French President announces €23bn of investment in Africa at Nairobi summit
French President Emmanuel Macron has pledged €23bn ($27bn) of investment for Africa at the Africa Forward summit in Nairobi, positioning …
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Commerce Secretary Lutnick says US market access main FDI driver
“You remembered when it used to be, where is the cheapest place to produce? We have flipped that script around. …
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Take-off in Texas: Why investors are targeting the aerospace and defense sectors in Austin
Austin’s evolution from a tech center to a hub for aerospace and defense innovation is quickly gaining momentum, driven by …
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AWS cleared to proceed with Santiago data centre in Chile
Amazon Web Services (AWS) will move forward with a planned data centre complex near Santiago after Chilean environmental authorities rejected …
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Microsoft and G42 Kenya data centre project stalls
A planned Microsoft and G42 data centre in Kenya has stalled after the Kenyan government declined to provide the payment …
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Angelini Pharma agrees $4.1bn Catalyst Pharmaceuticals acquisition
Italian pharmaceutical group Angelini Pharma has agreed to acquire US-based Catalyst Pharmaceuticals in a cash deal worth about $4.1bn. The company …
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TikTok to invest $25bn in Thailand as BOI backs investment pipeline
Thailand’s Board of Investment (BOI) has approved six projects worth Bt958bn ($29bn), led by TikTok System (Thailand)’s Bt842bn ($25bn) plan …
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PIF opens Shanghai office to expand China investment ties – report
Saudi Arabia’s sovereign wealth fund, Public Investment Fund (PIF), has opened a second office in mainland China with a new …
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Nscale to invest $812.6m in Portugal AI data centre expansion
Nscale Global has agreed to invest €695m ($812.6m) in infrastructure at the Sines data centre campus in Portugal, extending its …
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Suzano-Kimberly-Clark JV nears unconditional EU antitrust approval – report
Brazilian pulp producer Suzano is expected to receive unconditional European Union (EU) antitrust approval for its $3.4bn joint venture with …
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US offshore wind “not a dead industry” – Oceantic Network CEO
Offshore wind has been the target of a sustained attack throughout President Donald Trump’s second term but, speaking at the …
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Drones: The future of defence and specialist capabilities in Alberta
Drones and advanced air mobility (AAM) technologies could add tens of billions of dollars a year to the Canadian economy …
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Vietnam, Japan sign six agreements to deepen ties in green growth, digital tech
Vietnam and Japan have signed six cooperation agreements covering climate resilience, low-carbon growth, digital transformation and space data, as the …
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EU moves to overhaul Chips Act with direct investment authority – report
The European Commission is set to gain authority to invest directly in cross-border semiconductor manufacturing under a proposed overhaul of …
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Toyota plans three Maharashtra plants to lift India output – report
Toyota Motor plans to build three new vehicle assembly plants in Maharashtra as part of a strategy to raise its …
