Trump considers extending Chevron oil licence in Venezuela
US President Donald Trump's administration is considering extending an April deadline for Chevron to wind down operations in Venezuela after …
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Nestlé downsizes German operations amid rising costs
Nestlé is downsizing its operations in Germany by shutting down one facility and divesting another, impacting approximately 225 employees. In two …
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Lotte builds a cold chain facility in Dong Nai, Vietnam
Lotte Global Logistics, a subsidiary of South Korea's Lotte Group, has launched the construction of a cold chain logistics centre …
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Chinese steelmaker HBIS and Vale sign MOU for steel decarbonisation
Chinese steelmaker HBIS Group has signed a memorandum of understanding (MOU) with Brazilian mining giant Vale to advance decarbonisation within …
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NBIM buys 25% stake in Covent Garden estate
The world's largest sovereign wealth fund, Norway's Norges Bank Investment Management (NBIM), has reached a deal to purchase a 25% …
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Tech interest in South East Asia a “natural outgrowth” of region’s development
The current foreign direct investment boom in South East Asia's tech sector reflects a longer-term trend in the region where …
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Bayer opens $35m maize seed facility in Zambia
German pharmaceutical, biotechnology and crop science company Bayer AG has opened a new maize seed facility in Kabwe, Zambia. Bayer has invested …
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Honda to source hybrid vehicle batteries from Toyota in the US
Japanese automaker Honda Motor Company has agreed to purchase batteries to power its hybrid-electric vehicles made in the US from …
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Accessing Africa’s growth: Mauritius’ strategic relationship with the African continent
Africa's markets are teeming with untapped potential, offering investors access to some of the fastest growing economies and industries in …
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Russian companies would keep “certain advantages” if foreign business returns
Russian officials and President Vladimir Putin are reminding foreign businesses that any return to the Russian market would have strict …
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Does Southeast Asia have the resources to feed the tech boom?
The tide is changing in Malaysia as data centres continue to strain the country’s energy and water infrastructure. In January, the …
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Oracle plans $5bn investment in UK
Tech major Oracle has pledged $5bn investment over the next five years to expand its AI-driven cloud services in the …
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Saudi Arabia grants exploration licences to local and international mining companies
Saudi Arabia's Ministry of Industry and Mineral Resources has awarded exploration licences for 4,788km² within the mineral-rich regions of Jabal …
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Atlas Copco opens new Talegaon factory
Swedish industrial equipment manufacturer Atlas Copco has unveiled its new 25,000sqm manufacturing facility in Talegaon, Pune, India. Initially announced in August 2023, …
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Florida’s space economy is back in business – and busier than ever
When NASA was the only name in space exploration in the US, Florida’s famous spaceports at Cape Canaveral and neighbouring …
