Morten Wierod

Norwegian businessperson and engineer

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Photo: Markus Bertschi / Severin Jakob, CC BY-SA 4.0 (Wikimedia Commons, cropped)

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30m ago
China bars SoftBank from buying ABB's robotics unit in China, deal in doubt
Beijing has blocked SoftBank's purchase of ABB's robotics business in China, putting in doubt a deal worth around $5.4 billion agreed in October 2025. ABB says talks with SoftBank continue and that the group has not yet set out next steps.