A fresh chapter for Southern Copper and Peru’s Tia Maria project
Arequipa, Peru – After more than a decade of delays and setbacks, Southern Copper’s Tia Maria project is poised to break ground either by the [more…]
Category: U.S.
Starwood REIT faces liquidity crunch amid investor exodus
Starwood Real Estate Investment Trust, under the stewardship of private real estate heavyweight Starwood Capital Group, is currently facing a liquidity squeeze. Recent reports indicate [more…]
Indeed to slash more jobs in Dublin as part of worldwide staff reduction
In a twist straight out of a corporate drama, Indeed, the well-known online recruiter, has announced yet another round of job cuts. Brace yourselves, Dublin, [more…]
Hyundai Mobis powers up EV expansion with new $65.8 million plant in the city of Ulsan
In a move to solidify its position in the electric vehicle (EV) market, Hyundai Mobis Co., South Korea’s premier auto parts maker, announced plans to [more…]
China state media rallies behind TikTok in legal battle against US, calls law ‘Suppression’
In a twist of legal maneuvers and geopolitical posturing, Chinese state media outlets have come out in strong support of TikTok and its parent company [more…]
Freeport-McMoRan set to boost copper exports amidst Indonesia export licence extension
In a move to capitalize on soaring copper prices and alleviate smelter shortages, Freeport-McMoRan is gearing up to export up to 900,000 metric tons of [more…]
Lufthansa and ITA Airways submit new proposals to EU Commission in bid to secure stake purchase approval
In a bid to address the European Commission’s regulatory concerns, the Italian government and Lufthansa have submitted new proposals regarding the German airline’s planned acquisition [more…]
Boeing faces new scrutiny over potential quality lapses
In a recent development, federal air-safety regulators have initiated an investigation into Boeing following the disclosure that some inspections on 787 Dreamliners may have been [more…]
Hungarian Bank OTP considering bid for Luminor
In a recent development, Hungarian bank OTP is reportedly eyeing a bid to acquire Luminor, a financial institution operating in the Baltic region. This move [more…]
Johnson & Johnson announces settlement plan for talc lawsuits in the U.S.
In a move to settle nearly all outstanding lawsuits in the United States related to its talc-based products, Johnson & Johnson (J&J) has announced a [more…]