UK and Saudi Arabia announce $483m of joint investments
The UK and Saudi Arabia have announced £360m ($483m) of joint investments set to create 187 jobs across both countries. …
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Jaggaer opens new GCC in Hyderabad, India
US-headquartered software company Jaggaer has opened its new global capability centre (GCC) in Hyderabad, India. This centre will lead the …
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Google wins antitrust case to retain Chrome
A US District Court in Washington has ruled that Google can retain its Chrome browser, granting the tech giant a …
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Danfoss opens its largest Chinese production facility in Haiyan
Danish engineering group, Danfoss A/S, has unveiled a new production facility in Haiyan, China. Spanning 126,000sqm, it is Danfoss’ second campus …
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DSM-Firmenich opens first Indian feed additive plant in Jadcherla
DSM-Firmenich Animal Nutrition and Health (ANH), part of Switzerland-based DSM-Firmenich AG, has launched a new feed additive plant in Jadcherla, …
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Raising capital in Africa is complex but new solutions are emerging
"The current global financial system is simply not working for Africa" declared Calver Gatete, Executive Secretary, United Nations Economic Commission for …
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South Korea’s Hanwha Group commits $5bn to Philly Shipyard
Hanwha Group has unveiled a $5bn investment plan for Hanwha Philly Shipyard in Pennsylvania, aligning with South Korea's pledge to foster …
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OpenAI plans huge data centre project in India, sources say
OpenAI, the California, US-based company behind ChatGPT, plans to build a 1GW-capacity data centre in India as part of the …
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WEF report urges investment in Southern Africa’s critical minerals
The World Economic Forum (WEF), in collaboration with the Development Bank of Southern Africa (DBSA) and McKinsey & Company, has …
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Panasonic boosts European presence with expanded $373m Pilsen factory
Japanese electronics giant Panasonic has unveiled its expanded and upgraded factory in Pilsen, Czech Republic. Panasonic invested around $373m (€320m) in the …
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Indian exporters turn to Africa as US tariffs come into effect
Indian exporters are looking to expand production in Africa to continue supplying their US customers after US tariffs of 50% …
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KoBold Metals receives seven permits for lithium exploration in DRC
KoBold Metals, a California-based company supported by prominent figures such as Jeff Bezos and Bill Gates, has been granted seven …
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Ferrovial to develop 250MW solar facility in Texas, US
Spanish infrastructure company Ferrovial has revealed its intention to construct a 250MW solar photovoltaic (PV) facility in Texas, US. The …
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Lidl to create 500 jobs across UK through London and Leeds investments
German supermarket retailer Lidl has started building a new distribution centre in Leeds, following the completion of an expansion project …
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ArcelorMittal reconsiders Brazil investments
Luxembourg-based global steel-maker ArcelorMittal's leadership has warned it may backtrack on some of its (25bn reias) $4.6bn of planned investments …
