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.

Swiss engineering group ABB had announced that it is divesting the robotics business at an enterprise value of $5.375 billion, which it said will create value for shareholders and reflects long-term ...

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.

Oekoboiler Swiss AG, a Swiss manufacturer specializing in energy-efficient water heating systems, continues to advance sustainable hot water technology through its innovative combination of heat pump ...

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 ...