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Brazil lists BYD unit over labour violations in Bahia

The latest update to the register refers to 163 workers who labour inspectors said were “rescued” in December 2024 from a construction site in the north-eastern state.

Latest news

Telefónica to sell Mexico unit for $450m

The Spanish telecommunications group will divest its entire stake in Pegaso PCS and Celular de Telefonía (collectively Telefónica Mexico) via subsidiary Telefónica Hispanoamerica.

ING ends agreement to sell Russian business

ING is considering alternative routes to exit Russia after ending the deal over unmet approval requirements.

New Zealand resumes development funding of Cook Islands after signing defence and security pact

The agreement sets out commitments from the Cook Islands to consult New Zealand in good faith on defence and security matters.

Amazon’s Bahrain cloud centre hit in Iran strike, reports say

The strike on the Bahrain facility follows earlier AWS disruptions due to drone and missile attacks across the region.

Intel agrees $14.2bn buyback of chip fab JV stake in Ireland

The deal gives Intel full ownership of Fab 34 and will be financed with cash and new debt.

ENGIE to expand European BESS portfolio with projects in Spain and France

ENGIE’s BESS developments form part of its objective to reach 95GW of renewable and storage capacity by 2030.

Blackstone and Tinicum to acquire Senior in £1.39bn deal

The transaction will be carried out through Zeus UK Bidco Limited, a newly established entity controlled by funds advised by the two investors.