Nippon Steel and US Steel attempt to save takeover bid with letter to Biden
Nippon Steel and US Steel sent President Joe Biden a letter on September 8th in a last-ditch attempt to save …
Post
-
-
DXC Technology expands its AI and cloud adoption services in Spain
DXC Technology (DXC), a US-based technology services provider, has launched its new Centre of Excellence in Zaragoza, Spain. The centre …
-
IMF predicts Uganda’s oil production will explode growth
After a nearly twenty-year wait, Uganda is set to start commercial crude oil production. In a recent report, the International …
-
China warns on overseas car plants
China's commerce ministry reportedly warned the country's carmakers of the risks of making auto related investments overseas at a recent …
-
Post Covid, China is no longer the “undisputed leader” in attracting FDI
The risks of investing in China are outweighing the benefits, according to the European Business in China Position Paper 2024/2025. EU …
-
VPI to invest €450m in German battery storage projects
Energy company VPI will invest up to €450m ($496m) in battery storage projects in Germany, the company’s chief executive told …
-
Japan’s JERA considers investing in gas-fired power plant in Vietnam
Japan's power utility JERA is considering an investment in a natural gas-fired power plant in Vietnam, Reuters has reported. The initiative …
-
Floating wind: How to ensure the momentum continues
Floating wind energy has considerable untapped potential, but obstacles must be overcome to fulfil the promise of an industry still …
-
Stellantis expands EV footprint in Michigan
Netherlands-based automotive company Stellantis has announced plans to invest around $406m across three facilities in Michigan, US. The recipients of this …
-
Asia-Pacific hotbed for AI and cloud investments – GlobalData
The Asia-Pacific (APAC) region is rapidly emerging as a global AI powerhouse, with strategic investments fuelling its ascent. Leading tech companies …
-
Modi targets $500bn electronics sector in India
India's electronics market, currently worth $115bn, could balloon in value if Prime Minister Narendra Modi reaches his goal of creating …
-
Mexican protesters break into Senate trying to halt judicial overhaul
Protesters stormed into the Mexican Senate while it was deliberating on the ruling party's controversial plan to overhaul the country's …
-
AWS plans £8bn investment to boost cloud infrastructure in the UK
US-based Amazon Web Services (AWS) has announced plans to invest £8bn ($10.5bn) to expand its cloud computing infrastructure in the UK. The …
-
Impact of increasing labour costs on apparel supply chains
The traditional model of global sourcing is predicated on low input costs. Indeed, to obtain the lowest possible production costs, …
-
Volkswagen scraps job guarantees in Germany
Volkswagen Group has said it is scrapping labour agreements in Germany in a move that could pave the way for …
