Sources
KKR-SingTel consortium frontrunner to buy US$1 billion stake in data centre provider: sources
A CONSORTIUM of US firm KKR and Singapore Telecommunications (SingTel) has emerged as the frontrunner to buy a minority stake worth US$1 billion in one of Asia’s biggest data...
India’s Reliance to buy Russian oil in roubles: sources
INDIA’S Reliance Industries, operator of the world’s biggest refining complex, has signed a one-year deal with Russia’s Rosneft to buy at least three million barrels of oil a month...
Amazon in talks with Italy to invest billions of euros in cloud plan: sources
AMAZON’S computing unit AWS is in talks with Italy to invest billions of euros in the expansion of its data centre business in the country as part of the...
Nokia to supply 5G radio equipment to Portugal’s MEO, sources say
Nokia is set to win a contract to supply 5G radio equipment to Portuguese telecoms operator MEO, according to an internal Nokia blog post and two sources familiar with...
Saudi Arabia plans Aramco share sale as soon as June: sources
SAUDI Arabia is planning a multi-billion-US dollar share sale in energy giant Aramco as soon as June in what would be one of the region’s biggest stock deals, two...
Nvidia cuts China prices in Huawei chip fight: sources
NVIDIA’S most advanced artificial intelligence (AI) chip it developed for the China market has got off to a weak start, with abundant supply forcing it to be priced below...
Samsung’s HBM chips failing Nvidia tests due to heat and power consumption woes, sources say
SAMSUNG Electronics’ latest high bandwidth memory (HBM) chips have yet to pass Nvidia’s tests for use in the US firm’s AI processors due to heat and power consumption problems,...
Disney to sell stake in Tata’s US$1 billion India TV platform: sources
WALT Disney has struck a deal to sell its minority stake in a subscription television broadcaster to Tata Group, people familiar with the matter said, allowing the US media...
