Competition
Donald Trump cites China competition in vowing to create Bitcoin ‘stockpile’
REPUBLICAN presidential candidate Donald Trump told a Bitcoin conference on Saturday (Jul 27) that the US must dominate the sector or China would, his latest move to court advocates...
Grab’s deal to buy Singapore taxi firm might lessen competition, regulator says
Nasdaq-listed ride hailing company Grab’s deal to buy Singapore’s private taxi firm Trans-cab Holdings is likely to result in substantial lessening of competition in the local market, the city-state’s...
Abu Dhabi draws energy majors to LNG project as competition grows
ABU Dhabi National Oil Company (Adnoc) on Wednesday (Jul 10) awarded stakes in its Ruwais liquefied natural gas (LNG) expansion project to four international companies, as competition intensifies among...
Nvidia creating ‘huge bottleneck’ in AI chip supply, EU’s competition chief warns
EUROPEAN Union competition chief Margrethe Vestager warned of a “huge bottleneck” in Nvidia AI chips supply, but said watchdogs are still making up their minds about what, if anything...
Vodafone agrees new Virgin Media O2 tie-up to ease competition concerns
The deal, along with a proposed merger, could establish a reliable third competitor in the market, says Vodafone’s CEO of European marketsBRITAIN’S Vodafone and Virgin Media O2 have agreed...
Nio’s loss exceeds expectations as EV competition crimps sales
NIO reported a bigger-than-expected loss in the first quarter, highlighting how increased competition in the electric vehicle market is making it more difficult for the company to become profitable.
The...