Lufthansa Cabin Crew Union Takes to the Skies for Better Pay
In a move that could disrupt travel plans for thousands, Lufthansa’s cabin crew union has announced a strike at Lufthansa and short-haul carrier CityLine. The [more…]
Category: Business
Saudi Arabia and the United Arab Emirates are targeting lithium to diversify their economies
In a strategic move to diversify their economies and capitalize on the global shift towards electric vehicles (EVs), national oil giants Saudi Aramco and Abu [more…]
New reserve at Kaiping South oilfield bolsters CNOOC’s offshore portfolio
China National Offshore Oil Corporation (CNOOC) announced a significant discovery in the South China Sea, revealing a new reserve with over 100 million tons of [more…]
Banco Santander expands presence in Qatar with office in Doha’s financial centre
Banco Santander, the global banking giant, has recently expanded its reach to the vibrant financial hub of Doha, Qatar, by opening a representative office in [more…]
Woori Bank elevates private banking services to bolster client trust
In a move aimed at bolstering its image as a trustworthy financial institution, Woori Bank, one of South Korea’s largest commercial lender, has announced a [more…]
Japanese corporation Itochu to rescue Bigmotor amidst fraud scandal
In a surprising turn of events, trading giant Itochu has stepped in to provide critical support to Bigmotor, a used car dealer reeling from the [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…]
PayCargo expands into Asia with Hong Kong as its first stop
PayCargo, a Florida-based logistics payment platform operator backed by private equity firm Blackstone, is setting its sights on Hong Kong as its “first point of [more…]
Toyota announces $2.2 billion investment in Brazil, creating 2,000 jobs
Toyota, the renowned Japanese automaker, has announced a substantial $2.2 billion investment for the coming years in Brazil, as confirmed by the country’s vice-president. This [more…]