Meta faces potential daily fines from EU
Meta Platforms is at risk of accruing daily fines if adjustments to its pay-or-consent model fail to align with European …
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FDI in Africa in decline, with regional and sectoral divides – report
Foreign direct investment (FDI) to Africa experienced its sharpest decline in years in Q1 2025, according to GlobalData's Strategic Intelligence: …
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LTTS opens new engineering design centre in Plano
L&T Technology Services (LTTS), part of the Indian conglomerate Larsen & Toubro (L&T), has unveiled a new engineering design centre in …
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Amazon expands its presence in India with five new fulfilment centres
Amazon, the American e-commerce giant, announced the opening of its five new fulfilment centres (smart warehouses) in India ahead of …
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Mars “optimistic” as EU starts in-depth probe into Kellanova takeover
Mars yesterday (25 June) said it is “disappointed but optimistic” after the EU launched an in-depth probe of the US …
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CCUS: The biggest challenges and why the solutions are in Alberta
Carbon capture, utilisation and storage (CCUS) is increasingly viewed as an invaluable means to decarbonise heavy industries. Established mechanisms for …
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EU competition chief says tech rules off the table in US trade talks
Amid reports that the EU is considering watering down a signature tech-competition law as part of a tariff deal with …
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Benteler starts construction of new automotive plant in Morocco
German automotive supplier Benteler has officially begun construction of its new automotive plant in Kenitra, Morocco. Located in Kenitra’s Atlantic …
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CMA proposes strategic market status for Google in UK
The Competition and Markets Authority (CMA) has proposed granting Google “strategic market status” (SMS) in the UK’s general search and …
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Japan seals offshore wind deal with Siemens Gamesa
Japan has announced a new cooperative framework with Spanish-German energy company Siemens Gamesa Renewable Energy to enhance the country’s offshore …
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Synnex Australia unveils new ANZ headquarters in Melbourne
Synnex Australia, part of Taiwanese information technology (IT) provider Synnex Group, has inaugurated its new Australia and New Zealand (ANZ) …
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Amazon to invest $53.7bn in UK up to 2027
Amazon will invest £40bn ($53.7bn) in the UK between 2025 and 2027 to construct four new fulfilment centres along with …
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Kyndryl opens new AI Innovation Lab in Singapore
Kyndryl, a US-based provider of essential enterprise technology services, has established its ASEAN Artificial Intelligence (AI) Innovation Lab in Singapore. …
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EU strategies to tap into Mediterranean to redefine Europe’s energy landscape
The energy dynamics in the Mediterranean region are undergoing a transformation, with a focus on the region’s renewables potential to …
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Global FDI falls, but the digital economy continues to grow – report
According to the latest World Investment Report from UNCTAD, global foreign direct investment (FDI) saw an overall increase of 4% …
