Business ► - Page 2

First utility-scale solar plant boosts energy independence and sustainability in Bohol. (Photo: PetroEnergy Resources)

2 min read

Business Japan Philippines

PetroEnergy Resources lights up Bohol with renewable power

Post Date 11/22/2024

In a transformative step for Bohol’s energy landscape, PetroEnergy Resources Corp. (PERC), a member of the Yuchengco Group, has unveiled the 27-megawatt Dagohoy Solar Power [more…]

Equinor scales back renewables amid challenges. (Photo: JHVE | Shutterstock)

2 min read

Australia Business France Norway Poland Portugal Spain U.K. U.S.

Equinor sharpens focus, cuts jobs, and trims renewables ambitions

Post Date 11/21/2024

In a dramatic recalibration of its renewable energy ambitions, Norway’s Equinor is cutting 20% of staff from its renewables division—a move signaling a sharper, leaner [more…]

Abbott revolutionizing diabetes care from Ireland. (Photo: Abbott)

2 min read

Business Ireland U.S.

Abbott launches global diabetes hub in Ireland

Post Date 11/18/2024

Kilkenny just became the epicenter of a global healthcare revolution. Abbott’s €440 million investment in Ireland has culminated in a state-of-the-art facility dedicated to producing [more…]

After years of struggles in the U.S., Just Eat sells Grubhub at a massive loss but gains investor confidence. (Photo: Just Eat Takeaway)

3 min read

Australia Business Canada France Ireland Netherlands New Zealand U.K. U.S.

Just Eat Ends costly Grubhub gamble

Post Date 11/13/2024

After years of trying to make it in the U.S. market, Just Eat Takeaway is finally calling it quits on Grubhub. The European meal delivery [more…]

Iconic dim sum brand Tim Ho Wan joins Jollibee’s global restaurant portfolio. (Photo: Jollibee Group)

2 min read

Business Hong Kong Philippines

Jollibee Foods Corp. expands culinary horizons with acquisition of Tim Ho Wan

Post Date 11/05/2024

In a bold culinary move, Philippine conglomerate Jollibee (JFC) has set its sights on the popular dim sum sensation, Tim Ho Wan, by securing both [more…]

Schaeffler AG's job cuts reflect deepening crisis in Europe's automotive supply chain. (Photo: Schaeffler Group)

2 min read

Business European Union Germany

As Europe’s auto giants fumble, Schaeffler AG pivots

Post Date 11/05/2024

In the quiet yet relentless hum of Europe’s auto industry, a stark transformation is underway. Schaeffler AG, a longtime pillar in Germany’s machinery and auto-parts [more…]

Data entry error leads GlobalFoundries to a $500K fine, but cooperation cuts potential $34M penalty. (Photo: GlobalFoundries)

2 min read

Business China European Union Singapore U.S.

GlobalFoundries fined for sanctions slip-up

Post Date 11/04/2024

In the high-stakes world of semiconductor manufacturing, one slip of a key can mean millions—and for GlobalFoundries, a so-called “data entry error” is proving costly. [more…]