statebacked

:Japanese semiconductor-equipment maker JSR Corp said on Saturday it is considering a deal for it to be bought by state-backed Japan Investment Corp (JIC), a move that would have major implications for Japan's semiconductor strategy.JSR…

Switzerland's Federal Prosecutor has opened an investigation into the state-backed takeover of Credit Suisse by UBS Group, the office of the attorney general said on Sunday.The prosecutor, based in the Swiss capital Bern, is looking into…

HONG KONG : China will soon launch a state-backed platform for transport which includes services of ride-hailing, cargo trucking, road transport, railway, ferry and flight services, Chinese state media Beijing Daily reported on…

China, that is rather infamous for keeping an extremely restrictive approach towards the crypto sector, is taking small steps into exploring the digital assets sector. The country is geared-up to launch an official, state-backed NFT…

While much of Europe Inc. is shrinking state-backed loans from the pandemic, Italian companies are still sitting on mountains of such borrowings, complicating government efforts to help them surmount the latest crisis: soaring energy…

MOSCOW: Russia said on Thursday (Sep 30) that leaks spewing gas into the Baltic Sea from pipelines to Germany appeared to be the result of state-sponsored "terrorism", as an EU official said the incident had fundamentally changed the nature…

DUBAI : State-backed digital bank Wio announced on Tuesday it had launched in the United Arab Emirates and would focus initially on small and medium enterprises (SMEs) while eyeing an eventual public listing.Wio, which calls itself a…

BRUSSELS :EU states and lawmakers on Thursday agreed to rules to put a brake on state-backed foreign firms acquiring EU companies with annual turnover of 500 million euros ($520 million), underlining a more protectionist approach against a…

NEW DELHI: Big crypto exchanges CoinSwitch Kuber and WazirX have disabled rupee deposits for the purchase of cryptocurrency using a widely-used state-backed transfer system, spurring users to voice concern on social media. India has spent…

China has turned out to be the home to some of the world’s most well-known hackers and hacking groups, according to several reports being released over the years. Now, a new threat analysis from cybersecurity firm Mandiant has revealed that…