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Intel plans to shed thousands of workers
Intel, once the most valuable U.S. chipmaker, faces an uphill battle as it tries to stay relevant in the artificial intelligence race. On Friday, Intel saw its stock drop...
Chinese shipyards’ market share falls to 52% amid US port fees concerns, says Bimco
[SINGAPORE] The market share of Chinese shipyards dropped by almost a third from January to June this year amid concerns about upcoming fees on Chinese ships entering US ports,...
Nvidia is the first $4-trillion company. Here are three things to know
SAN FRANCISCO — Nvidia is already the world’s most valuable company, being one of the biggest beneficiaries of the global artificial intelligence boom. This week, the Santa Clara-based chip maker got...
Prudential commences third tranche of US$2 billion share buyback scheme
[SINGAPORE] Asia-focused insurer Prudential on Tuesday (Jul 1) announced the commencement of the third and final tranche of its US$2 billion share buyback programme launched in June 2024. This...
Chinese automakers grab record hybrid market share in Europe
[LONDON] Chinese automakers continued to expand their European foothold in May, capturing the highest share ever of hybrid-car sales and the biggest slice of the electric vehicle (EV) market...
Chinese automakers grab record hybrid market share in Europe
[LONDON] Chinese automakers continued to expand their European foothold in May, capturing the highest share ever of hybrid-car sales and the biggest slice of the electric vehicle (EV) market...