Indonesia offers anti-submarine aircraft to the Philippines
Indonesia and the Philippines have been quietly strengthening defense support over the past decade, but recent developments have brought them into the spotlight. Indonesia’s offer [more…]
Pay-TV revenues in the MENA region are projected to decline, due to the growing popularity of OTT services and piracy issues
A recent report by Digital TV Research has forecasted a substantial decline of $1.6 billion in pay-TV revenues across the Middle East and North Africa [more…]
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…]
Chinese stock market struggles amid global shifts
The Chinese stock market has had a challenging start to 2024, marked by a significant loss of $6.3 trillion since its peak three years ago. [more…]
Vietnam sentences nine to death in major drug trafficking case in Asia
A court in Vietnam has sentenced nine individuals to death after they were found guilty of involvement in one of the country’s largest drug trafficking [more…]
Germany calls for global cooperation to combat drug trafficking
Germany’s Interior Minister, Nancy Faeser, has urged increased global cooperation to tackle the growing threat of drug trafficking, particularly in the harbors of the Netherlands, [more…]
Macy’s rejects $5.8 billion privatization bid from Arkhouse and Brigade Capital
Macy’s announced its decision to turn down a $5.8 billion proposal from Arkhouse Management and Brigade Capital Management to take the department store operator private. [more…]
Sunoco announces acquisition of NuStar in $7.3 billion energy deal
In a surprising turn of events, Sunoco LP and NuStar Energy L.P. have announced a definitive agreement that will see Sunoco acquiring NuStar in a [more…]
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…]
Chinese Premier Li Qiang visits Ireland to strengthen bilateral ties
Chinese Premier Li Qiang’s recent visit to Ireland has marked a significant milestone in the bilateral relations between China and Ireland, emphasizing the “huge potential” [more…]