Australia’s green transition faces challenges as metal price slump
Amid a prolonged slump in the prices of metals crucial for electric vehicle (EV) batteries, Australia’s ambitions to become a significant player in the global [more…]
Amazon partners with Mexico’s Kueski to offer installment payments
Amazon is joining forces with Mexican fintech Kueski to introduce a new payment option for its customers in Latin America’s second-largest economy. The partnership will [more…]
Lucid Motors secures aluminum supply deal with Ma’aden Rolling
Lucid Motors, the US-based electric carmaker, is poised to fortify its supply chain with high-quality aluminum panels through a strategic agreement with a subsidiary of [more…]
Saudi Arabia and Kenya strengthen trade collaboration in energy sector
Saudi Energy Minister Prince Abdulaziz bin Salman recently welcomed Davis Chirchir, his Kenyan counterpart, for discussions aimed at strengthening trade collaboration between the two nations. [more…]
Taiwan’s troubled power utility jeopardizes its clean energy goals and status as a chip manufacturing hub
Taiwan’s ambitions for clean energy and its position as a global hub for chipmakers are facing significant challenges due to the precarious financial situation of [more…]
Kubota North America fined $2 million for false claims
The U.S. Federal Trade Commission (FTC) has announced that tractor-maker Kubota North America will pay a $2 million civil penalty for falsely labeling some of [more…]
Hong Kong business group and Cathay Pacific partner to boost sustainable fuel adoption
A prominent Hong Kong business group, in collaboration with Cathay Pacific and 11 other partners, is spearheading efforts to enhance public-private cooperation aimed at accelerating [more…]
Flutter lists on NYSE
On Monday, Flutter, the parent company of FanDuel, made its debut on the New York Stock Exchange, providing U.S. investors with an alternative investment opportunity [more…]
Amazon and iRobot terminate acquisition deal due to regulatory uncertainty in the Europe
In a joint announcement on Monday, Amazon and iRobot revealed that they have decided to terminate their planned acquisition agreement. The decision comes as a [more…]
John Lewis Partnership contemplates significant job cuts to accelerate restructuring efforts
The renowned owner of John Lewis department stores and Waitrose supermarkets, is reportedly considering a substantial reduction in its workforce over the next five years. [more…]