[ad_1] Alibaba says US chip curbs have created uncertainties Also pauses Freshippo IPO Starts external fundraising for overseas digital commerce arm CEO lays out future development strategy Reports Q2 revenue…
Tag: Scraps
Alibaba scraps cloud business spin-off citing US chip curbs
[ad_1] By Casey Hall and Akash Sriram (Reuters) -Alibaba Group has scrapped plans to spin-off its cloud business, citing uncertainties created by U.S. export curbs on chips used in artificial…
Dutch government scraps plan to cap flights at Schiphol next year
[ad_1] A general view of Schiphol Airport in Amsterdam, Netherlands June 16, 2022. REUTERS/Piroschka van de Wouw/File Photo Acquire Licensing Rights AMSTERDAM, Nov 14 (Reuters) – Facing pressure from the…
Google scraps $15 billion deal with lead developer of Silicon Valley campus projects
[ad_1] Google has ended its agreement with Lendlease, the lead developer it had been working with on four major campus projects in Silicon Valley. In an announcement published earlier on…
Orsted Scraps 2 Offshore Wind Power Projects in New Jersey, Citing Supply Chain Issues
[ad_1] ATLANTIC CITY, N.J. (AP) — Danish energy developer Orsted said Tuesday night it is scrapping two large offshore wind power projects off the coast of New Jersey, adding uncertainty…
T-Mobile Scraps Plan to Push Some Wireless Customers to Pricier Services
[ad_1] Updated Oct. 25, 2023 1:36 pm ET T-Mobile US said it is scrapping a program that would have forced some customers into more expensive wireless plans after the proposed…
GM Posts Strong Third-Quarter Profit, Scraps EV Target
[ad_1] Updated Oct. 24, 2023 8:36 am ET General Motors is abandoning a self-imposed target for the number of electric vehicles it aims to produce through the middle of next…
BermudAir Scraps Business Class Only Strategy
[ad_1] Summary BermudAir will adjust its cabins to include economy seating on its Embraer E175 fleet in response to demand and guest feedback. The airline initially planned to launch with…
Denmark scraps public holiday to finance higher defence spending
[ad_1] COPENHAGEN, Feb 28 (Reuters) – Denmark’s parliament on Tuesday passed a much-debated bill put forward by the new government to scrap a public holiday to help finance increased defence…