(Reuters) – Intel Corp said it may invest up to $5.5 billion in manufacturing semiconductors in China, stepping up efforts to improve ties with Beijing as it seeks new revenue streams while demand for its core computer processing chips falters. The U.S. firm said it would convert a facility in Dalian, its first plant in China, for memory chip production.
Read moreDUBAI (Reuters) – Saudi Arabia's Kingdom Holding has paid $50 million to double its stake in microblogging site Twitter Inc, the Riyadh-based company said on Wednesday. Kingdom Holding, the investment firm owned by billionaire Prince Alwaleed bin Talal, now owns 0.72 percent of Twitter, having originally invested $50 million in the tech company in 2011
Read moreBy J.R. Wu TAIPEI (Reuters) – Taiwan has ordered Alibaba Group Holding Ltd to withdraw from the country within six months because the online retailer had violated investment rules required for a Chinese company, an economics ministry official said on Monday.
Read moreBy Alwyn Scott NEW YORK (Reuters) – Honeywell International Inc said on Monday it has teamed up with satellite internet startup OneWeb Ltd to expand the high-speed data services it offers to aircraft.
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