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Thursday, November 27, 2025
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South Korea’s LG Electronics raises $800 million dollar bond, term sheet shows

By Scott Murdoch and Joyce Lee SYDNEY (Reuters) -South Korea's LG Electronics has raised $800 million through a dollar bond deal, according to a term sheet reviewed by Reuters. A 3-year bond raised

Jabil places CEO Wilson on paid leave amid investigation

(Reuters) - Jabil Inc has placed Chief Executive Officer Kenneth Wilson on a paid leave since April 15 pending completion of an investigation related to corporate policies, the electronic components

Google consolidates its DeepMind and Research teams amid AI push

(Reuters) - Alphabet-owned Google said on Thursday it would consolidate teams that focus on building artificial intelligence models across its Research and DeepMind divisions in its latest push to

Exclusive-Bentley Systems explores options amid takeover interest, sources say

By Milana Vinn and Anirban Sen (Reuters) -Bentley Systems, an engineering software company with a market value of nearly $16 billion, is exploring options that include a sale after attracting

US Congress moves ahead on bill to push TikTok’s Chinese owner to sell

By Moira Warburton WASHINGTON (Reuters) - An effort to force TikTok's Chinese owner, ByteDance, to sell the social media app or face a ban in the U.S. was gaining steam in Congress on Thursday, with

EU backs competitiveness push, but divisions persist

By Philip Blenkinsop and Nette Noestlinger BRUSSELS (Reuters) -European Union leaders agreed to reforms on nine fronts on Thursday to revitalise the bloc's economy and help it catch the United States

US imposes new curbs on Iran’s access to ‘low-level’ tech after attack on Israel

By Karen Freifeld WASHINGTON (Reuters) - The U.S. is further restricting Iran's access to "low-level technology," in response to Iran's April 13 attack on Israel and its military support for Russia,

US power, tech companies lament snags in meeting AI energy needs

By Laila Kearney NEW YORK (Reuters) - U.S. electrical systems are not expanding fast enough to meet rapidly growing power needs of technology like Generative AI, prompting data center businesses to

Exclusive-Northrop Grumman working with Musk’s SpaceX on U.S. spy satellite system

By Joey Roulette and Marisa Taylor WASHINGTON (Reuters) - Aerospace and defense company Northrop Grumman is working with SpaceX, the space venture of billionaire entrepreneur Elon Musk, on a

TSMC estimates losses of $92.4 million due to Taiwan earthquake

BEIJING (Reuters) - Taiwan chipmaker TSMC said the biggest earthquake in at least 25 years that struck the island on April 3 caused estimated losses of T$3 billion ($92.44 million) to the company in

On Camera

Is Bangladesh ready for ‘developed country’ status? It’s all optics for Sheikh Hasina

The graduation is meant to bolster the legacy and legitimacy of Sheikh Hasina's Awami League, even as the real-world preparedness lagged behind the glossy narrative.

Chhattisgarh pitches state as hub for ‘specialty steel’, nets investment plans of Rs 6,321 crore

Speaking at 2nd Investor Connect, CM Vishnu Deo Sai says 'we have been able to attract a lot of investors.' The focus of the event was the steel sector. 

Asim Munir set to take charge as overall commander of Pakistan military, most powerful Army chief ever

In largest overhaul of military command in 5 decades, Field Marshal Asim Munir set to assume post of Chief of Defence Forces tomorrow, as Army claims primacy in Pakistan armed forces.

A tribute to Tejas. India’s delay culture is the real enemy in the skies

It is a brilliant, reasonably priced, and mostly homemade aircraft with a stellar safety record; only two crashes in 24 years since its first flight. But its crash is a moment of introspection.