Business ► - Page 13

Honda's ambitious plan in Ontario to include new assembly and battery plants, paving the way for all-electric future. (Photo: Honda)

2 min read

Business Canada Japan

Honda accelerates Canada’s EV future with $11 billion investment

Post Date 04/25/2024

In a move set to electrify Canada’s automotive industry, Honda Motor and its joint venture partners have unveiled plans to infuse $11 billion into Ontario, [more…]

Hanwha Ocean Co. secures $127 million LPG carrier order. (Photo: Hanwha Ocean)

1 min read

Business South Korea

Hanwha Ocean sails ahead with $127 million LPG carrier order

Post Date 04/18/2024

Hanwha Ocean Co., the renowned shipbuilder, recently announced securing a substantial 176.4 billion-won (US$127 million) order to construct a cutting-edge liquefied petroleum gas (LPG) carrier [more…]

Boeing refutes whistleblower's claims, affirms safety of 787 Dreamliner and 777 aircraft. (Photo: Getty Images)

2 min read

Business U.S.

Boeing stands firm on 787 Dreamliner and 777 safety amid whistleblower allegations

Post Date 04/16/2024

Boeing has been in the spotlight recently after one of its engineers, Sam Salehpour, made allegations of shortcuts being taken to speed up production of [more…]

Trafigura backed Rhone Energies, nears acquisition of Exxon Mobil's French assets in major energy sector move. (Photo: Trafigura)

2 min read

Business France Singapore Switzerland U.K. U.S.

Trafigura-led consortium in exclusive talks to acquire Exxon Mobil’s Fos-sur-Mer refinery in France

Post Date 04/11/2024

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…]

Micron Technology's chip supplies in focus after Taiwan earthquake. (Photo: DigiTimes Asia)

2 min read

Business Taiwan U.S.

Micron Technology faces supply disruption after Taiwan earthquake

Post Date 04/11/2024

Micron Technology, a key player in the memory chip industry, faced a setback recently when an earthquake hit Taiwan on April 3, affecting its dynamic [more…]

Switzerland bolsters oversight of UBS and major banks to safeguard against financial crises. (Photo: UBS | File)

3 min read

Business Switzerland

Swiss government steps up oversight of UBS and other big banks

Post Date 04/10/2024

In a move to prevent a repeat of the Credit Suisse collapse, Switzerland has announced stricter capital requirements for UBS and other systemically relevant banks. [more…]

Johnson & Johnson makes big bet on heart health with $12.5 billion Shockwave Medical. (Photo: Mario Tama | Getty Images)

2 min read

Business U.S.

J&J dives deeper into heart health with Shockwave Medical acquisition

Post Date 04/05/2024

In a move set to expand its range of medical devices dedicated to heart disease treatment, Johnson & Johnson has announced its agreement to acquire [more…]

Kering bolsters luxury empire with multi-million Euro Milan real estate deal. (Photo: Wiki)

2 min read

Business France Italy

Kering expands Milan presence with $1.4 billion purchase of Via Montenapoleone building

Post Date 04/04/2024

Kering, the French luxury group behind iconic brands like Gucci and Saint Laurent, is expanding its footprint in the heart of Milan’s exclusive shopping district [more…]

Chery breaks ground in Vietnam with $800 million plant, a milestone for Chinese EV Industry. (Photo: Chery)

2 min read

Business China European Union Italy Vietnam

Chery makes history as first Chinese EV maker to establish a plant in Vietnam

Post Date 04/04/2024

In a move that signals the burgeoning electric vehicle (EV) market in Vietnam, automaker Chery has inked a landmark joint venture agreement with local company [more…]