An effort by Europe to stand up to China and retain local technology is approaching a breaking point. In a fight over a critical link in the global supply chain, chipmaker Nexperia BV was wrested away from its Chinese owner by a Dutch court and now one of the leaders in so-called legacy chips is racing to defend its independence. If the Nijmegen-based company is successful, Europe would hold on to...
An effort by Europe to stand up to China and retain local technology is approaching a breaking point. In a fight over a critical link in the global supply chain, chipmaker Nexperia BV was wrested away from its Chinese owner by a Dutch court and now one of the leaders in so-called legacy chips is racing to defend its independence. If the Nijmegen-based company is successful, Europe would hold on to valuable semiconductor manufacturing expertise and hand the region a rare victory over China. By pushing back over Nexperia, Europe aims to “set a precedent for what ‘de-risking’ means,” said Benedetta Girardi, program coordinator at the Hague Centre for Strategic Studies, referring to Europe’s objective of reducing dependencies on China. The intention is to show that Europe “wants sovereignty and autonomy as part of the conversation” over tech, even as it seeks to maintain trade relations with a key partner. Since a Dutch court intervened in Nexperia’s ownership in October, the standoff has threatened to disrupt auto production in Europe and around the world. On one side, there’s the core of the company, which is in the hands of court-appointed trustees in the Netherlands; the other side is a key production site that’s aligned with dispossessed owner Wingtech Technology Co. — an electronics firm that’s 30%-owned by entities close to the Chinese state. As Nexperia seeks to expand non-Chinese production capacity, Wingtech has stepped up efforts to regain control over the chipmaker it’s owned since 2019. It has initiated talks with the court-appointed trustees to try to settle the dispute, while also appealing to the Dutch supreme court over the suspension of its ownership rights. A court hearing on Wednesday will determine whether there’s a quick resolution or a drawn-out legal tussle. The Amsterdam court could order an investigation into the chipmaker if it sees reasons to doubt how Nexperia was managed. On the flipside, the measures taken against Wingtech’s ownership of N...
Presented by NetSuite Most companies racing from startup to an industry leader face a choice: limp along with scrappy early systems or endure a costly platform migration. DoorDash did neither. The local-commerce giant scaled from its 2013 founding through IPO and global expansion — acquiring the Helsiniki-based technology company Wolt in 2022 and UK-based Deliveroo in 2025 — while keeping its orig...
Presented by NetSuite Most companies racing from startup to an industry leader face a choice: limp along with scrappy early systems or endure a costly platform migration. DoorDash did neither. The local-commerce giant scaled from its 2013 founding through IPO and global expansion — acquiring the Helsiniki-based technology company Wolt in 2022 and UK-based Deliveroo in 2025 — while keeping its original Oracle NetSuite business system. Today, it serves over 50 million consumers in more than 40 countries.* Chief Accounting Officer Gordon Lee says the secret is building a scalable ecosystem that allows teams to use tools that work best for them. Choosing flexibility over uniformity When DoorDash selected NetSuite as its corporate financial control center, it wasn't looking for a system to enforce uniformity. It sought a scalable platform that could connect all its systems, from ERP, CRM, HR, sourcing, and more. "Our philosophy has been to create a platform that allows our customers and business partners to use whatever tools work best for them," Lee says. "When we're managing growth, the majority of the conversation is about managing expectations — what people expect when you grow from A to B." The migration question Two years after its founding, DoorDash surpassed one million deliveries and expanded into Canada. As the company scaled, Lee faced growing pressure from vendors insisting that rapid growth required a new enterprise platform. He ran the numbers. The move to another platform could cost millions and consume months of his team's focus. Instead, DoorDash stayed with NetSuite, which continued to scale alongside the company’s growth. Built on Oracle Cloud Infrastructure, NetSuite delivers the performance and reliability of an enterprise platform without the cost or disruption of migration. Lee concluded: "Why do I bother to move? I already have the scalability I need from NetSuite." Today, DoorDash’s NetSuite backend provides enterprise-grade security while its fa...
(RTTNews) - Indian shares are down in negative territory Monday morning, extending losses to a sixth straight session, as worries about geopolitical tensions and U.S. tariffs weigh on sentiment.
(RTTNews) - Indian shares are down in negative territory Monday morning, extending losses to a sixth straight session, as worries about geopolitical tensions and U.S. tariffs weigh on sentiment.
To get John Authers’ newsletter delivered directly to your inbox, sign up here . Today’s Points: Powell vows to fight back against Fed prosecution. The US jobs market is still growing (just about). That means another stock market record, and (probably) no more Fed cuts. Key for the next 11 months — Trump really wants to win the midterms . AND: More affordability anthems . Punishing Powell It’s com...
To get John Authers’ newsletter delivered directly to your inbox, sign up here . Today’s Points: Powell vows to fight back against Fed prosecution. The US jobs market is still growing (just about). That means another stock market record, and (probably) no more Fed cuts. Key for the next 11 months — Trump really wants to win the midterms . AND: More affordability anthems . Punishing Powell It’s come to this. Sunday night brought news that the Federal Reserve was being served grand jury subpoenas threatening a criminal indictment, on the basis that Chairman Jerome Powell allegedly misled Congress last year in testimony on the ongoing refurbishment of the central bank’s buildings. It is a bizarre, dangerous and self-wounding approach that cannot help the US or its monetary system. The Fed’s governance isn’t simple, and its independence in its current form raises many valid issues about democratic accountability. But that doesn’t for a second justify using the Department of Justice and the law to bully the institution or a public servant who is about to leave his job in any case. Powell has made several serious errors during almost eight years in office. Leaving rates at zero throughout 2021 as inflation took hold was a policy error for the ages. But that isn’t a justification for pursuing indictment on an unrelated topic — and Powell has, for the first time after months of pressure, come out swinging. His statement Sunday night needs to be viewed in full. The key passage dismisses the refurbishment issue: Those are pretexts. The threat of criminal charges is a consequence of the Federal Reserve setting interest rates based on our best assessment of what will serve the public, rather than following the preferences of the President. This is about whether the Fed will be able to continue to set interest rates based on evidence and economic conditions — or whether instead monetary policy will be directed by political pressure or intimidation. Powell is correct about this. ...
Daisy Ho, Asia & Middle East CEO at HSBC Asset Management, says the bank will offer 10 onshore funds to investors out of its new branch in Dubai after receiving a license from local authorities. She discusses HSBC's commitment in the Middle East with Yvonne Man and David Ingles on "Bloomberg: The China Show." (Source: Bloomberg)
Daisy Ho, Asia & Middle East CEO at HSBC Asset Management, says the bank will offer 10 onshore funds to investors out of its new branch in Dubai after receiving a license from local authorities. She discusses HSBC's commitment in the Middle East with Yvonne Man and David Ingles on "Bloomberg: The China Show." (Source: Bloomberg)
HD Hyundai Robotics Co. has hired banks to work on its South Korea initial public offering at a time when global companies are racing to develop human-like robots . The firm, which is majority-owned by local conglomerate HD Hyundai Co. , is working with UBS Group AG, Korea Investment & Securities Co. and KB Securities Co. on the IPO, it said in an email. HD Hyundai Robotics, which makes robots for...
HD Hyundai Robotics Co. has hired banks to work on its South Korea initial public offering at a time when global companies are racing to develop human-like robots . The firm, which is majority-owned by local conglomerate HD Hyundai Co. , is working with UBS Group AG, Korea Investment & Securities Co. and KB Securities Co. on the IPO, it said in an email. HD Hyundai Robotics, which makes robots for industrial purposes like screw driving and welding, has also set its sights on developing artificial-intelligence humanoid robots. The company isn’t related to Boston Dynamics, which is owned by Hyundai Motor Co. HD Hyundai said in November that it had raised 180 billion won from investors including Korea Development Bank and that they discussed a possible IPO. The investment would be spent primarily to secure core physical AI technology including a robot foundation model, it added. South Korean IPOs raised $3.4 billion in 2025, eclipsing each of the previous two years’ proceeds, according to data compiled by Bloomberg. The nation’s benchmark Kospi gained 76% last year, helped by AI shares and defense stocks.
Lency Gu, Head of Business Development at Haisco Pharmaceutical Group, says the Chinese bio pharmaceutical firm is looking for more partnerships to help its global expansion. The company has announced a new license agreement with US-based AirNexis Therapeutics. Gu explains significance of the deal on "Bloomberg: The China Show." (Source: Bloomberg)
Lency Gu, Head of Business Development at Haisco Pharmaceutical Group, says the Chinese bio pharmaceutical firm is looking for more partnerships to help its global expansion. The company has announced a new license agreement with US-based AirNexis Therapeutics. Gu explains significance of the deal on "Bloomberg: The China Show." (Source: Bloomberg)