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Chipmaker Qualcomm says automotive future business expands to $30 bln

U.S. chip designer Qualcomm Inc (QCOM.O) on Thursday said its automotive business "pipeline" increased to $30 billion, up more than $10 billion…

3 years ago

Exclusive: Credit Suisse sounds out investors about capital hike – sources

Credit Suisse is sounding out investors for fresh cash, two people familiar with the matter said, approaching them for the…

3 years ago

JPMorgan upbeat on Greek banks, upgrades Piraeus to ‘overweight’

JPMorgan upgraded Piraeus Bank (BOPr.AT) to "overweight" and said it was positive on Greece's four big banks in a research report published…

3 years ago

EXCLUSIVE Sea’s Shopee shuts operations in Argentina, Chile, Colombia, Mexico -sources

Sea Ltd's (SE.N) e-commerce arm told employees on Thursday it was shutting local operations in Chile, Colombia and Mexico, and leaving Argentina…

3 years ago

Evergrande winding-up lawsuit in Hong Kong adjourned to Nov 7

Hong Kong's High Court approved on Monday an application by China Evergrande Group (3333.HK) and its major offshore credit group to adjourn…

3 years ago

EXCLUSIVE Hollysys management to lead take-private deal at $1.8 bln valuation -sources

A consortium led by China's Hollysys Automation Technologies management plans to take the U.S.-listed automation and control system maker private…

3 years ago

Exclusive: Shell’s CEO van Beurden prepares to step down next year -sources

Shell (SHEL.L) has shortlisted four candidates to succeed Chief Executive Ben van Beurden who is preparing to step down next year after…

3 years ago

BNPL lender Affirm’s shares tumble after gloomy full-year revenue forecast

Shares of Affirm Holdings Inc (AFRM.O) tumble 13% in premarket trading on Friday after the buy-now-pay-later lender's full-year revenue forecast missed Wall…

3 years ago

Singapore’s Grab says ‘laser-focused’ on profitability after bumper quarter

Singapore's Grab Holdings Ltd on Thursday lifted the lower end of its revenue forecast for the year and said it…

3 years ago

Canada’s TD, CIBC profits beat estimates; loan growth offsets higher costs, provisions

Toronto-Dominion Bank (TD.TO) and Canadian Imperial Bank of Commerce (CM.TO) posted better-than-expected third-quarter profits on Thursday, with the former driven by lower provisions for…

3 years ago