank’s earlier estimate of 1.2 per cent.

It was the fastest quarterly growth since the fourth…

Dec 2 : Anthropic, the artificial intelligence startup backed by Alphabet’s Google and Amazon.com, has hired the law firm Wilson Sonsini to prepare for an initial public offering that could take place as early as 2026, the Financial Times…

(Changes order of companies in paragraph 10)

By Milana Vinn and Dawn Chmielewski

NEW YORK, Dec 2 : Netflix’s proposed acquisition of Warner Bros Discovery’s studios and streaming unit is expected to reduce streaming costs for consumers by bundling…

NEW YORK, Dec 3 : The euro hit an almost seven-week high against the dollar on Wednesday, boosted by data showing an expansion in euro zone business activity, while weaker than expected U.S. jobs data and expectations of further U.S. rate cuts…

SINGAPORE: While working for American reinsurance firm Guy Carpenter, two brokers lured a big client away to a new reinsurer that they helped to set up in Singapore, and which was to be their future employer.

Guy Carpenter estimated that the loss…