Reaction to Didi Global’s plans to delist from New York

December 3 (Reuters) – The following are reactions to ride-high giant Didi Global (DIDI.N)’s decision to delist from the New York Stock Exchange and pursue a listing in Hong Kong, after succumbing to pressure from Chinese regulators who are concerned about data security. Didi encountered Chinese authorities pushing ahead with its 4.4 billion US IPO … Read more

US FTC sues to block Nvidia deal to buy Arm

SAN FRANCISCO / WASHINGTON, December 2 (Reuters) – The US Federal Trade Commission on Thursday sued to block the US chip company Nvidia Corp (NVDA.O) for more than $ 80 billion planned acquisition of the British chip technology provider Arm, which adds to the already significant global regulatory challenges of the agreement. The FTC said … Read more

Southeast Asia’s Grab setbacks in US debut after record Spac deal

Grab listed Thursday after $ 40 billion. agreement with Altimeter Debut marks the largest listing in the United States of a Southeast Asian company Early backers SoftBank, Didi set for payday bonanza The bell ceremony takes place in Singapore SINGAPORE, December 2 (Reuters) – Shares in Grab, Southeast Asia’s largest travel and delivery company, fell … Read more

EXCLUSIVE Europe’s telecommunications companies want US technology giants to help fund network costs

BRUSSELS, November 29 (Reuters) – US technology giants should bear some of the cost of developing Europe’s telecommunications network because they use them so much, top executives of Deutsche Telekom (DTEGn.DE), Vodafone (VOD.L) and 11 other major IT informs European telecommunications companies on Monday. The call from CEOs comes as the telecommunications industry faces massive … Read more

Telecom Italia loses CEO in board clashes in the middle of the KKR approach

The Tim logo is seen at its headquarters in Rome, Italy on November 22, 2021. REUTERS / Yara Nard Sign up now for FREE unlimited access to Sign up TIM Brazil’s boss Labriola appointed general manager KKR has put forward a $ 12 billion proposal to take TIM privately Under fire from the top … Read more

India tells the public to avoid Musk-backed Starlink until it gets licensed

SpaceX founder and Tesla CEO Elon Musk speaks on screen at the Mobile World Congress (MWC) in Barcelona, ​​Spain, June 29, 2021. REUTERS / Nacho Doce / File Photo Sign up now for FREE unlimited access to Sign up NEW DELHI, NOVEMBER 27 (Reuters) – The Indian government discouraged people from subscribing Starlink Internet … Read more

China asks Didi to delist from US due to security fears – Bloomberg News

SHANGHAI, Nov. 26 (Reuters) – Chinese regulators have asked top executives of ride-highiling giant Didi Global Inc (DIDI.N) to devise a plan to delist from US stock markets for fear of data security, Bloomberg News reported. China’s tech watchdog wants management to remove the company from the New York Stock Exchange due to concerns about … Read more

The United States puts Chinese aid companies on the trade blacklist

Chinese and American flags fluttering outside a corporate building in Shanghai, China November 16, 2021. REUTERS / Aly Song Sign up now for FREE unlimited access to Sign up WASHINGTON, Nov. 24 (Reuters) – The U.S. government on Wednesday put a dozen Chinese companies on its trade blacklist for reasons of national security and … Read more

Russia is sending satellite images to Lebanon from the day of the port bombing in Beirut

MOSCOW, NOVEMBER 22 (Reuters) – Russia has sent Lebanon the satellite images it has for the port of Beirut before and after a huge explosion shook the country last year, Russian Foreign Minister Sergei Lavrov said after talks with his Lebanese counterpart in Moscow on Monday. The Russian space agency Roscosmos said last week that … Read more

Telecom Italy’s Board of Directors meets to discuss takeover proposals from KKR

Telecom Italy logo for the TIM brand seen on a building in Rome, Italy, on April 9, 2016. REUTERS / Alessandro Bianchi / File Photo Sign up now for FREE unlimited access to Sign up The goal is to separate landlines, run it as a government-regulated asset KKR aims for TIM-Open Fiber network fusion, … Read more