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 advanced packaging facility in northern…

NNR July 25, 2023

Wire

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 Apple Music. TikTok Music said…

NNR July 25, 2023

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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 due to the Covid-19 pandemic.…

NNR July 24, 2023

Wire

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, Champion Black and Champion Golden,…

NNR July 20, 2023

Wire

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 electric vehicle (EV) battery plant…

NNR July 19, 2023

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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 the site into Europe’s largest…

NNR July 19, 2023

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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 model, as it seeks to…

NNR July 18, 2023

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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 of directors. The move reflects…

NNR July 18, 2023

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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 in Latin America. Brazil will…

NNR July 17, 2023

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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 for electric vehicles, the company…

NNR July 14, 2023

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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 $1.93 billion, as it seeks…

NNR July 14, 2023

Wire

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 some of its less profitable…

NNR July 14, 2023