1.TSMC : Chipmaker TSMC is fully committed to complying with new export control rules, the company said on Friday, after Taiwan’s government said it would join international sanctions on Russia for invading Ukraine. “TSMC complies with all applicable laws and regulations and is fully committed to complying with the...
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TOP 5 STOCKS TO WATCHOUT:- 1.JAGUAR LANDROVER: Jaguar Land Rover (JLR) owner Tata Motors reported a loss for the third quarter on Monday, hurt by semiconductor shortages and high commodity prices. Automakers worldwide have been roiled by the chip shortage, along with supply chain disruptions, COVID-19 restrictions, and rising...
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1.MICROSOFT:-Â Microsoft Corp is buying “Call of Duty” maker Activision Blizzard for $68.7 billion in the biggest gaming industry deal in history as global technology giants stake their claims to a virtual future. The deal announced by Microsoft on Tuesday, its biggest-ever and set to be the largest all-cash acquisition...
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TOP 5 STOCKS TO WATCHOUT:- HSBC:-The co-head of HSBC’s investment bank Georges Elhedery will take a 6-month sabbatical from the bank starting in March, according to an internal memo seen by Reuters on Friday. Greg Guyett, who co-heads the Global Banking and Markets business with Elhedery, will take over...
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1.TESLA:–Tesla Inc is “still working through a lot of challenges with the government” in India, its billionaire chief executive Elon Musk said on Twitter on Thursday, responding to a question on when it would launch its electric cars in the country. Tesla had plans to begin selling imported cars...
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1.TOSHIBA:–Toshiba Corp’s proposal to split itself into three companies won’t solve its governance issues and the conglomerate should prioritise an overhaul of its board and management, said a senior executive at one of Japan’s largest pension funds. Ken Hokugo, corporate governance director at the Pension Fund Association (PFA), said...
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1.TESLA:–U.S. electric vehicle maker Tesla Inc sold 70,847 China-made vehicles in December, the highest monthly rate since it started manufacturing in Shanghai in 2019, data from the China Passenger Car Association (CPCA) showed on Tuesday. Tesla’s December sales, which included 245 for export, were almost three times the amount...
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1.EVERGRANDE-Cash-strapped property firm China Evergrande Group has left what has been its headquarters in the city of Shenzhen and relocated to nearby Guangzhou, Chinese media outlet The Paper reported on Monday, citing people familiar with the matter. On Monday afternoon, the company’s logo had been partially removed on one...
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1.TOSHIBA-The second-largest investor in Japan’s Toshiba Corp on Thursday called for an extraordinary general meeting, seeking to force the company to win two-thirds support for a three-way breakup plan that has angered some major overseas shareholders. The proposal by Singapore-based hedge fund 3D Investment Partners marks the latest in...
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1.SONY-Japan’s Sony Group Corp plans to launch a company this spring to examine entering the electric vehicle market, looking to harness its strengths in entertainment and sensors to play a bigger role in next-generation mobility. The new company, Sony Mobility Inc, comes as the Japanese tech giant is “exploring...
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