Tokyo-listed shares of SoftBank Group (OTC:SFTBY) (OTC:SFTBF) jumped as much as 13% after the Japanese giant agreed to acquire Swiss engineering firm ABB‘s (OTC:ABBNY) Robotics unit in a deal valued ...

Japanese conglomerate SoftBank said on Wednesday that it agreed to buy the robotics division of the Swiss-based engineering company ABB for $5.4 billion, in a push to strengthen its artificial ...

Oil prices fell back after Israel and Hamas agreed Wednesday to pause fighting in Gaza so that the remaining hostages there can be freed in the coming days in exchange for Palestinian prisoners.

SoftBank is paying $5.4 billion for the automation business, aiming to launch a combination of “technology and talent … to fuse Artificial Super Intelligence and robotics ...

Asian stocks ended mostly higher on Thursday, buoyed by gains in chipmaking and technology shares amid renewed optimism around artificial intelligence.

ABB ( OTCPK:ABBNY) is signaling that it has the balance sheet strength and ambition to pursue acquisitions following the surprise decision to divest its robotics division to Japan’s SoftBank Group for ...

LONDON — HSBC's London-listed shares tumbled 6% when the markets opened on Thursday after a privatization bid for its Hong Kong–based subsidiary Hang Seng Bank. The pan-European Stoxx dipped 0.3% as ...

Högg Liftsysteme AG, a Swiss lift systems manufacturer with over three decades of experience, addresses the increasing global demand for accessible building solutions through its comprehensive range ...

In a bold leap toward its artificial superintelligence dream, SoftBank Group Corp. announced Wednesday that it will acquire the robotics division of Swedish-Swiss engineering giant ABB Ltd. for $5.375 ...