Business
Gamers, developers protest Saudi Arabia's bid to acquire Electronic Arts
As Electronic Arts moves closer to closing a sale of the gaming company to Saudi Arabian investors, it’s facing backlash from a group of…
Tag
bid
Business
Hin Leong liquidator succeeds in High Court bid to wind up Yuantai Fuel Trading
During the Friday morning hearing, the bunker firm did not raise any objections to the order The High Court granted a winding-up order…
Business
BYD shifts to local parts in Brazil factory in bid for market leadership
Since October, the automaker has produced about 25,000 cars at the industrial complex Chinese automaker BYD is aiming to produce and…
Business
KKR, Singtel & GIC bid for Temasek-backed STT GDC
Should it go through, the deal would be one of Asia’s largest data-centre transactions Temasek-backed data-centre operator ST Telemedia…
News
S'pore Court Rejects Bid to Declare 97-Year-Old Businessman Mentally Incapable Over Plans to Marry Mistress
A Singapore court has dismissed an application by a man seeking to have his 97-year-old father declared mentally incapable after the…
Business
Bain makes binding FineToday bid, eyes Asia beauty market: sources
FineToday operates in 11 Asia markets, including South Korea and Singapore, with China its second-largest after Japan Bain Capital has…
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South Korea kicks off AI Squid Game in bid to compete with US, China
The state-backed survival contest aims to find the best indigenous artificial intelligence models Late last year, more than a thousand…
Business
OpenAI to test ads in ChatGPT in bid to boost revenue
The move marks a major departure for the company that had so far relied on subscriptions OpenAI said it would start showing ads in ChatGPT…
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BlackRock’s Rick Rieder bid for Fed chair is gaining traction
The candidacy of BlackRock’s Rick Rieder to be the next Federal Reserve chair has gained late momentum, people familiar with the matter…
Business
GIC, EQT weigh joint bid for Volkswagen’s 6-billion euro Everllence unit: sources
A potential Everllence sale comes as VW seeks to boost profitability and streamline its sprawling operations A majority stake in…
Business
Netflix weighs amending Warner Bros bid to make it all cash
Netflix shares have lost about a quarter of their value since the company’s pursuit of Warner Bros started NETFLIX is working on revised…
Business
Reliance halts cell-making plans after failed bid for China tech
Its struggles show that companies asked to make India carbon-zero by 2070 cannot progress without better bilateral ties with Beijing…
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China warns solar firms on monopoly risks amid consolidation bid
Measures such as raising industry standards and gradually phasing out subsidies are also likely to continue CHINA’S market regulator has…
Business
Warner Bros rejects revised Paramount bid as risky leveraged buyout
Warner Bros Discovery’s board has unanimously turned down Paramount Skydance’s latest attempt to acquire the studio, saying its revised…
Business
Warner Bros rejects revised Paramount bid, sticks with Netflix
The offer hinges on ‘extraordinary amount of debt financing’ that heightens risk of closing, the board tells shareholders Warner Bros…
Business
Ley Choon’s mainboard bid set to be a price catalyst
In January 2025, I wrote that Ley Choon Groupmight be a stock to watch, as the provider of underground utilities infrastructure…
Business
Intel shows off new computers that are central to comeback bid
The performance of the new products is vital to the turnaround plans of the embattled chipmaker Intel showed off laptop computers based on…
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Warner Bros likely to reject Paramount’s latest hostile bid, source says
WARNER Bros Discovery will likely reject Paramount Skydance’s amended US$108.4 billion hostile bid for the storied Hollywood studio…
Business
China to pay interest on digital yuan in bid to boost adoption
CHINA is about to start paying interest on its official digital currency in a fresh push to get more people to use it after about a decade…
Business
Vietnam’s Vingroup to withdraw bid for US$67 billion North-South high-speed railway
Vietnam’s largest conglomerate, Vingroup, said on Thursday (Dec 25) that it would withdraw its investment proposal for the nation’s…
Business
Fu Yu’s largest shareholder Victor Lim reinstated as director of strategy, makes new bid for board membership
Reinstatement is in view of his ‘ability to contribute to the group’, says company Components manufacturer Fu Yu has since Nov 1…
Business
Straits Trading launches senior living pilot in bid to grow independent living business
It aims to build an integrated independent value-chain in the senior living business Mainboard-listed The Straits Trading Company on…
Business
Larry Ellison offers US$40.4 billion guarantee to beef up Paramount's Warner Bros bid
Oracle co-founder Larry Ellison will provide a personal guarantee of US$40.4 billion in equity financing to back Paramount Skydance’s…
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Netflix refinances part of US$59 billion loan for Warner Bros bid
The streaming giant plans to tap capital markets to further reduce its bridge facility and extend its debt maturities Netflix has…