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CK Hutchison eyes Chinese bidding partner for $22.8 billion port sale Jul 27, 2025 08:19PM

HONG KONG (Reuters) -CK Hutchison said on Monday it wants a major Chinese strategic investor to join the consortium bidding for its $22.8 billion ports business, after media reports that state-owned China COSCO Shipping Corp may join the group.

In a statement, CK Hutchison said changes to the consortium's composition and the structure of the transaction will be necessary for the deal to secure regulatory approvals, and that it will allow as much time as... (continue reading...)


Rubio says US officials are in Malaysia to help in Cambodia-Thailand talks Jul 27, 2025 08:08PM

WASHINGTON (Reuters) -U.S. Secretary of State Marco Rubio said State Department officials were in Malaysia to assist peace efforts as Cambodia and Thailand were scheduled to begin talks there on Monday in hopes for a ceasefire.

President Donald Trump and Rubio were engaged with their counterparts for each country and were monitoring the situation very closely, Rubio said in a statement released by the State Department late on Sunday in the U.S.

... (continue reading...)
Samsung Elec signs $16.5 billion contract to supply semiconductors Jul 27, 2025 08:00PM

SEOUL (Reuters) -Samsung Electronics said on Monday it has signed a contract valued at $16.5 billion to supply semiconductors to a major global corporation.

The world's biggest memory chipmaker said in the regulatory filing the deal signed on Saturday was for contract chip manufacturing and said details of the agreement including the counterpart and terms would not be disclosed until the end of 2033.

Samsung Electronics declined to comment... (continue reading...)


WiseTech Global insider Zubin Appoo succeeds Richard White as permanent CEO Jul 27, 2025 06:49PM

(Reuters) -Australian logistics software maker WiseTech Global on Monday said it named its chief of staff, Zubin Appoo, as permanent chief executive, to succeed billionaire co-founder Richard White.

Appoo's appointment is effective immediately.

White, the company's long-serving chief executive, stepped down last October, following media reports of allegations about his personal life, pushing WiseTech into a tumultuous period of corporate... (continue reading...)


Man arrested at US Treasury building after climbing gate, agency says Jul 27, 2025 06:26PM

By Joseph Tanfani

(Reuters) -The U.S. Secret Service arrested a man after he climbed a gate at the U.S. Treasury building in Washington on Sunday at about 2:30 p.m., the agency said in statement.

Traffic in the area was blocked off as Washington's Metropolitan Police Department’s bomb squad, “out of an abundance of caution,” examined a bag the man had left on the sidewalk outside the fence, according to the statement from a Secret Service... (continue reading...)


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