Maersk, the Danish shipping giant, issued a warning on Thursday, stating that container shipping overcapacity would have a more significant impact on profits than previously [more…]
Lotte Group, a leading conglomerate in South Korea, is embarking on a strategic business restructuring for the year. As part of this initiative, the conglomerate [more…]
Embraer is showcasing its C-390 tactical transport and A-29 Super Tucano at the World Defense Show (WDS) near Riyadh, aiming to capitalize on potential sales [more…]
Ford Motor is undergoing a strategic shift in its approach to electric vehicles (EVs), as CEO Jim Farley announced a reassessment of the company’s EV [more…]
Adam Neumann, the co-founder of WeWork who was ousted from the company in 2019, is reportedly seeking to buy back the real estate company out [more…]
In a major boost to South Korea’s defense exports, LIG Nex1 has secured a lucrative $3.2 billion deal with Saudi Arabia for the sale of [more…]
Danish pharmaceutical giant Novo Nordisk’s parent company, Novo Holdings, announced on Monday its plans to acquire drug manufacturer Catalent in a $16.5 billion deal. This [more…]
Luxury conglomerate LVMH is ramping up efforts to capture a larger share of the global luxury watch market, unveiling a new watch division and a [more…]
SoftBank plans to acquire full ownership of WeWork Japan, assuming the company’s business-related debts. This move comes just four months after the troubled coworking business, [more…]
Adidas made a strategic decision to refrain from writing off the majority of its unsold Yeezy inventory and instead plans to sell the remaining shoes [more…]
