Malaysia’s major telcos mull equity stakes in state 5G agency
March 24 (Reuters) – Malaysia’s four major telecommunications firms will explore the government’s offer of an equity stake in the state 5G agency, Digital Nasional Berhad (DNB), they said in a joint statement on Thursday.
Nvidia CEO says interested in exploring chip manufacturing with Intel
Nvidia Corp (NVDA.O) is interested in exploring using Intel Corp (INTC.O) for manufacturing its chips, Chief Executive Officer Jensen Huang said on a call with reporters on Wednesday.
Top trading houses speak at commodities conference
Executives from the world’s largest trading houses and mining companies are at the FT Commodities Global Summit this week, discussing market trends, cyber security and the impact of the conflict in Ukraine.
UK sanctions Alfa, Gazprombank and Lavrov’s step daughter
Britain sanctioned another wave of Russia’s banks, critical industries and a host of members of its elite on Thursday, including Gazprombank, Alfa Bank, and a woman they said was the stepdaughter of Foreign Minister Sergei Lavrov.
Explainer: Challenges arise as Russia calls for gas payments in roubles
Russian President Vladimir Putin on Wednesday said the world’s largest natural gas producer would soon require “unfriendly” countries to pay for their fuel in Russia’s currency, the rouble.
Mortgage News: Interest rates are on the rise!
Mortgage interest rates are rapidly rising, which is affecting loan demand, particularly refinances. Total mortgage application volume fell 8.1 % last week compared to the previous week, as per the Mortgage Bankers Association’s seasonally adjusted index. For 30-year fixed-rate mortgages with acceptable loan balances ($647,200 or less), the average contract interest rate jumped to 4.50 […]
Tencent posts slowest-ever sales rise; regulation impact set to ease
Revenue at Chinese social media and gaming giant Tencent (0700.HK) grew just 8% in the fourth quarter, the slowest pace since it went public in 2004, reflecting regulatory scrutiny that has hurt both its gaming business and advertising sales.
Canada plan to hike oil exports will not compromise climate goals -government source
Canada on Thursday will outline plans to increase oil exports to help alleviate the tight global market following Russia’s invasion of Ukraine, but the hike will not undermine Ottawa’s long-term climate commitments, a government source said.
EXCLUSIVE Dutch bank ING ends financing for new oil and gas projects
ING Groep NV (INGA.AS) will no longer finance new oil and gas projects, its energy chief said, becoming the biggest bank yet to commit to such a step in the fight against climate change.
As sanctions bite Russia, fertilizer shortage imperils world food supply
Sky-high fertilizer prices have farmers worldwide scaling back its use and reducing the amount of land they’re planting, fallout from the Ukraine-Russia conflict that has some agricultural industry veterans warning of food shortages.
