TSMC to invest $2.87 billion in advanced packaging plant in Taiwan
Taiwan Semiconductor Manufacturing Co (TSMC), the world’s largest contract chipmaker, said on Tuesday that it plans to invest nearly T$90 billion ($2.87 billion) in an...
TikTok Music challenges Spotify and Apple Music in key markets
TikTok, the popular short video app, has launched a new music-streaming service in several countries, as it seeks to challenge the dominance of Spotify and...
China resumes visa-free entry for Singapore and Brunei citizens
China has announced that it will reinstate its 15-day visa-free entry policy for citizens of Singapore and Brunei from July 26, after a three-year suspension...
Realme C53 Launches with 108MP Camera and Odd RAM/Storage Options
Realme has launched its latest budget smartphone, the C53, along with the Pad 2 tablet today (July 19, 2023). The C53 comes in two colors,...
Tata Group to build $5.2bn EV battery plant in Britain for Jaguar Land Rover
Tata Group, the Indian conglomerate that owns Jaguar Land Rover (JLR), has announced that it will invest 4 billion pounds ($5.2 billion) to build an...
Tesla seeks approval for major expansion of Berlin factory
Tesla has applied to German authorities for permission to make extensive changes to its factory near Berlin, as part of its ambitious plan to turn...
Ford slashes F-150 Lightning prices to compete with Tesla
Ford Motor Co. on Monday announced a sharp reduction in the prices of its F-150 Lightning electric trucks, including a 17% cut for the base...
Saudi Aramco CEO joins BlackRock board of directors
BlackRock, the world’s largest asset manager, announced Monday that Amin Nasser, the CEO of Saudi Aramco, the world’s largest oil company, is joining its board...
H&M to enter Brazilian market in 2025
Swedish fashion retailer H&M announced on Monday that it will launch stores and online trade in Brazil in 2025, as part of its expansion strategy...
Tesla launches Model Y in South Korea with maximum subsidies
Tesla has started selling its Model Y rear-wheel drive car in South Korea at a price that qualifies for the highest level of government subsidies...
Eli Lilly to buy Versanis for up to $1.93 billion in obesity drug push
Eli Lilly and Co said on Friday it will acquire Versanis, a privately held biotech company developing a novel obesity drug, for potentially up to...
Standard Chartered sells African businesses to Access Bank
LONDON: Standard Chartered has agreed to sell its subsidiaries in five sub-Saharan African countries to Nigeria’s Access Bank, as part of its plan to exit...