Russia’s Rostec and India team up for tank ammo production
In a move that underscores the deepening ties between Moscow and New Delhi, Russia’s state-owned Rostec corporation announced on Thursday that its weapons export unit [more…]
Northvolt’s bold expansion plans hit roadblock
Northvolt, a Swedish lithium-ion battery manufacturer, long heralded as a trailblazer in European battery cell production, is now navigating choppy waters. As carmakers worldwide shift [more…]
South Korea slaps record fines on Credit Suisse for short-selling violations
In a turn of events, South Korea’s financial watchdog has slammed the gavel down on two subsidiaries of the erstwhile Credit Suisse group for their [more…]
Skydance and National Amusements, a blockbuster deal in the making
In a twist worthy of a Hollywood script, Skydance is on the brink of merging with National Amusements, reviving a deal that seemed dead just [more…]
Maritime giants merge in $1.11 billion deal
Imagine a bustling boardroom in Norway where the high-stakes world of supply shipping and marine services converges. On a seemingly ordinary Tuesday, the Norwegian supply [more…]
S&P Global sounds the debt alarm
In a not-so-surprising twist, S&P Global has painted a rather grim picture for the future of debt levels in major economies, including the United States, [more…]
Saudi Arabia’s latest oil and gas discoveries
In the heart of the Arabian Peninsula, amidst the vast expanse of the Eastern Province and the mysterious depths of the Empty Quarter, a new [more…]
Mt. Gox’s $9 billion bitcoin payout, a boon for investors, a jolt for the market
In a dramatic turn of events, the long-defunct Tokyo-based bitcoin exchange Mt. Gox is set to return nearly $9 billion worth of tokens to its [more…]
Boeing reacquires Spirit AeroSystems to boost safety and quality control
In a surprising move, Boeing has decided to reacquire Spirit AeroSystems, the fuselage maker it spun off nearly two decades ago. This bold all-stock transaction, [more…]
Germany and Morocco to forge a green future
In a move set to reshape the energy landscape, Germany has forged a climate and energy alliance with Morocco, aiming to propel renewable energy expansion [more…]