Lifestyle
Volkswagen, Mobileye to bring new automated driving functions to series production
VOLKSWAGEN will bring new automated driving technologies to series production as it deepens its partnership with Mobileye in automotive driving technologies, Europe’s biggest carmaker said on Wednesday (Mar 20)....
Intel wins almost US$20 billion in chips incentives for US plants
THE US will award Intel US$8.5 billion in grants and as much as US$11 billion in loans to help fund an expansion of its semiconductor factories, the Commerce Department...
Swiss financial regulator plans to stress-test UBS this year
SWISS financial regulator Finma said on Wednesday (Mar 20) it plans to carry out 40 reviews of UBS and two stress tests this year on the bank after its...
China’s Tencent posts weaker than expected revenue growth
CHINA’S Tencent Holdings posted a 7 per cent rise in fourth-quarter revenue on Wednesday (Mar 20), trailing analysts’ expectations, as China’s economic slowdown takes a toll. The world’s largest...
COE prices rise across the board except for commercial vehicles
THE prices of cars and motorcycles look set to rise, following higher certificate of entitlement (COE) premiums for such vehicles recorded at the latest tender exercise on Wednesday (Mar...
Lonza to buy US biologics site from Roche for US$1.2 billion
SWISS contract drug manufacturer Lonza said on Wednesday (Mar 20) it signed an agreement to acquire the Genentech manufacturing facility in Vacaville, California, from drugmaker Roche for US$1.2 billion...
JAL nears decision on potential wide-body jet order: sources
JAPAN Airlines (JAL) is nearing a decision on a potential order of about two dozen wide-body jets with Boeing tipped to win at least part of the multi-billion-dollar deal...
Citigroup has sold most non-US consumer businesses as revamp progresses
CITIGROUP has sold its non-US consumer businesses in nine out of 14 regions and “substantially wound down” three more, as the lender undergoes its biggest overhaul in more than...
