REUTERS: Apple Inc is in advanced talks to buy chipmaker Intel Corp's smartphone-modem chip business, the Wall Street Journal reported on Monday, citing people familiar with the matter. Assuming talks don't fall apart, the deal, valued at US$1 billion or more, could be reached in the next week ......
OTTAWA: Embattled Chinese telecom giant Huawei unveiled plans on Monday (Jul 22) to deploy high-speed wireless internet to dozens of underserved communities in Canada's remote northern regions. The move - mostly 4G deployments and not the superfast fifth-generation or 5G - comes with Huawei under ...
Whirlpool Corp on Monday beat analysts' estimates for second-quarter revenue and raised its full-year profit forecast, as the appliance maker sold its washing machines and kitchen appliances at higher prices.
NEW YORK: The Nasdaq rallied on Monday (Jul 22), with large technology shares gaining ahead of earnings reports and semiconductor stocks surging on expectations the sector is primed for good results. With some 130 companies the S&P 500 set to report this week, analysts are squarely focused on ...
Blackstone Group Inc is considering selling its stake in LNG producer Cheniere Energy Inc's limited partnership seven years after investing about US$1.5 billion, Bloomberg reported on Monday, citing people familiar with the matter.
Lloyds Banking Group PLC will pay about 140 million pounds (US$174.72 million) to Standard Life Aberdeen PLC (SLA) to settle a legal fight over the future of a 100 billion pound asset management mandate, Sky news reported on Monday.
The Canadian unit of China's Huawei Technologies Co Ltd sought to distance itself from the actions of the Chinese government on Monday, with a top local executive saying the company is worried about two Canadian men being held by Beijing.
The U.S. Federal Trade Commission is expected to announce a roughly US$5 billion settlement with Facebook Inc as early as this week of its investigation into the social media company’s handling of user data, two sources briefed on the matter said on Monday.
Britain on Monday postponed a decision on whether Huawei could participate in building next-generation 5G mobile networks until it had a clearer picture on the impact of U.S. measures taken against the Chinese company.
The so-called FANG stocks take centre stage on Wall Street this week, with Amazon , Alphabet and Facebook set to report as the S&P 500 approaches a record high.
