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...The top three executives at some of China’s leading state-backed brokerages, including CSC Financial, Citic, China International Capital Corporation (CICC), Huatai Securities and Guotai Junan Securities,...
...$72bn of state-related support over the past 15 years, the development of the single-aisle aircraft is seen as a big step forward for President Xi Jinping’s vision of moving China up the value chain in technology...
...At the time, the companies pledged they would adjust their models if the institute found flaws in the technology....
...Hassabis welcomed the continuing international dialogue on the subject, with subsequent summits due to be held by South Korea and France, and the creation of UK and US AI safety institutes....
...China’s national chip champions expect to make next-generation smartphone processors as early as this year, despite US efforts to restrict their development of advanced technologies....
...Renesas recently bought Apple supplier Dialog for €4.9bn, having also sealed deals for US rival Integrated Device Technology for $7.2bn in 2019 and for US chipmaker Intersil for $3.2bn in 2017....
...Private equity groups Advent International and CVC Capital have teamed up to bid for a pet food company owned by Cinven, leaving a single bidding consortium left seeking to buy an asset the UK buyout group...
...Last year Samsung Display filed a complaint against BOE with the US International Trade Commission aimed at stopping the Chinese company from selling displays in the US using tech that was allegedly stolen...
...In October, Samsung Display filed a complaint against BOE with the US International Trade Commission to stop the Chinese company from selling displays in the US that Samsung alleges contain its stolen technology...
...Smaller local peer United Microelectronics Corp has also shut down machinery and evacuated staff at certain facilities....
...But it must keep investing heavily in new technologies and capacity to keep up with rivals. The sale would free up ample cash for Panasonic to invest in rapidly changing battery technology....
...Russia’s war in Ukraine was the main driver of European defence spending, but for the first time since 2009, military expenditure also increased in the other four main geographical regions, the Stockholm International...
...Sean White, who has held various technology roles, has joined as its new chief executive....
...US chipmaker Intel has received the largest sum, up to $8.5bn, while GlobalFoundries, Microchip Technology and BAE Systems have also received funding....
...While the US technology giant has said it is still working on a new generation of more powerful consoles, analysts think its long-term direction is clear....
...“We were scouting around for the technology and came across MG.”...
...“South Africa as a country may feel it’s losing a national champion to an international foe,” said Dawid Heyl, a portfolio manager at Cape Town-based asset manager Ninety One, which holds more than 2 per...
...The channel’s best-rated presenter, Piers Morgan, said last month that he would only post his Uncensored show on the YouTube channels owned by News UK, a subsidiary of the Murdoch family’s News Corp....
...Display adjustments Taiwanese display maker AUO will shut down its production lines in Singapore by the end of this month due to continued weak demand for LCD screens, Nikkei Asia’s Lauly Li writes....
...If AI makes it possible to give search users direct answers to more of their questions, it could reduce the need to click on the links and adverts that Google displays....
...President John F Kennedy’s bold vision for space exploration began as a propaganda ploy, designed to display American might....
...Samsung regained its position as the world’s largest smartphone maker by volume in the first quarter, according to market researcher International Data Corporation, just three months after Apple claimed...
...Risky business The US is pressing Austria’s Raiffeisen Bank International, the biggest western bank in Russia, to drop plans to buy a €1.5bn stake from a Russian tycoon, Reuters writes....
...The UK’s Government Art Collection (GAC) has committed to buy work on display at this year’s fourth edition of London Gallery Weekend (May 31-June 2)....
...The technology has been touted as allowing more sophisticated weather forecasting — helping to balance power demand — and emissions tracking....
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