Business Asia

Business Asia
8932 posts

US, Canada plan North American chip corridor, starting with IBM expansion

The United States and Canada said on Friday they would work together to create a bilateral semiconductor manufacturing corridor, as International Business Machines signaled its intent to expand in Canada.The news came as U.S. President Joe Biden, who is visiting...


Owner puts heavy-lift giant Mammoet up for sale

Owner puts heavy-lift giant Mammoet up for sale Dutch conglomerate SHV’s planned divestment of Mammoet, the world’s largest heavy-lift and engineered transport company, could have a “very important impact” on the sector, according to one consultant. READ SOURCE...


The fallout from the banking turmoil

It has been a frantic two weeks. The collapse of Silicon Valley Bank on March 10 sparked a domino effect that toppled another regional US lender, Signature Bank, spooked global markets, and led to the emergency takeover of Credit Suisse...

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