Toyota, the renowned Japanese automaker, has announced a substantial $2.2 billion investment for the coming years in Brazil, as confirmed by the country’s vice-president. This [more…]
Taiwan Semiconductor Manufacturing Co. (TSMC), the world’s largest contract chipmaker, is gearing up for a significant expansion with plans to recruit 6,000 new employees in [more…]
In a move amidst China’s deepening property sector crisis, Deutsche Bank is reportedly preparing to launch a liquidation lawsuit against Shanghai-based developer Shimao Group in [more…]
In a turn of events reflecting the volatile nature of the European property market, two of Sweden’s leading property companies found themselves grappling with substantial [more…]
Fast Retailing, the company behind the Uniqlo brand, is setting its sights on expanding the presence of its GU brand in the United States and [more…]
BASF, the German chemicals giant, is tightening its belt once again, announcing plans to slash an additional 1 billion euros in annual costs at its [more…]
Adidas made a strategic decision to refrain from writing off the majority of its unsold Yeezy inventory and instead plans to sell the remaining shoes [more…]
Shell has announced plans to shut down its oil refinery in Wesseling, Germany, by 2025 and repurpose the site for the production of lubricant feedstock, [more…]
Switzerland-based Meyer Burger Technology has revealed plans to shut down its solar module manufacturing facilities in Germany, citing a challenging market environment in Europe. The [more…]
Volkswagen has been at the forefront of the electric vehicle (EV) revolution, with ambitions to develop solid-state batteries that promise longer ranges and shorter charging [more…]
