Bloomberg Microsoft Corp. and video-game chat company Discord Inc. have ended takeover talks after Discord rejected a $12 billion bid, according to people familiar with the matter. Discord is now focused on a potential public listing in the long term, the people said, asking not to be identified because the deliberations are private. Twitter Inc also expressed interest in buying ...

Bloomberg Mitsubishi Motors Corp will cut production by as many as 16,000 cars globally next month due to the chip shortage, according to a company spokesperson, latest automaker to succumb to the malaise that’s gripped the world’s automobile industry. The Japanese automaker produced 90,745 units globally in January and 88,754 cars in February, according to its website, so that trim ...

Abu Dhabi / WAM Zakat Fund has signed a strategic Memorundum of Understanding (MoU) with the Ministry of Foreign Affairs and International Cooperation (MoFAIC), to improve services rendered to UAE nationals overseas. The agreement, signed by Abdullah bin Aqeedah Al Muhairi, Secretary-General of the Zakat Fund, and Khalid Abdullah Belhoul, Undersecretary of MoFAIC, embodies the directives of the UAE visionary ...