Move
Billionaires Spielberg, Zuckerberg eyeing East Coast, stirring concerns about California’s wealth-tax proposal
California may be losing two of the state’s most famed residents and generous political donors. Filmmaker Steven Spielberg recently moved to New York and Facebook co-founder Mark Zuckerberg is...
Californian tech company to move headquarters to Florida
California quantum computing company D-Wave is moving its headquarters to Boca Raton, Fla., and opening a new research and development facility.In an announcement this week, the Palo Alto company...
Ever Glory United to move to SGX mainboard on Dec 29; public offer 7.6 times subscribed
[SINGAPORE] Catalist-listed engineering services provider Ever Glory United will transfer to the mainboard of the Singapore Exchange (SGX) on Dec 29. Trading in its shares on the mainboard will...
BNY to move Singapore offices to Marina One East Tower
Investments into new spaces with better amenities are part of the bank’s transformation process that started in 2022[SINGAPORE] BNY is entering its next phase of transformation that bets big...
India insurance move opens pension firms to 100% foreign holding
The move comes amid a surge in foreign investment in Indian banks and deeper reliance on Indian tech hubs[NEW DELHI] India’s move to lift investment caps on the insurance...
HSBC names Brendan Nelson chairman in surprise move
The bank says Nelson’s appointment follows a robust process assessing internal and external candidates[LONDON] HSBC Holdings’ interim chairman Brendan Nelson will move into that role on a permanent basis,...
China’s tech giants move AI model training overseas to access Nvidia chips: report
Alibaba and ByteDance are among the tech firms training their newest large language models in South-east Asian data centres[BEIJING] Top Chinese firms are training their artificial intelligence models abroad...
ECB holds rates unchanged, offers no clues about next move
The ECB halved its key rate to 2% in the year to June but has been on hold ever since[FRANKFURT] The European Central Bank left interest rates unchanged on...
Tencent-backed Airwallex acquires OpenPay; move pits it against Stripe Billing
[SINGAPORE] Fintech company Airwallex has acquired OpenPay, a San Francisco-based billing platform that provides subscription management, payment orchestration and revenue analytics services. The Singapore-based company will bring OpenPay’s billing...
