Recent Posts

Japan spring wage talks likely to disappoint as firms push back

Bloomberg Japan Inc. is pushing back after years of pressure to give bigger pay raises that has been a key part of Prime Minister Shinzo Abe’s campaign to restore stable economic growth. While wages have never reached the level sought by Abe, the results from annual wage talks to be released later this week are expected to show even smaller ...

Read More »

Nissan, Renault, Mitsubishi to adopt one board for alliance

Bloomberg Nissan Motor Co., Renault SA and Mitsubishi Motors Corp. plan to form a single board that will oversee their alliance’s governance and operations, according to people familiar with the matter, as the automakers try to streamline their decision making following the arrest of Carlos Ghosn. The group will replace two separate Amsterdam-based alliance entities, Renault-Nissan BV and Nissan-Mitsubishi BV, ...

Read More »

Nvidia to buy Mellanox for $6.9bn in data center push

Bloomberg Nvidia Corp. agreed to buy chipmaker Mellanox Technologies Ltd. for $6.9 billion, gaining expertise to help it push into the growing market for data center components. Santa Clara, California-based Nvidia is paying $125 a share in cash for the company, which makes chips used to speed the flow of information across computer servers. That’s a 14 percent premium to ...

Read More »
Send this to a friend