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Grab Holdings is set to announce as early as Tuesday a merger with U.S.-based Altimeter that will value Grab at nearly $40 billion and lead to a public listing. The merger will make it the biggest blank-check company deal ever. Southeast Asia’s largest…
Southeast Asia’s biggest ride-hailing and food delivery firm Grab Holdings agreed a merger on Tuesday with US-based Altimeter Growth Corp in a deal that values Grab at an initial proforma equity value of about US$39.6 billion and will lead to a public listing…
Voltswagen! Yes, that will be the name of German auto giant Volkswagen’s operations in the United States of America. The official brand name has changed from Volkswagen of America to ‘Voltswagen of America’ and clearly emphasizes the brand’s electric…
Vietnam Airlines is awaiting approval from the U.S. government to launch regular direct flights to the country to serve repatriation needs of the Vietnamese community. A representative of the national flag carrier told VnExpress that a large number of…
In May 2019, the U.S. placed Huawei on the Entity List. Not only did this ban Huawei from accessing its U.S. supply chain, it also banned Huawei from using Google’s Android apps on Huawei handsets. Not that this really mattered since many of these apps such…
Royal Enfield North America has announced that the brand has renewed its partnership with Progressive American Flat Track for the 2021 season. Under the partnership, Royal Enfield North America will be an official OEM partner with Progressive American Flat…
Last week we told you that starting on March 31st, Android phones uncertified by Google, including those made by Huawei, will no longer have access to the Google Messages app. While not too many Android handsets are uncertified by Google, Huawei’s newer…
Just five days before the official inauguration of President Joe Biden, the Trump administration is making a late push to ban more Chinese companies deemed risky, including smartphone maker Xiaomi and state-owned oil firm CNOOC. Xiaomi was one of nine firms…
Just weeks before the end of the current U.S. administration, authorities are reportedly discussing the expansion of a blacklist of companies linked to China’s military with the inclusion of major tech giants, Alibaba and Tencent. Discussions considering the…
The U.S. has made a preliminary determination that most Vietnamese tire exporters did not dump products in the U.S. and not subjected them to anti-dumping duties. Six producers and exporters of passenger vehicle tires from Vietnam, who account for over 95…
American luxury fashion brand Cole Haan has launched its concept store in Tokyo at Grandshop – Cat Street, Harajuku. The flagship houses a selection of footwear and lifestyle products, including the exclusive GrandPro Rally Court Sneakers range in…
Cybersecurity firm Bkav has exported its first batch of security cameras to the U.S., furthering its ambition to become a top-five camera manufacturer worldwide. Its AI View security cameras will be installed at the headquarters of technology giant Qualcomm…
The U.S. has imported double the quantity of Vietnamese mangoes in Jan-August 2020, showing potential for further growth in this market. The value of mango imports rose 99.9 percent year-on-year to $2.79 million, according to a report by the Agency of Foreign…
Over the years we have knocked Apple for its failure to make Siri as good and accurate a digital helper as Google Assistant is. Siri has been known to make the occasional blunder. For example, let’s say that last weekend you had forgotten when Election Day…
You might remember that back in May, we told you about Huawei’s plan to work around the manufacturer’s inclusion on the U.S. Commerce Department’s Entity List. The U.S. put the company on this list because it considers the firm to be a national security…
a U.S. judge said today that he will hold a hearing on November 4th-the day after election day-to decide whether the U.S. government can ban transactions with TikTok. The popular short-form video app is owned by ByteDance, a Chinese manufacturer that the…
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