Source
Allianz scraps proposed acquisition of Singapore’s Income Insurance: source
Allianz has scrapped a proposed US$1.5 billion euro (S$2.1 billion) acquisition of a 51 per cent stake in Singaporean firm Income Insurance because of public opposition to the deal,...
Bank of America promotes 387 employees to managing director: source
Bank of America (BOA) has promoted 387 employees to managing director roles in 2024, 16 per cent more than last year, a source familiar with the matter said on...
St James’s Place to cut around 500 jobs, source says
The cuts represent nearly a sixth of the company’s workforce of around 3,200 peopleBritish wealth manager St James’s Place is planning to make around 500 layoffs in the coming...
Japan competition authorities raid Amazon Japan: source
JAPAN’S Fair Trade Commission on Tuesday conducted an on-site inspection of Amazon Japan on suspicion of violating anti-monopoly laws, a government source said.The unit of Amazon.com Inc is suspected...
US ordered TSMC to halt shipments to China of chips used in AI applications: source
THE US ordered Taiwan Semiconductor Manufacturing Co (TSMC) to halt shipments of advanced chips to Chinese customers that are often used in artificial intelligence applications starting Monday (Nov 11),...
Tax fraud investigators search Netflix offices in Paris and Amsterdam: source
INVESTIGATORS searched the offices of US streaming giant Netflix in France and the Netherlands as part of a preliminary investigation into tax fraud laundering, a French judicial source said...
KPMG to lay off less than 4% of US audit workforce: source
KPMG will lay off less than 4 per cent, or about 330 people, of its audit workforce in the United States, a source familiar with the matter said on...
TSMC told US of chip in Huawei device after TechInsights finding: source
TAIWAN Semiconductor Manufacturing Company (TSMC) notified the US a couple of weeks ago that one of its chips had been found in a Huawei device after a teardown by...
