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…]
Category: Business
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…]
Adam Neumann pursues WeWork acquisition
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…]
South Korean defense firm LIG Nex1 gets $3.2 billion contract for missile system
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…]
Novo Holdings to acquire Catalent in $16.5 billion deal
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…]