Citadel Is Only Global Bidder for Credit Suisse’s China Unit

[ad_1] Citadel Securities LLC has made a non-binding offer for Credit Suisse’s securities venture in China, becoming the only global financial firm to submit a bid, people familiar with the…

Amazon’s Audible unit lays off about 5% of staff

[ad_1] Amazon‘s Audible division is cutting approximately 5% of its staff in an effort to position the unit “for continued success,” the executive overseeing the division told employees Thursday. “We…

Martin Engineering are opening a business unit in Malaysia.

[ad_1]   Published by Jack Roscoe, Editorial Assistant World Fertilizer, Thursday, 01 Jun 23 Martin…

Indian manufacturing unit to be operational by early 2025: Micron

[ad_1] Global memory and data storage major Micron Technology on Thursday said the first phase of its plant in Gujarat’s Sanand will become operational in early 2025. It has already…

Chinese AI firm iFlyTek’s healthcare unit plans Hong Kong listing

[ad_1] Chinese artificial intelligence (AI) company iFlyTek said it plans to spin off its healthcare services subsidiary, iFlyHealth, with a listing in Hong Kong. Shenzhen-listed iFlyTek said the initial size…

Amazon lays off more than 500 employees in its Twitch unit

[ad_1] The layoffs represent the third round of cuts at Twitch in less than a year. Last March, Twitch let go of roughly 400 staffers, and it cut some employees…

Irish unit of asset manager Impax to buy Denmark’s Albason

[ad_1] Albason has about €405m of assets under management and is owned by Denmark’s Formuepleje, one of the country’s largest independent asset managers. Impax has £39.1bn (€45.5bn) of assets under…

China Detains a Top Executive at Evergrande’s Electric-Vehicle Unit

[ad_1] Updated Jan. 8, 2024 5:07 am ET The bad news keeps coming for China Evergrande and its investors.  A top executive of the beleaguered property company’s electric-vehicle business has…

SAIC unveils new business unit structure

[ad_1] SAIC unveils new business unit structure  Washington Technology [ad_2] Source link

Airbus In Talks to Buy Atos Cybersecurity Unit for Up to $2 Billion

[ad_1] Updated Jan. 3, 2024 3:47 am ET Airbus is in talks to buy Atos’s cybersecurity unit, with an indicative offer that values the business at up to 1.8 billion…