Estimated read time 2 min read

Aramco awards $3.3 billion gas contract in Saudi Arabia to China and Spain

Saudi Aramco, the world’s largest oil exporter, has recently awarded contracts worth over $3.3 billion to Chinese company Sinopec and Spain’s Tecnicas Reunidas. The contracts [more…]

Estimated read time 2 min read

Japanese companies pursue MBOs amid shareholder pressure

In a strategic move to alleviate the mounting pressures from shareholders and financial markets, an increasing number of large companies in Japan have been opting [more…]

Estimated read time 3 min read

Japan Airlines appoints first female president, Mitsuko Tottori, in a bid to address gender gap

In a landmark move, Japan Airlines (JAL) has named Mitsuko Tottori as its first female president, marking a significant step in the company’s efforts to [more…]

Estimated read time 2 min read

Turkey’s Tosyali signs $5 billion deal for steel plant in Saudi Arabia, eyes expansion across Africa and Europe

Turkish industrial conglomerate Tosyali Holding has inked a monumental deal to construct a $5 billion steel plant in Saudi Arabia, as revealed by the company’s [more…]

Estimated read time 3 min read

China’s Shein faces regulatory review ahead of U.S. IPO

China’s leading fast-fashion brand Shein is undergoing a comprehensive security review by China’s Cyberspace Administration (CAC) as it prepares for its much-anticipated initial public offering [more…]

Estimated read time 3 min read

Meyer Burger Technology to close solar module manufacturing facilities in Germany

Switzerland-based Meyer Burger Technology has revealed plans to shut down its solar module manufacturing facilities in Germany, citing a challenging market environment in Europe. The [more…]

Estimated read time 3 min read

Volkswagen’s quest for EV batteries, exploring options beyond QuantumScape

Volkswagen has been at the forefront of the electric vehicle (EV) revolution, with ambitions to develop solid-state batteries that promise longer ranges and shorter charging [more…]

Estimated read time 2 min read

Federal Judge blocks JetBlue’s acquisition of Spirit Airlines

In a significant blow to JetBlue Airways, a federal judge has blocked its $3.8 billion purchase of Spirit Airlines after the Justice Department sued to [more…]