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Nvidia preparing to walk away from Arm acquisition

Nvidia Corporation is preparing to abandon its purchase of Arm Ltd from SoftBank Group Corporation after offering about $40 billion for the British company in 2020, Blo

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Microsoft in talks to buy AI firm Nuance Communications

NEW YORK, NY - MARCH 13: A signage of Microsoft is seen on March 13, 2020 in New York City. Co-founder and former CEO of Microsoft Bill Gates steps down from Microsoft board to spend more time on

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Foreign investments in Israel from offset deals hit record high

JERUSALEM, Feb. 9 (Xinhua) -- Foreign investments in Israel, as a result of offset agreements, reached a record of 4.28 billion U.S. dollars in 2020, according to an annual report issued by the state

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S. Korea's foreign exchange trading falls 5.3 pct in 2020

SEOUL, Jan. 28 (Xinhua) -- South Korea's foreign exchange trading fell in single digits last year as demand weakened for foreign exchange derivatives amid a relative stability in the won/dollar excha

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China's coal production, imports expand in 2020

BEIJING, Jan. 24 (Xinhua) -- China's raw coal output expanded by 0.9 percent year on year in 2020, while its coal imports increased 1.5 percent, data from the National Bureau of Statistics (NBS) show

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China Taiyuan coal transaction price index up 0.68 pct

TAIYUAN, Jan. 18 (Xinhua) -- China Taiyuan coal transaction price index stood at 141.47 points Monday, up 0.68 percent week on week. The index, released by China Taiyuan Coal Transaction Center (CTCT

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Visa, Plaid call off $5.3-bln deal

A visa logo is seen at an exhibition in Shanghai, China. /CFP Visa Inc. and financial technology company Plaid Inc. said on Tuesday that they would terminate their $5.3-billion merger agreemen

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