ABU DHABI / WAM Edge, one of the world’s leading advanced technology and defence groups, has announced that it will conduct a six-month trial on a major public security initiative with the São Paulo State Government. The partnership was announced during a high-level delegation visit by senior government members to Edge Group headquarters in Abu Dhabi. The ‘Proof of Concept’ …

BLOOMBERG Japan’s equities are rapidly recovering the heft they lost to their Chinese peers in the early years of the pandemic as global investors continue to seek alternatives to the world’s second-biggest economy. The gap between the market capitalisation of mainland Chinese stocks and Japanese shares has shrunk to $2.55 trillion, the least since July 2020, data compiled by Bloomberg …

BLOOMBERG Taiwan Semiconductor Manufacturing Co (TSMC) expects a return to solid growth this quarter and gave itself room to raise capital spending in 2024, suggesting the world’s most valuable chipmaker anticipates a recovery in smartphone and computing demand. The main chipmaker to Apple Inc and Nvidia Corp is budgeting capital expenditure of $28 billion to $32 billion — versus about …