Business
US semiconductor firm launches initiative in Singapore for power-efficient AI data centres
APPLIED Materials, the largest US maker of chip-manufacturing equipment, launched an initiative to bring together firms from across the…
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Austrian chancellor says Ukraine policy firm despite Russia's gas cut
Austria will stick to its Ukraine policy despite Russia halting natural gas deliveries to the country starting from the weekend,…
Business
Singapore tech firm Circles is said to weigh sale of digital arm Circles.Life
CIRCLES Global, a technology company whose backers include private equity firm Warburg Pincus, is considering a sale of its digital…
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Four arrested after protests at defence firm
Four activists who staged protests outside a defence firm have been arrested. Palestine Action said its members blocked the entrance to…
Business
Morgan Stanley’s PE arm to sell HVAC firm to Goldman Sachs Alternatives
MORGAN Stanley’s private equity arm is selling its heating, ventilation and air conditioning (HVAC) business Sila Services, about three…
Business
Global PR Firm Edelman Appoints Rakesh Thukral as New Asia Pacific CEO
Edelman has appointed Rakesh Thukral as its new CEO for Asia-Pacific operations, taking over from Warren Fernandez, who is stepping down…
News
US fines GlobalFoundries for shipping chips to sanctioned Chinese firm
THE US said on Friday (Nov 1) it imposed a US$500,000 penalty on New York-based GlobalFoundries, the world’s third-largest contract…
Business
UBS senior banker who pioneered ESG debt swaps leaves firm
He is among a select group of former Credit Suisse bankers who made it into top roles at UBS, after it acquired its troubled Swiss rival…