AMD Faces $1.5 Billion Revenue Hit Amid U.S. Chip Export Curbs to China
In April 2025, the American government placed further restrictions on the export of chips to China, requiring firms such as ...
Tag: Billion
Apple Raises $4.5 Billion Through Bond Sale to Support Stock Buybacks and Debt Repayment
Apple Inc. has recently turned to the bond market for funds. In May 2023, for example, the company sold $5.25 ...
Skechers Strikes $9.4 Billion Deal to Go Private—The Biggest Footwear Buyout Ever
Skechers, the well-known U.S. shoe brand, is set to exit the stock market after 26 years. This follows a massive ...
Geely plans bid to take Zeekr private at value of US$6.4 billion
The proposal would see Geely buy all shares in US-listed Zeekr Intelligent Technology Holding that it does not already own ...
UOB halts earnings guidance amid macro uncertainties, but remains ‘committed’ to S$3 billion capital return plan
Singapore’s third-largest lender UOB will suspend its 2025 earnings guidance, with plans to resume this once the macroeconomic situation stemming ...
Nvidia CEO says China AI market is on course to hit US$50 billion
Jensen Huang is lobbying against the tightening of restrictions on his company and peers that limit their access to China, ...
UOB misses expectations with Q1 profit flat at S$1.49 billion
UOB’s net profit for its first quarter was flat amid broad-based growth, it said on Wednesday (May 7).Net profit for ...
DoorDash agrees to buy Deliveroo in US$3.9 billion deal
Published Tue, May 6, 2025 · 03:30 PM DoorDash has agreed to buy UK-based food-delivery platform Deliveroo for an equity ...
Wall Street banks said to steer clear of Chery’s US$1.5 billion Hong Kong IPO
One of this year’s biggest listings is coming together in Hong Kong without the involvement of Wall Street banks. Chery ...
Income-Allianz deal timeline: A recap of the scuppered S$2.2 billion sale
The proposed S$2.2 billion deal involving the sale of Singapore’s Income Insurance to German insurer Allianz – which the government ...
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