In a significant win for South Korean companies, Samsung E&A Co. and GS Engineering & Construction Corp. (GS E&C) have secured a combined US$7.2 billion [more…]
China Construction Bank (CCB) is eyeing additional policy support from Beijing to strengthen the economy, even as major state-owned lenders grapple with the need to [more…]
In a move reflecting the dynamic landscape of the North American energy sector, the top oilfield services company announced on Tuesday its plans to acquire [more…]
In a expanding move to strengthen its position in the alumina-based refractories market, Vienna-based RHI Magnesita has unveiled plans to acquire Resco Group, a U.S.-based [more…]
In a stark reminder of the digital age’s vulnerabilities, AT&T announced Saturday that it is investigating a recent incident that led to millions of customers’ [more…]
In a move set to shake up the Chinese property market, a consortium of investors spearheaded by private equity powerhouse PAG has just injected a [more…]
Montreal’s Airbus factory, responsible for assembling the planemaker’s smallest commercial jet, the A220, is experiencing a slip in productivity. This comes as the factory’s 1,300 [more…]
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…]
Xiaomi’s foray into the electric vehicle (EV) market with its new Speed Ultra 7 (SU7) sedan is poised to shake up the industry. With a [more…]
In a move signaling its commitment to expanding its professional customer base, Home Depot announced on Thursday its acquisition of SRS Distribution in an $18.25 [more…]
