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…]
Category: Business
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…]
Vodafone’s Italian business sold to Swisscom for €8 billion
In a significant move, Vodafone has agreed to sell its Italian business to Swisscom, the Bern-based telecommunications firm, for a staggering €8 billion in cash. [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…]
Greece’s Eurobank ventures into Indian market, eyeing business expansion
In a bid to broaden its global presence, Eurobank, one of Greece’s leading financial institutions, is making significant strides into the Indian market. The bank [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…]