Arm
LG Electronics’ India arm files for IPO amid strong consumer durables demand
THE Indian unit of South Korea’s LG Electronics filed for an initial public offering (IPO) on Friday (Dec 6) to cash in on the country’s growing demand for consumer...
Singapore tech firm Circles is said to weigh sale of digital arm Circles.Life
CIRCLES Global, a technology company whose backers include private equity firm Warburg Pincus, is considering a sale of its digital telecom services provider Circles.Life amid interest from prospective investors,...
Morgan Stanley’s PE arm to sell HVAC firm to Goldman Sachs Alternatives
MORGAN Stanley’s private equity arm is selling its heating, ventilation and air conditioning (HVAC) business Sila Services, about three years after it invested in the company to take advantage...
Arm gives disappointing forecast in sign of sluggish chip demand
ARM Holdings, the chip designer that went public last year, gave a disappointing sales forecast for the current period, signalling that a still-recovering smartphone market may overshadow growth from...
Blackstone’s credit arm is now its top business, fuelling profits
BLACKSTONE posted an increase in third-quarter profit as its credit arm was boosted by an influx of investor cash and became its biggest business by assets.
Distributable earnings climbed 5.5...
Historic Moment: SpaceX Stuns World as 20-storey-tall Rocket Booster is Caught Mid-Air by Mechanical Arm [Watch Video]
SpaceX achieved a remarkable feat on Sunday, catching its massive rocket booster mid-air with mechanical arms. This marks a significant step forward in the company's quest to build a...
Arm rebuffed by Intel after inquiring about buying product unit
ARM Holdings approached Intel about potentially buying the ailing chipmaker’s product division, only to be told that the business isn’t for sale, according to a person with direct knowledge of the...
China Evergrande’s EV arm warns of bigger first-half loss on impairment provisions
THE electric vehicle unit of embattled real estate developer China Evergrande said on Tuesday (Aug 27) it expected to report a bigger loss for the first half of 2024,...
