By Stephen Nellis and Max A. Cherney SAN FRANCISCO (Reuters) – Lip-Bu Tan may be one of the most powerful technology executives you’ve never heard of. As he steps into one of the highest-profile jobs on the planet, CEO of troubled, storied chipmaker Intel, his performance will be on full display. Tan, named Intel CEO …
Intel’s new CEO Lip-Bu Tan has a history as a successful underdog Read More »
By Olga Popova MOSCOW (Reuters) – China is expected to step up imports of agricultural products from Russia in response to growing trade conflict with the U.S. and Canada, with trade in peas set to be one of the first to pick up. Last week China imposed import levies covering $21 billion worth of American …
Trade quarrels to boost Russia-China agricultural trade, lobbies and analysts say Read More »
SHANGHAI/BEIJING (Reuters) -Tesla is working with Chinese tech giant Baidu to improve the performance of its advanced driving assistance (ADAS) system in China, two people with knowledge of the matter said, after a recent update drew customer criticism. Baidu dispatched a group of engineers from its mapping team to Tesla’s Beijing office in recent weeks …
Tesla working with Baidu to improve assisted driving system in China, sources say Read More »
BEIJING (Reuters) – Chinese tech company Xiaomi’s new electric crossover SUV, the YU7, will have a driving range of up to 770 kilometres (478 miles), a government document showed on Thursday. The car will be Xiaomi’s first SUV and is expected to hit the market this summer, to take on Tesla’s Model Y. The vehicle, …
Xiaomi’s electric crossover car YU7 to have range of up to 770 km, govt document shows Read More »
(Reuters) – Singapore’s utilities firm Sembcorp Industries said on Thursday it has terminated the gas sales deal its unit had signed to import piped natural gas (PNG) from the Mako gas fields in Indonesia, citing regulatory hurdles. The Temasek Holdings-backed firm said it failed to receive the required regulatory nods from Indonesia to go ahead …
Singapore’s Sembcorp Industries scraps Indonesia gas deal due to regulatory snags Read More »
BANGKOK (Reuters) -A Thai business group on Thursday urged Prime Minister Paetongtarn Shinawatra to negotiate with the United States and consider lowering import taxes on U.S. goods, as the government met with the private sector to discuss U.S. trade policy. The meeting comes ahead of a deadline U.S. President Donald Trump has set next month …
Thai business group urges PM to negotiate with U.S. amid tariff fears Read More »
BEIJING (Reuters) – Chinese AI startup Zhipu AI secured 500 million yuan ($69.04 million) in funding from state-owned Huafa Group, just earlier this month announcing a separate 1 billion yuan capital raise. Huafa Group, a state conglomerate based in Zhuhai in Guangdong province, has in recent days announced its investment in Zhipu, state media Zhuhai …
US-blacklisted Zhipu AI gets fresh funding from Chinese state firm Read More »
BEIJING (Reuters) – Chinese hotpot giant Haidilao said it would compensate over 4,000 diners who had visited one of its outlets in Shanghai after two diners urinated into their hotpot broth. A video showing two men urinating into the broth of their hotpot while dining in a private room at a Haidilao restaurant started circulating …
China’s Haidilao to compensate thousands of customers over hotpot pee incident Read More »
By Makiko Yamazaki TOKYO (Reuters) -A major Japanese labour union group said on Thursday its member unions had struck agreements for substantial wage hikes, although the average rise of just over 5% was slightly smaller than last year. Policymakers and employers broadly concur that robust pay hikes are needed to help workers cope with sharply …
Japan union group says gained hefty average 2025 pay hike, albeit less than last year Read More »
SINGAPORE (Reuters) -Singapore prosecutors told a court on Thursday that a case in which Singapore-based firms have been accused of fraudulently supplying U.S. servers to Malaysia involves transactions worth $390 million. Three men have been charged with committing fraud against Dell and Super Micro by falsely representing where the servers would end up. Singapore media have linked …
Singapore prosecutors say US server fraud case involves $390 million of transactions Read More »
