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Candy maker YLF scraps plan to list on SGX
It would have been the second company to launch an IPO on the local bourse this year [SINGAPORE] Candy maker YLF Group Marketing has withdrawn its plans to list on…
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Car dealer, candy maker could be first listings on SGX this year
[SINGAPORE] Automotive-solutions provider Vin’s Holdings could be the first listing on the Singapore Exchange (SGX) this year. The car dealer, whose businesses include the sale of new parallel-import and pre-owned…
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Musk’s AI Chatbot Defies its Maker, Declaring Million-Dollar Wisconsin Voter Giveaway ‘Likely Violates Federal Law’
Grok, an artificial intelligence chatbot launched by Elon Musk‘s xAI, has gone against the CEO of X by stating that Musk’s million-dollar giveaways in Wisconsin likely violate federal law. Upon…
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Chinese EV maker Nio’s net loss deepens in Q4 despite record vehicle delivery
[SINGAPORE] Chinese electric vehicle (EV) maker ’s net loss deepened to 7.1 billion yuan (S$1.3 billion) in the fourth quarter ended Dec 31, 2024, despite delivering a record number of…
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EU Tariffs Not A Deterrent, Says Chinese EV Maker XPeng
Chinese electric vehicle maker XPeng said Friday that European Union tariffs on EVs made in China have had a “large economic impact” but will not deter the firm’s plans to…
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Chinese electric car maker BYD aims for Europe boost
[PARIS] Chinese carmaker BYD on Thursday vowed to conquer Europe with a new compact electric model and super-fast charging capability to rival continental brands. “You will see, starting from March…
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Nvidia Chief Confident Chip Maker Can Weather US Tariffs
Nvidia boss Jensen Huang expressed confidence Wednesday that the artificial intelligence (AI) chip giant can handle US President Donald Trump’s trade war. “We have a really agile network of suppliers;…
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Battery Maker Northvolt Files For Bankruptcy In Sweden
Swedish electric car battery maker Northvolt has filed for bankruptcy in Sweden after failing to secure financing to enable it to continue operations, the struggling company said Wednesday. Founded in…
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ServiceNow nears deal to buy AI assistant maker Moveworks
Like many of its peers, the Santa Clara, California-based company has been baking generative AI features into its product [NEW YORK] ServiceNow is nearing a deal to buy artificial intelligence…
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Candy maker Mars is selling biggest US bond of year to fund Kellanova buy
MARS sold US$26 billion of US high-grade bonds on Wednesday (Mar 5) to help fund its acquisition of rival foodmaker Kellanova, in the biggest US corporate bond sale of the…
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Honeywell to buy pump maker Sundyne for US$2.16 billion
The US conglomerate is strengthening its energy business ahead of a planned three-way split Honeywell International said on Tuesday (Mar 4) it would buy pump-maker Sundyne from private-equity firm Warburg…
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Honor Device pledges US$10 billion for AI in bid to be more than a phone maker
The company joins a rush towards AI across industries, which has been especially pronounced in China following the breakthrough debut of DeepSeek’s reasoning chatbot HONOR Device, one of China’s biggest…
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EV Vehicle Maker Nikola Files For Bankruptcy Protection: ‘Our Very Best Efforts Have Not Been Enough’
A Nikola truck is seen on the road in a handout photo. Nikola Zero-emissions car company Nikola Corporation has filed for Chapter 11 bankruptcy protection. “In recent months, we have…
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iPhone parts maker Murata eyes supply chain shifts towards India
APPLE iPhone components maker Murata Manufacturing is weighing whether to move some of its production capacity to India, reflecting a global realignment of the supply chain towards the world’s most…
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Former OpenAI tech chief Murati launches AI startup, poaching staff from ChatGPT maker
FORMER OpenAI chief technology officer Mira Murati launched an AI startup called Thinking Machines Lab on Tuesday, with a team of about 30 leading researchers and engineers from competitors including…
