PetroChina to receive Venezuelan oil shipment
In a noteworthy development, PetroChina Co. is poised to receive a shipment of Venezuelan oil, marking a significant shift in its sourcing strategies. The cargo, [more…]
Category: U.S.
Asian airlines flock to Airbus, a blow to Boeing
In a turn of events, Airbus has secured orders for 65 jets from two major Asian carriers, dealing a significant blow to its U.S. rival [more…]
LOT Polish Airlines faces critical decision between Embraer and Airbus for a fleet of new aircrafts
In a move that could reshape its regional routes, Polish flag carrier LOT is gearing up for a monumental decision. The State Assets Ministry announced [more…]
Nippon’s acquisition of U.S. Steel faces national security standoff
In a regulatory filing on Friday, U.S. Steel Corp. hinted at the delayed closure of its acquisition by Nippon Steel, signaling mounting hurdles for the [more…]
Qatar Airways explores fleet expansion with Boeing and Airbus amid industry shifts
In a bid to bolster its fleet and meet surging international travel demands, Qatar Airways is reportedly in early discussions with Boeing and Airbus to [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…]
Nidec, KPS Capital Partners compete for Siemens AG’s Innomotics business
Two heavyweights, Japan’s Nidec and New York-based KPS Capital Partners, are locked in a high-stakes competition to acquire Siemens AG’s Innomotics large motors business. The [more…]
Daiso’s quirky Japanese charm takes the U.S. by storm, plans to open 65 stores in 2024
Nestled amidst Daiso’s eclectic array of vibrant stationery lies a retail strategy that has captured the hearts of many. The Japanese low-cost retailer, renowned for [more…]
ASML’s potential departure highlights Dutch immigration policy concerns
In a move to prevent semiconductor equipment maker ASML, the Netherlands’ largest company, from relocating or expanding abroad due to anti-immigration policies, the Dutch government [more…]
JetBlue and Spirit Airlines call off merger
In a twist of fate, JetBlue Airways and Spirit Airlines have officially pulled the plug on their much-anticipated merger. This decision comes hot on the [more…]