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…]
Category: U.K.
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…]
JD.com abandons bid for Currys, following Elliott Advisors’ retreat
In a twist of events reminiscent of a high-stakes poker game, Chinese online retailer JD.com has decided to fold its hand and walk away from [more…]
Qatar’s Commercial Bank and Visa revolutionize payment experience with Visa Installment Solution
In a move to redefine the payment landscape in Qatar, Commercial Bank has partnered with Visa, the world leader in digital payments, to introduce the [more…]
Rolls-Royce’s aircraft engine sales soar
Rolls-Royce, the British aerospace and defense company, remains unfazed by the recent price increases for its aircraft engines, as the industry experiences a surge in [more…]