Business ► - Page 33

Initially, Nissan had announced a 1.3 billion reais investment plan in April 2022, but now, they are injecting an additional 1.5 billion reais from 2023 to 2025. (Photo: Nissan)

3 min read

Brazil Business Japan

Nissan announces ambitious plans to expand presence in Brazil

Post Date 11/08/2023

In a move aimed at boosting its foothold in Latin America’s largest economy, Nissan recently unveiled a substantial increase in its investment in its Brazilian [more…]

Canadian, German, and Australian mineral explorers aim to secure premium prices for crucial metals in electric vehicles, and to reduce dependence on China's dominant role in the market. (Photo: Lynas)

4 min read

Australia Business Canada China Germany

Miners aim to break China’s dominance in rare earth minerals

Post Date 11/08/2023

In a bid to challenge China’s stranglehold on the production and supply of rare earth metals, several Canadian, German, and Australian mining companies are devising [more…]

Nov. 8, 2023 -Warner Bros. Discovery reported Q3 earnings with a drop in ad revenue. (Photo: Etienne Laurent | Shutterstock)

3 min read

Business U.S.

Warner Bros. Discovery grapples with declining ad revenue and subscribers

Post Date 11/08/2023

Warner Bros. Discovery, one of the prominent players in the entertainment and media industry, faced a challenging quarter as it reported a decline in advertising [more…]

WeWork, formerly valued at $47 billion, has initiated bankruptcy proceedings due to the accumulation of a substantial $2.9 billion debt. (Photo: Justin Sullivan | Getty Images)

3 min read

Business U.S.

WeWork Files for Chapter 11 Bankruptcy, a spectacular $47 billion corporate collapse

Post Date 11/07/2023

WeWork, the once high-flying office-sharing company, has filed for Chapter 11 bankruptcy protection in New Jersey federal court. This development comes as the company grapples [more…]

Nov. 6, 2023 - Hilton Grand Vacations announced a $1.5 billion deal to acquire Bluegreen Vacations. (Photo: Hilton Grand)

3 min read

Business U.S.

Hilton Grand Vacations expands its footprint with $1.5 billion Bluegreen acquisition

Post Date 11/06/2023

In a strategic move to bolster its position in the competitive timeshare and vacation ownership industry, Hilton Grand Vacations has announced its acquisition of Bluegreen [more…]

Suntory Spirits, a premium Japanese whisky, has announced plans for capacity expansion to cater to the escalating worldwide demand, with expectations of increased output by 2027. (Photo: Suntory)

4 min read

Business Japan

Suntory Spirits expands to meet soaring Global demand for Japanese whisky

Post Date 11/06/2023

In response to the surging international appetite for Japanese whisky, Suntory Spirits, one of the most esteemed premium Japanese whisky suppliers, has embarked on a [more…]

Klarna has initiated a process of legal entity reorganization to establish a new holding company in the United Kingdom, setting the stage for a forthcoming IPO.(Photo: Thiago Prudencio | Getty)

4 min read

Business Sweden U.K.

Klarna moves to establish a holding company in the UK, setting stage for a potential IPO listing

Post Date 11/06/2023

Klarna, the renowned buy now, pay later firm, has recently undertaken a significant strategic step by establishing a holding company in the United Kingdom. This [more…]

Nov. 3, 2023 -Customers of Bank of America, JPMorgan Chase, Truist Financial, and U.S. Bancorp face deposit delays due to The Clearing House technical glitch. (Photo: Atmia)

3 min read

Business U.S.

Technical glitch disrupts banking services for major US institutions

Post Date 11/03/2023

On a seemingly ordinary Friday, customers of several major US financial institutions found themselves facing an unexpected inconvenience as they attempted to deposit funds into [more…]

The Canada Energy Regulator (CER) directed the Trans Mountain oil pipeline expansion project to cease operations in a wetland area near Abbotsford, British Columbia. (Photo: Dennis Owen | Reuters)

3 min read

Business Canada

Environmental concerns and costs plague Trans Mountain Oil pipeline expansion project

Post Date 11/03/2023

The Trans Mountain oil pipeline expansion project, a Canadian government-owned initiative, has once again encountered a roadblock as the Canada Energy Regulator (CER) issued an [more…]