IBM plots US$730M expansion of Canadian semiconductor site
International Business Machines Corp. will expand its Canadian semiconductor packaging and testing plant with more than C$1 billion ($730 million) in investments over the next five years.
International Business Machines Corp. will expand its Canadian semiconductor packaging and testing plant with more than C$1 billion ($730 million) in investments over the next five years.
Exxon Mobil Corp. plunged the most in six months after higher-than-expected maintenance costs diminished oil-refining results.
Atlassian Corp. Co-Chief Executive Officer Scott Farquhar is stepping down from the Australian software company he helped start more than two decades ago, a surprise move that rattled investors.
Elliott Investment Management has built a roughly $1 billion stake in Anglo American Plc while betting against the stock of BHP Group Ltd., the Australian miner that’s made an unsolicited takeover approach to Anglo American.
The Federal Reserve’s preferred gauge of underlying US inflation rose at a brisk pace in March, reinforcing concerns of persistent price pressures that are likely to delay any interest-rate cuts.
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