ENAMI aims for 2027-2028 start on first lithium project
In a move that seems ripped from the pages of a tech-fueled future, Chile’s state mining firm ENAMI is gearing up to break new ground—literally [more…]
Category: U.K.
Cazoo’s tech dream dashed, administration looms, jobs in jeopardy
Once upon a time, in the bustling world of British tech startups, there was a shining star named Cazoo. Founded by Alex Chesterman, the mastermind [more…]
Luxury retailers pivot as Paris Olympics redirect high-end tourists to London, Milan, and Barcelona
In a twist of Olympic proportions, European luxury retailers are making strategic moves, eyeing deep-pocketed tourists who might bypass Paris this summer to avoid the [more…]
South Korea’s KEPCO explores UK nuclear project, following Hitachi’s retreat
In a potential bid to bolster its global energy footprint, Korea Electric Power Corp (KEPCO) is reportedly in talks with the British government to construct [more…]
Glencore and PT Chandra near $1 Billion deal for Shell’s Singapore refinery and petrochemical units
In a move set to reshape Singapore’s energy landscape, a consortium led by Glencore and PT Chandra is on the brink of acquiring Shell’s oil [more…]
Trafigura-led consortium in exclusive talks to acquire Exxon Mobil’s Fos-sur-Mer refinery in France
In a strategic move, Rhone Energies, a consortium formed by commodity trader Trafigura and Entara LLC, has entered into exclusive negotiations with Exxon Mobil’s ESSO [more…]
AliExpress scores big with Euro 2024 sponsorship, aims to dominate European e-commerce market
AliExpress, the international e-commerce arm of Alibaba Group Holding, is making moves in the European market with its sponsorship of Euro 2024, the upcoming European [more…]
Unilever to spin-off ice cream unit and cut jobs in cost-saving drive
Unilever has announced a scoop of changes to its operations, serving up a spinoff of its ice cream unit and a side of job cuts. [more…]
BP and Venezuela eye potential gas bonanza in Trinidad and Tobago
BP and Venezuela are discussing the potential development of a gas field in Trinidad and Tobago, signaling a potential boost in energy production for the [more…]
Vodafone’s Italian business sold to Swisscom for €8 billion
In a significant move, Vodafone has agreed to sell its Italian business to Swisscom, the Bern-based telecommunications firm, for a staggering €8 billion in cash. [more…]