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Japan suspends German pork imports after African swine fever case

Japan suspended imports of pork and live pigs from Germany on Friday after a case of African swine fever (ASF) was confirmed in a wild boar in eastern Germany, the agriculture ministry said

SoftBank sells chip designer Arm to Nvidia Corp in $40 billion deal

The deal puts a vital supplier to Apple Inc and others across the industry under the control of a single player and will face potential pushback from regulators and Nvidia rivals

Embattled SoftBank renews talks on taking the group private: Report

The discussions are driven by frustrations over the persistent discount in SoftBank's equity valuation compared with the value of its individual holdings

Singapore watchdog fines Grab S$10,000 for 4th user data privacy violation

Singapore's privacy watchdog fined ride-hailing app Grabcar S$10,000, saying a 2019 update put the data of some users at risk of unauthorised access

Oil companies idle production as US Gulf Coast braces for hurricane

Offshore platforms and one refinery along the US Gulf Coast shut down on Sunday as they prepared for a second hurricane strike in less than a month

Libyan Commander Khalifa Haftar committed to ending oil blockade: US

The statement said the eastern-based Libyan National Army (LNA) had conveyed "the personal commitment of General Haftar to allow the full reopening of the energy sector no later than Sept. 12"

SoftBank nears deal to sell Arm Holdings to Nvidia for over $40 bn: WSJ

SoftBank Group Corp is close to selling British chip designer Arm Holdings to Nvidia Corpfor more than $40 billion, a deal which would create a giant in the chip industry

Canada looks set for a fight over $758 million compensation for Huawei gear

Canada, under pressure from the United States to ban Huawei Technologies Co Ltd gear on security grounds, is studying whether to allow the firm into the country's next-generation 5G networks

China issues new rules to tighten control over financial holding firms

New rules apply to firms with a banking operation & financial assets of over $73 bn

Bringing US economy to its knees, to being a friend: Opec turns 60

Founded in Baghdad on September 14, 1960 to counter the power of seven US and British oil companies, Opec has repeatedly yielded to pressure from Washington

Brexit trade talks have time before contentious UK bill is passed: Ireland

The British government has accused EU negotiators of threatening to impose a food blockade between mainland Britain and Northern Ireland and says the proposed legislation would prevent that

Covid impact: With airline fleets grounded, recyclers bet on parts boom

Canada's Aerocycle is bidding to buy grounded planes for the first time to dismantle and resell for parts, instead of just recycling aircraft

Boeing executives defend safety decisions in development of 737 MAX

Leverkuhn defended the decision to tie a new safety system on the MAX, called MCAS, to a single sensor that has been implicated in both fatal crashes

Gilead nears deal to buy Immunomedics for more than $20 billion: Report

Discussions between Gilead and Immunomedics were initially centered around a partnership before shifting to a full-fledged takeover negotiation

Venezuela's PDVSA confirms oil leak into sea near refinery complex

PDVSA discovered the spill in the Golfete de Coro area in Falcon state during an aerial inspection, a statement from the company said

Oil producers evacuate US Gulf of Mexico platforms as tropical storm brews

Chevron Corp and Murphy Oil Corp on Saturday started removing workers from offshore oil and gas platforms

Nvidia nears deal to buy chip designer Arm for more than $40 bn: Report

Nvidia is known for its graphics chips that power video games, but it has developed other markets including artificial intelligence, self-driving cars and data centers

Gilead nears deal to buy Immunomedics for more than $20 bn: WSJ report

Gilead Sciences Inc is said to be nearing a deal to buy biopharmaceutical company Immunomedics Incfor more than $20 billion in a deal that would further expand Gilead's portfolio of cancer treatments

China would rather see TikTok US close than a forced sale by ByteDance

Trump has given ByteDance a deadline of mid September to finalise a deal

AstraZeneca resumes Oxford Covid vaccine trial after UK green signal

The late-stage trials of the experimental vaccine, one of the most advanced in development, were suspended this week after an illness in a study subject in Britain