Deal
Putin Gifts Car Fanatic Kim Jong-un Fancy Limousine and Go on Joy Ride on North Korea Visit after Signing Mutual Defense Deal
What did Putin gift North Korean leader Kim Jong-un? Car, tea sets and a dagger. Putin, who is on his first visit to North Korea in nearly a decade,...
Huawei, Tencent near deal to exclude WeChat from revenue sharing
HUAWEI Technologies is nearing a deal to let Tencent Holdings’s WeChat super app operate fully on its Harmony mobile platform without sharing any revenue, a concession designed to defend...
UK probes Hewlett Packard Enterprise’s US$14 billion deal for Juniper Networks
The Competition and Markets Authority has until Aug 14 to decide whether it would refer the deal to a deeper probeBritain’s competition regulator said on Wednesday (Jun 19) it...
Swiss regulator rules out UBS antitrust action over Credit Suisse deal
Switzerland’s financial regulator ruled on Wednesday (Jun 19) that the UBS takeover of Credit Suisse did not create any competition concerns, despite recommendations from the country’s antitrust watchdog that...
Great Eastern privatisation deal deemed ‘not fair but reasonable’; OCBC says offer price ‘final’
OCBC’s privatisation bid for its insurance arm Great Eastern Holdings (GEH) is not fair but reasonable, the independent financial adviser (IFA) to the deal said on Friday (Jun 14).The...
Judge likely to kill US$30 billion Visa, Mastercard swipe-fee deal
A US$30 billion settlement between Visa, Mastercard and retailers to cap credit-card swipe fees is likely to be rejected by a federal judge in Brooklyn, a setback in the...
Elon Musk blasts Apple’s OpenAI deal over alleged privacy issues. Does he have a point?
When Apple holds its annual Worldwide Developers Conference, its software announcements typically elicit cheers and excitement from tech enthusiasts.But there was one notable exception this year — Elon Musk....
Apple announces deal with OpenAI. Will it be a game-changer?
Apple on Monday unveiled new artificial intelligence capabilities in its newest operating system, including connecting its interactive voice feature Siri with OpenAI’s ChatGPT in a major deal that could...
