Business ► - Page 3

Shyft group and Aebi Schmidt merge to form global specialty vehicle leader. (Photo: Aebi Schmidt)

2 min read

Business Switzerland U.S.

Shyft and Aebi Schmidt unite in $1.95 billion specialty vehicle deal

Post Date 12/16/2024

An International Fusion on Wheels: Shyft Group and Aebi Schmidt Join Forces In a move that merges the precision of Swiss engineering with American manufacturing [more…]

Can Softbank's AI investments deliver on promises, or will history repeat itself. (Photo: Softbank)

2 min read

Business Japan U.S.

Softbank’s $100B A.I. bet, bold vision or familiar hype

Post Date 12/16/2024

Softbank’s Grand AI Gamble: A Bold Investment or Déjà Vu? Softbank is back in the headlines with a colossal promise: a $100 billion investment in [more…]

Adidas' German HQ raided in tax probe. (Photo: Bloomberg)

1 min read

Business Germany

Adidas plays defense in tax investigation game

Post Date 12/11/2024

In a surprising mid-season twist, Adidas AG found itself not on the field but under the spotlight as authorities raided its German headquarters, sending ripples [more…]

Asian banking giants vie for a strategic foothold in Indonesia's Panin Bank. (Photo: Panin Bank)

2 min read

Australia Business Indonesia Japan Singapore

The high-stakes chase for Panin Bank

Post Date 12/10/2024

The battle for Indonesia’s Panin Bank is shaping up to be a high-stakes drama starring some of Asia’s financial heavyweights. DBS Group Holdings, Mitsubishi UFJ [more…]

Canal+ to exit terrestrial TV as tax and regulatory pressures mount. (Photo: iStock)

2 min read

Business France U.K.

Canal+ shakes up the French market with terrestrial TV exit

Post Date 12/06/2024

In a strategic twist, Canal+, the French media giant owned by Vivendi, is pulling its paid channels off terrestrial TV in France starting June 2025. [more…]

PayPay Bank sparks a "Deposit Revolution" with 2% interest rates. (Photo: Suzu Takahashi | Nikkei Asia)

2 min read

Business Japan

PayPay is shaking up Japan’s stagnant savings scene

Post Date 12/05/2024

In a bold move that feels more like a mic-drop moment than a bank announcement, PayPay Bank is offering a jaw-dropping 2% interest on both [more…]

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…]