Shares of Japanese tech giant Rakuten jump 20%…

The logo of Japanese tech giant Rakuten logo seen at the Mobile World Congress 2019.Paco Freire| SOPA Images | LightRocket via Getty ImagesShares of Japanese tech giant Rakuten jumped 20% on Monday, extending their gains…

Investors look for long-term plan from Vedanta after…

Investors in Vedanta Resources Ltd. are turning their attention to the miner’s longer-term plan to streamline a complex group structure that has kept the parent from easily accessing cash at its units. Vedanta Resources, controlled…

Sellers from tier II towns and beyond see…

Walmart-owned Flipkart and Amazon India on Sunday said lakhs of sellers, including a significant chunk from tier II cities and beyond, have received orders during the initial days of festive sale on their platforms. The…

SoftBank’s Arm sale hits a snag as UK…

SAM YEH | AFP | Getty ImagesThe U.K.'s opposition Labour party said this week that an Arm takeover is not in the public interest and criticized the ruling Conservative Party for failing to protect the…

ByteDance quietly racks up users for its music…

ByteDance staff walk past the ByteDance headquarters building in Beijing on July 8, 2020.Greg Baker | AFP | Getty ImagesChina's ByteDance, the owner of TikTok, has quietly been racking up users for its music streaming…

GMR closes stake sale deal in airport biz…

New Delhi: GMR Infrastructure Ltd, the company that operates Delhi and Hyderabad airports, today said that it has successfully completed its deal to sell 49% stake in its airports’ business to France’s Groupe ADP. The…

China’s biggest chipmaker is up over 200% this…

Semiconductor supplies to Huawei have been targeted by Washington as part of the broader U.S.-China trade war.Fuse | Getty ImagesSMIC, China's biggest chipmaker, kicked off a major 46.28 billion yuan ($ 6.6 billion) share sale…