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FILE PHOTO: Saudi Arabia's Crown Prince Mohammed Bin Salman attends the...

Relax and invest, Saudi prince tells investors

RIYADH/DUBAI - Three months after Saudi Arabia detained scores of people in a crackdown on corruption, its rulers are trying to reassure investors that the kingdom remains open for business.

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Qualcomm gets hedge fund nod with raised offer for NXP

U.S. chipmaker Qualcomm Inc raised its offer to buy NXP Semiconductors NV to $127.50 per share on Tuesday, and said it has the backing of the shareholder group led by hedge fund Elliott Management that opposed its previous proposal.

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