Sources
Saudi crude oil exports to China set to slip in September: sources
SAUDI crude oil exports to China are set to fall in September to about 43 million barrels, several trade sources said on Monday (Aug 12), citing monthly allocations for...
Cisco to lay off thousands more in second job cut this year: sources
CISCO will cut thousands of jobs in a second round of layoffs this year as the US networking equipment maker shifts focus to higher-growth areas, including cybersecurity and AI,...
Taylor Swift cancellations deal blow to insurers: sources
INSURERS face millions of US dollars in claims after a foiled attack forced three Taylor Swift concerts in Austria to be cancelled, though several providers will share out the...
India’s Mahindra seeks nod for US$3 billion Shaanxi JV: sources
INDIAN automaker Mahindra & Mahindra and China’s Shaanxi Automobile Group have agreed to set up a US$3 billion joint venture to build a car manufacturing plant in India and...
China tells some brokerages to conduct compliance checks on bond trading: sources
CHINA’S securities regulator has ordered some brokerages to inspect their bond trading activities, three people with knowledge of the matter said, as authorities seek to rein in frenzied buying...
Adani Enterprises to return to equity market with US$1 billion share sale: sources
ADANI Enterprises is likely to launch a US$1 billion share sale by mid-September, three sources with direct knowledge of the matter told Reuters, in the latest attempt by Indian...
Samsung’s 8-layer HBM3E chips clear Nvidia’s tests for use, sources say
A VERSION of Samsung Electronics’ fifth-generation high bandwidth memory (HBM) chips, or HBM3E, has passed Nvidia’s tests for use in its artificial intelligence (AI) processors, three sources briefed on...
China’s Dongfeng in pole position to build an auto plant in Italy: sources
TALKS between the Italian government and China’s Dongfeng Motor Group about building an auto plant in Italy are at an advanced stage, Italian sources close to the matter said...
