(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 […]
(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 […]
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 […]
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 […]
High street newsagent McColl’s has revealed its sales have fallen following the collapse of Palmer & Harvey last Christmas. It comes as the business axed 66 of its most under performing stores this year, after acquiring 11 new branches and upgrading 59 more. The group said in a trading update that the failure of the […]
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 […]
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 […]
(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 […]
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 […]
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 […]