Responding to reports of delayed payments to the unit from developers, including the troubled Evergrande, Centaline Property said that its mainland China unit is due a sizable sum of unpaid commissions and that as a result, it is unable to pay staff their commissions.   The announcement by...

An offer to purchase BlackBerry Ltd. has been made by the private equity firm Veritas Capital, according to reports quoting information from sources with knowledge of the situation, months after the Canadian technology company started a strategic review.   BlackBerry's publicly traded shares...

In a deal that, according to persons familiar with the situation, could value the American sandwich company at up to $9.55 billion, including debt, subject to targets in its financial performance, private equity firm Roark Capital agreed to purchase Subway on Thursday.   The agreement marks...

After Nvidia anticipated quarterly sales that shattered expectations and announced a $25 billion buyback, the company's shares increased by 8.5% in premarket trade on Thursday, boosting tech equities globally.   The findings, which were announced late on Wednesday, were fueled by a...

The impending IPO of semiconductor technology company Arm Holdings Ltd is expected to be powerful medicine for the issues plaguing the U.S. IPO market and give owner Softbank Group Corp. a boost.   But there is one issue. For access to China's huge smartphone market, Arm depends on a company...

Following Reuters' story that South Korea's Star Group Industrial intends to construct a factory in Vietnam, VinFast's shares increased by more than twofold on Tuesday, reaching their highest level since the Vietnamese electric vehicle manufacturer's explosive Wall Street debut.   VinFast's...

The chip designer Arm Holdings, which is funded by SoftBank Group, stated in its application for a U.S. initial public offering (IPO) that is anticipated to be the largest listing of the year that its annual revenue fell 1% as a result of a slowdown in smartphone sales.   Its IPO is...

Activision Blizzard, the company behind "Call of Duty," will transfer its streaming rights to Ubisoft Entertainment in a new bid to obtain the British anti-trust regulator's blessing for its $69 billion sale to Microsoft.   Early in 2022, Microsoft announced the largest gaming contract in...

Elon Musk, the owner of social media platform X, formerly known as Twitter, announced on Friday that the firm would get rid of a security feature that allowed users to block other accounts. This is yet another contentious change for the business he acquired last year.   A user of X can...

According to three sources with knowledge of the situation on Wednesday, ArcelorMittal SA, the second-largest steel producer in the world, is evaluating a possible acquisition bid for U.S. Steel Corp.   By joining forces, ArcelorMittal would return to the United States as a manufacturing hub...

China's Lenovo Group, which produces personal computers, reported a worse-than-anticipated 24% decline in revenue for the April-June quarter on Thursday.   It follows Lenovo's announcement of a 14% loss in annual earnings for the year that ended in March, the company's first annual decline...