Hong Kong’s CK Hutchison terminates telecom venture with Swedish private equity
CK Hutchison Holdings, a key player in Hong Kong’s business landscape and the flagship company of billionaire Li Ka-shing, has announced the termination of its [more…]
Category: Business
Bitcoin price surges above $50,000, its highest level in over two years
Bitcoin, the world’s most famous cryptocurrency, is making headlines again, soaring past the $50,000 mark on Monday, its highest level in over two years. The [more…]
British foodservices, SSP Group, expands in Australia, an important market
In a move set to significantly expand its footprint in Australia, SSP Group has announced its agreement to fully acquire Airport Retail Enterprises Pty Ltd [more…]
Tower Semiconductor bets big on India’s chip ambitions
In a move aimed at bolstering India’s burgeoning semiconductor industry, Tower Semiconductor, a leading global chipmaker, has proposed a mammoth $8 billion investment to establish [more…]
Rolls-Royce Motor rings in 2024 with exclusive Year of the Dragon collection
Luxury automotive manufacturer Rolls-Royce Motor Cars is celebrating the Lunar New Year in style with the launch of its limited Year of the Dragon Bespoke [more…]
Hawaiian Airlines partners with SpaceX’s Starlink to offer complimentary Wi-Fi on flights
Hawaiian Airlines is set to revolutionize the in-flight experience by rolling out complimentary Wi-Fi on board its commercial flights this week, becoming the first major [more…]
Maersk warns of container shipping overcapacity, suspends share buyback program
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 to sell Korea Seven’s ATM business as part of business restructuring
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 showcases C-390 and A-29 at World Defense Show, eyes Saudi sales
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 rethinks electric vehicle (EV) strategy
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…]