Sunday, 29 Sep 2024

Business

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Qualcomm says has moved on from NXP despite China comment

(Reuters) – U.S. chipmaker Qualcomm Inc (QCOM.O) said on Monday it was not looking to revive its abandoned $44 billion acquisition of Dutch peer NXP Semiconductors NV (NXPI.O), a day after the White House said China would reconsider clearing a deal if it was attempted again. Qualcomm, the world’s biggest smartphone-chip maker, walked away from […]

Futures jump on temporary trade detente

(Reuters) – U.S. stock index futures jumped around 2 percent on Monday, set to add to last week’s strong gains, after the United States and China declared a temporary trade truce. Strong gains in Apple and other technology stocks pushed Nasdaq futures up more than 2 percent, while S&P 500 e-minis ESc1 touched a near […]

World outlook darkens as factory activity slips, orders fall

LONDON/TOKYO (Reuters) – Global economic prospects appear gloomy as year-end approaches after factory activity and export orders weakened in November, prompting analysts to predict no quick rebound amid persistent global trade tensions. In a sign that corporate sentiment is taking a hit from the worries over protectionism, manufacturing activity slipped in November in countries as […]

Skills framework launched to raise digital literacy of marine sector

SINGAPORE – In a bid to improve the digital literacy of the 23,000 Singaporeans working in the marine and offshore industry, the National Trades Union Congress (NTUC) rolled out a new training initiative to help workers and companies raise their skills. This “digital readiness framework” is a step-by-step guide on how workers and employers can […]

Former Queenstown Cinema site up for sale, with over $200m expected price

SINGAPORE – A prime commercial development site in Queenstown which once housed the iconic Queenstown Cinema at 250 Commonwealth Avenue was launched for sale by tender on Monday (Dec 3). The vacant plot has a land area of 3,001.2 square metres (32,305 square feet) and a 99-year lease commencing from Jan 1, 1975. It is […]

$30m grant to enhance cyber security capabilities in financial sector launched

SINGAPORE – A $30 million grant aimed at boosting the cyber resilience of Singapore’s financial sector and developing local talent in the field of cyber security was launched on Monday (Dec 3). The Monetary Authority of Singapore (MAS) announced details of the new Cybersecurity Capabilities Grant in a statement on Monday. The grant will support […]

Qualcomm says NXP deal is dead, even as China seen open to okaying it

(Reuters) – U.S. chipmaker Qualcomm Inc (QCOM.O) rejected a suggestion by the White House that its collapsed $44 billion acquisition of Dutch peer NXP Semiconductors (NXPI.O) could be revived, saying the deal had been terminated as the deadline had expired. Qualcomm, the world’s biggest smartphone-chip maker, walked away in July from the mammoth deal to […]

News Networks Fall Short on Climate Story as Dolphins Die on the Beach

NAPLES, Fla. — Most people from the Northeast move to Florida to get out of the cold. Colleen Gill came to Naples because she heard the call of the wild. She had vacationed on this slice of coastal paradise for 20 years. She made regular jaunts to the Big Cypress National Preserve, home to cypress […]

Asia cheers Sino-U.S. trade truce, oil bounces

SYDNEY (Reuters) – Asian shares looked set to rally on Monday after U.S. and Chinese leaders brokered a truce in their trade conflict, a relief for the global economic outlook and a tonic for emerging markets. Trade-exposed currencies led the early gains, with the Australian dollar notching a four-month peak, while the dollar slipped against […]