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: Business
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…]
Norway’s first offshore wind farm to be developed by Japanese consortium
In a bid that marks a significant step towards Norway’s renewable energy ambitions, a consortium led by two Japanese power companies has secured the rights [more…]
Zomato’s ‘Pure Veg’ fleet decision sparks controversy and backlash, forces company to reverse course
In a recent turn of events, food delivery app Zomato faced backlash over its decision to introduce a dedicated fleet of green vehicles exclusively for [more…]
Grab takes a crypto leap, users can now pay with Bitcoin and more in Singapore
Grab, the ubiquitous super app known for its wide range of services including ride-hailing, food delivery, and digital payments, is now venturing into the world [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…]
South Korean shipyard lands huge contract for ammonia carriers
South Korea’s shipbuilding industry continues to set sail on a prosperous course, with HD Korea Shipbuilding & Offshore Engineering Co. securing a significant 489.6 billion-won [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…]
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…]
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…]