New york: US ride-hailing and delivery company Uber announced a cash offer to acquire German food delivery platform Delivery Hero in a deal valuing the company at $14.8 billion. Uber is offering £41.50 ($47.60) per share, valuing the transaction at $1…
Taipei: Taiwan Semiconductor Manufacturing Company (TSMC) said Thursday its second-quarter net profit surged more than 77% from a year earlier as strong demand for artificial intelligence chips drove record earnings. The world’s largest contract chipm…
London: The UK government on Thursday nationalized Chinese-owned British Steel, saying the move was necessary to secure the future of steel production in the country. The government took operational control of British Steel in April last year after it…