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% …
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Benchmark Electronics opens design and manufacturing facility in Mexico
Benchmark Electronics, a US-based provider of engineering, design, and manufacturing services, has launched its new manufacturing facility in Guadalajara, Mexico. The …
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Heineken loses “operational control” of facilities in DR Congo’s conflict-hit east
Heineken has lost “operational control” of its facilities in the eastern region of the Democratic Republic of Congo. The Dutch brewing …
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Podcast: The benefits of blockchain in healthcare
One of the key advantages of blockchain is that it removes the need for patients to provide the same information …
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SoftBank founder proposes $1trn AI and robotics hub in US
SoftBank Group founder Masayoshi Son is pursuing a plan to establish a $1trn industrial complex in Arizona, the US, to …
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Alibaba Cloud to establish its second data centre in South Korea
Alibaba Cloud, the cloud computing division of China-based Alibaba Group, plans to launch a second data centre in South Korea. …
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Octopus Energy launches first African renewable energy fund
Octopus Energy Generation is making a significant leap in its global green mission by establishing the Octopus Energy Power Africa …
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Oracle opens new R&D centre in Morocco
US tech giant Oracle has launched a new research and development (R&D) centre in Casablanca, Morocco, to advance its cloud …
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Danone grows US presence with $65m Jacksonville expansion
Danone North America, part of the French food and beverage corporation Danone, has unveiled a new production line at its manufacturing …
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Nippon Steel finalises US Steel takeover, with a golden caveat
After 18 long months, Nippon Steel has finalised its $14.9bn (Y2.16trn) takeover of US Steel following an executive order from …
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Mali starts building Russia-backed gold refinery to enhance control over resources
Mali has initiated construction of a new gold refinery backed by Russia, marking a step towards the country’s goal of …
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Hyundai boosts Malaysian presence with new direct subsidiary HMY
South Korean automaker Hyundai Motor has established its new subsidiary headquarters in Kuala Lumpur, Malaysia. The new local entity, Hyundai …
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Fragomen serves Philippines’ economic growth with new Manila office
Fragomen, a US-based provider of immigration services, has announced the opening of a new office in the Philippines. The new base …
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Global start-up ecosystem value down, but AI-native start-ups on the rise – report
The global economy still cannot shake off the pandemic downturn, and that includes start-up ecosystems, according to the Global Startup …
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Nvidia, Deutsche Telekom to launch industrial AI cloud in Germany
US-based tech giant Nvidia has collaborated with telecommunications company Deutsche Telekom to introduce Europe’s first industrial AI cloud in Germany. This …
