Deal
China’s Cosco eyes veto rights in deal for Li Ka-shing’s ports
[HONG KONG] China’s biggest shipping company is set to join the global consortium that’s acquiring Hong Kong tycoon Li Ka-shing’s overseas ports, and is requesting a powerful role in...
Oracle in talks for US$100 million Skydance-Paramount cloud deal
[NEW YORK] Oracle is in discussions with Skydance Media for a major software deal once the media company’s acquisition of Paramount Global is complete.The new arrangement is expected to...
China threatens to block Panama ports deal unless its shipping giant gets stake: report
Chinese officials have told BlackRock, MSC and Hutchison that if Cosco is left out of the deal, Beijing would take steps to block Hutchison’s proposed sale of the portsPublished...
Uber to invest US$300 million in EV maker Lucid as part of robotaxi deal
[SAN FRANCISCO] Uber will invest US$300 million in electric vehicle maker Lucid in a robotaxi deal that aims to start with one major US city late next year, the...
Trump’s trade deal pushes Garuda to learn to love 737 Max again
[JAKARTA] Five months after a Boeing 737 Max aircraft operated by Lion Air crashed into the Java Sea in 2018, Indonesian flag carrier Garuda Indonesia tried to cancel its...
TikTok reportedly prepping new app in the U.S. as potential sale looms
TikTok is preparing to release a new app in the U.S. as it awaits a potential sale that would maintain its presence for millions of users in the country,...
Bryan Kohberger to Plead Guilty to Idaho University Student Murders after Cutting Bombshell Plea Deal to Escape Death Penalty
Bryan Kohberger is set to admit to the brutal murders of four University of Idaho students in 2022 as part of a shocking plea deal reached just weeks ahead...
Asia: Stocks rise on trade deal hopes, Tokyo hit by tariff warning
[HONG KONG] Asian stocks rose on Tuesday amid optimism countries will strike US trade deals, though Tokyo’s Nikkei sank after Donald Trump threatened to impose a fresh tariff rate...