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Category: Business

Business

Volkswagen plans to decide new gigafactory locations in H1, 2022

December 27, 2021
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Volkswagen (VOWG_p.DE) said on Monday it was looking at locations for planned battery cell plants in Spain and eastern Europe […]

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Business

Malaysia says U.S. chipmaker Intel to invest $7 bln in new facility

December 26, 2021
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American chip manufacturer Intel Corporation (INTC.O) will invest 30 billion ringgit ($7.10 billion) in a new, state-of-the-art facility, Malaysian authorities […]

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Business

UK antitrust regulator looks into Microsoft’s $16 bln Nuance deal

December 25, 2021
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Britain’s antitrust regulator said on Monday it will look into Microsoft Corp’s (MSFT.O) $16 billion purchase of artificial intelligence and […]

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Business

Libor limbers up for ‘Y2K’ walk into a $265 trillion sunset

December 24, 2021
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Bankers and regulators will be at their screens on New Year’s Eve to see if what was once dubbed the […]

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Business

McDonalds to hire 12,000 people, open 200 restaurants in Italy by 2025, exec says

December 23, 2021
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U.S fast food chain McDonalds (MCD.N) will hire 12,000 people and open 200 new restaurants in Italy by 2025, Dario […]

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Business

China’s SenseTime postpones $767 mln Hong Kong IPO after U.S. ban

December 22, 2021
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Chinese artificial intelligence start-up SenseTime Group postponed its $767 million Hong Kong initial public offering (IPO) on Monday after being […]

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Business

New double act reinforces Ortega family grip on Inditex

December 21, 2021
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An experienced team of managers should smooth leadership change at Inditex (ITX.MC) next year, when the family of billionaire founder […]

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