Semiconductor Manufacturing International Corp (SMIC) said Chairman Gao Yonggang has resigned, marking the latest board level departure from China's largest chipmaker in recent years as it battles U.S. pressure.
Ethiopian state-owned telecoms company Ethio Telecom's profit more than doubled in its latest financial year to about 18.8 billion birr ($344 million), as revenue and subscriber numbers also rose, its chief executive said on Tuesday.
India's second-largest software services exporter Infosys said on Monday it has signed a deal with an existing client to provide artificial intelligence (AI) and automation services that will span over five years, with a target spend estimated at $2 billion.
Softbank-backed Neumora Therapeutics' experimental drug navacaprant has helped reduce symptoms of depression in patients with moderate-to-severe forms of the disorder in a mid-stage trial, the company said on Tuesday.