(Reuters) – Amazon.com Inc. is in preliminary talks to invest in U.S. cloud service provider Rackspace Technology Inc., people familiar with the discussion said Monday. PHILO PHOTO: Signage seen at an Amazon facility in Bethpage on Long Island, New York, USA, March 17, 2020. REUTERS / Andrew Kelly The deal …
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HONG KONG (Reuters) – The US government is threatening to remove Chinese companies that do not meet US accounting standards, but mainland companies are rushing to offer their shares on New York exchanges, sometimes in blockbuster deals. FILE PHOTO: The 11 Wall St. door of the New York Stock Exchange …
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RIAD (Reuters) – Saudi Arabia’s 84-year-old king, Salman bin Abdulaziz, was admitted to a hospital in the capital, Riyadh, suffering from inflammation of the gallbladder, the state-run SPA news agency said on Monday. The king, who has ruled the world’s largest oil exporter and a close ally of the US …
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BEIJING (Reuters) – China’s Semiconductor Manufacturing International Corp (SMIC) (0981.HK) Will Raise 46.29 Billion Yuan ($ 6.55 Billion) In A Shanghai Stock Sale, More Than Double Its Initial Target, Pricing Its Offering After An Increase In Its Hong Kong Listed Stocks . The company, which had originally tried to raise …
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