Lukoil of Russia extends a $1.5 billion loan to Socar in a partnership aimed at supporting the Turkish STAR refinery’s supply operations
Lukoil, a private Russian oil producer, has agreed to lend Azeri state oil firm Socar $1.5 billion. This deal will allow Socar’s Turkish STAR refinery [more…]
Constellation Brands surpasses expectations with strong Q2 performance
Constellation Brands, the owner of popular beer brands Modelo Especial and Corona Extra, exceeded analysts’ predictions in its fiscal second quarter of 2024. The company [more…]
Major plunge in Alstom shares as company slashes cash flow forecast
Alstom, the French train manufacturer, experienced a shocking 35% drop in its shares on Thursday after announcing a significant reduction in its free cash flow [more…]
Taiwanese companies to be investigated for assisting Huawei in chipmaking infrastructure in China
Taiwan’s Ministry of Economic Affairs has launched an investigation into four local companies amid reports of their involvement in helping Huawei Technologies establish chip factories [more…]
Resolution reached in U.S.-Mexico labor dispute at Grupo Yazaki auto parts factory
In a significant development, the labor complaint at Grupo Yazaki’s auto parts factory in Guanajuato, Mexico, has been successfully resolved under the United States-Mexico-Canada Agreement [more…]
UBS offers above market deposit rates to attract customers after acquiring Credit Suisse
UBS is making a bold move to attract customers by offering higher-than-average interest rates on deposits. This strategy comes after UBS took over struggling bank [more…]
2030 FIFA World Cup to be hosted by Morocco, Spain, and Portugal across three continents
Exciting news for soccer fans around the globe! The 2030 FIFA World Cup will be hosted by Morocco, Spain, and Portugal, making it the first-ever [more…]
Gilas Pilipinas stuns host China in Asian Games semifinals
In an incredible comeback, Gilas Pilipinas overcame a 20-point deficit to shock host China, 77-76, in the Asian Games men’s basketball semifinals on Wednesday night, [more…]
Discounts on Disney park tickets for families
Attention, families! Get ready for a more affordable trip to Disney’s domestic theme parks. The Walt Disney Company has just announced limited-time discounts on children’s [more…]
Google races ahead in developing smarter voice assistants, integrates Bard AI chatbot into mobile devices
Google is making significant strides in the race to create advanced voice assistants. In a recent announcement, the tech giant revealed its plans to integrate [more…]