STOCKHOLM : SAP said on Thursday it has agreed to buy a majority stake in privately held U.S. fintech firm Taulia as the German business software group seeks to expand its presence across supply-chain financing and working capital loans. Taulia works with financial institutions to allow suppliers that use its […]
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FILE – Protesters gather for a rally against COVID-19 vaccine mandates in front of the Lincoln Memorial in Washington, Sunday, Jan. 23, 2022. On Tuesday, Jan. 25, 2022, the Biden administration said it has officially withdrawn a rule that would have required workers at big companies to get vaccinated or […]
Twitter said governments around the world made requests to remove content from a record number of user accounts between January and June last year, in data to be released by the social media company on Tuesday. The platform said governments made 43,387 legal demands for the removal of content from […]
ZURICH : Logitech International expects the global shortage of semiconductor chips to continue throughout 2022, Chief Executive Bracken Darrell told Reuters on Tuesday. “I think it is going to be around a while,” Darrell said. “I don’t think it (the shortage) will be as severe by the time we get […]
TOKYO: Toyota Motor Corp will halt more production in Japan this month because COVID-19 infections among autoworkers had slowed supplies of parts, the company said on Monday (Jan 24). That disruption, which comes amid a shortage of semiconductors, will cut planned production this month by 65,000 vehicles, 18,000 more than […]
NEW YORK: Merck & Co’s antiviral pill will be evaluated in a large British trial as a possible treatment for patients hospitalised with Covid-19, amid the worldwide spread of the Omicron variant of the coronavirus. The pill, molnupiravir, has been approved by Britain for use in people with mild to […]
WASHINGTON: The U.S. government said on Friday it would suspend 44 China-bound flights from the United States by four Chinese carriers in response to the Chinese government’s decision to suspend some U.S. carrier flights over COVID-19 concerns. The suspensions will begin on Jan. 30 with Xiamen Airlines’ scheduled Los Angeles-to-Xiamen […]
KUALA LUMPUR: Malaysia’s flagship budget airline AirAsia Group is in early acquisition discussions for air cargo carrier Raya Airways to beef up its logistics business, The Edge Weekly reported on Saturday (Jan 22) citing sources. The business weekly said the airline has approached businessman Ishak Ismail whose family owns Raya […]
TOKYO : Japan could open up to blank-cheque listings but with its own safeguards for investors, the head of the Tokyo bourse said, as the government scrambles to grow startup firms as a way to revitalise the world’s third-largest economy. The Tokyo Stock Exchange (TSE) has set up a study […]
OSLO : Norway’s Telenor said on Thursday it had partnered with Amazon Web Services (AWS) to speed up the modernisation of its telecoms systems, boosting the use of cloud technology to offer 5G and low-latency data services to professional customers. In collaboration with the U.S. tech giant, Telenor will develop […]