STOCKHOLM Reuters TikTok has hired British cybersecurity firm NCC to audit its data controls and protections, and provide independent verification, as part of the social media company39;s data security regime, nicknamed Project Clover. Several government bodies have banned TikTok from staff phones due to growing concerns about the company, which is owned by Chinese firm ByteDance, and […]

LONDONDUBAI Reuters Saudi Arabia39;s STC Group has amassed a 9.9 stake in Telefonica worth 2.1 billion euros 2.25 billion, in a move to become the Spanish telecom giant39;s top shareholder. STC, the kingdom39;s largest telecoms operator, unveiled the investment on Tuesday after market hours. The holding consists of 4.9 of Telefonica39;s shares and financial instruments that give it […]

TAIPEI, Sept 6 Reuters TSMC, the world39;s largest contract chipmaker, will decide this week whether to invest in chip designer Arm Holdings39; blockbuster initial public offering IPO, Chairman Mark Liu said on Wednesday. Speaking on the sidelines of the SEMICON Taiwan summit, Liu said his company was still evaluating the matter and, when pressed on when a […]

ZURICH, Sept 6 Reuters Swiss chocolate maker Barry Callebaut on Wednesday said it would spend 500 million Swiss francs 562.62 million over the next two years as part of a new strategic investment plan. The world39;s biggest chocolate maker said it would also overhaul its structure, increasing its number of regions from three to five while […]

Shares decline more than 2 in morning trade FY adj pretax profit 884.3 mln stg vs market view 882 mln stg Co revises dividend cover ratio to 1.75 times from 2 times Forward sales as at Aug. 27 down 36 from year earlier Sept 6 Reuters Britain39;s largest housebuilder Barratt flagged difficult trading conditions and further […]