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TOKYO: SoftBank Group Corp said it has terminated a US$3bil tender offer for additional WeWork shares agreed last year with shareholders, drawing threats of legal action and plunging the floundering office space company further into crisis.
THE Covid-19 pandemic is sweeping across the world at breakneck speed, impacting not just global financial markets and businesses but disrupting just about every aspect of our daily lives.
SEOUL, South Korea (Reuters) - Last year, South Korean biotech firm SolGent made diagnostic kits for 300,000 tests. Today, it is churning out more than that in a week, and production will further rise to 400,000 coronavirus tests next week.
HONG KONG: A Chinese maker of medicines and health supplements that recently added surgical masks and other “anti-epidemic” products to its portfolio launched a Hong Kong initial public offering on Thursday.
Megvii makes deep learning AI framework open-source as China moves to reduce reliance on US platforms
Initially developed in 2014, MegEngine is part of Megvii’s proprietary AI platform, Brain++. China’s reliance on US-originated deep learning frameworks is seen as a significant gap in its AI ecosystem.
LONDON/NEW YORK (Reuters) - Cyclists deprived of their weekend ride out with friends and fitness fanatics who can't get to the gym are turning to online cycling workouts to help them stay in shape during the coronavirus shutdown.
BANGKOK: Thai Life Insurance Pcl has requested pitches from banks for an initial public offering (IPO) that could raise as much as US$700mil on the stock exchange of South-East Asia’s second-biggest economy, according to people with knowledge of the matter.
IT is obvious that in the new norm of social distancing, technology firms that enable us to do things remotely are having a field day.
KUALA LUMPUR: ACO Group, which made its debut on the ACE Market of Bursa Malaysia yesterday, says its immediate focus is on executing its expansion plans to tap into the growth opportunities in the power and construction industries.
KUALA LUMPUR: ACO Group Bhd, which made its debut on the ACE Market of Bursa Malaysia on Wednesday, says it remains focused on its expansion plans to tap into growth opportunities ahead.