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Sweden
Skanska Aims for Higher Construction Profit Margins
Swedish construction company Skanska announced on Tuesday that it has raised its financial target for the operating margin of its construction division to a min…
United States
US Lifts Tariffs on Most Fertilizer Imports
On Tuesday, the White House announced that key nitrogen and phosphate fertilizers, along with other agricultural products, are exempt from U.S. import tariffs t…
Mexico
Mexico’s ASUR Buys Motiva’s Latin American Airports in $2.2 Billion Deal
On Tuesday, Mexico’s Grupo Aeroportuario del Sureste (ASUR) signed an agreement to acquire the airport portfolio of Brazilian infrastructure operator Moti…
Electric Vehicles
Tesla Gets Permit for Ride-Hailing Service in Arizona
Tesla has received a permit to operate a ride-hailing service in Arizona, the state Department of Transportation announced on Tuesday, marking a step forward in…
Solar Panel
Holosolis Raises $255 Million to Help Build Solar Panel Factory in France
French company HoloSolis announced that it has secured more than 220 million euros (about $255 million) in financing to support the construction of a large-scal…
Metal
African Rainbow Minerals Considers Papua New Guinea Copper Venture With Newmont Corp
African Rainbow Minerals (ARM) Chairman Patrice Motsepe said on Tuesday that the company is assessing a major copper project in Papua New Guinea in cooperation …
Coal-Fired Power Plants
EU Approves $2 Billion Subsidy for German Coal Exit
On Tuesday, the European Commission approved a €1.75 billion (about US $2.03 billion) compensation payment from Germany to Lausitz Energie Kraftwerke AG (L…
United Kingdom
Exxon to Close Scottish Chemicals Plant in 2026 Amid Market Uncertainty
Exxon Mobil announced on Tuesday that it will close its Fife Ethylene Plant in Scotland in February 2026. The company said the site is no longer competitive bec…
South Korea
South Korea Agrees to Join UAE’s Stargate AI Data Centre Project
South Korea announced on Tuesday that it will cooperate with the United Arab Emirates on the U.S.-supported Stargate project, which aims to build a large artifi…
Electric Vehicles
GAC Group, Alibaba Cloud Expand Partnership Into Full-Stack AI
GAC Group and Alibaba Cloud signed a strategic cooperation agreement on November 14 to expand their partnership into comprehensive artificial intelligence appli…
SMR
Aecon and Norsk Kjernekraft Aim to Develop SMRs in Norway
Aecon, the lead contractor for Canada’s first small modular reactor project, has signed a strategic cooperation agreement with Norwegian private nuclear d…
United Arab Emirates
$46.3 Billion UAE Infrastructure Investment
The UAE plans to invest $46.3 billion in transport infrastructure development through 2030, aiming to enhance traffic flow, reduce congestion, and support growi…
Photovoltaic (PV)
First Solar to Open Gaffney Production Facility in South Carolina, US
First Solar announced plans on Monday to build a new production facility in Gaffney, South Carolina, with an investment of around $330 million. The plant is sch…
Smart Grid
Shanghai Electric and Siemens to Drive Green Digital Power Grid Transformation
Shanghai Electric and Siemens signed a framework agreement on Monday at the 8th China International Import Expo to accelerate the green digital transformation o…
France
EDF, OpCore to Develop 4-Billion-Euro Data Centre in France
French utility EDF and OpCore, a joint venture formed by telecoms group Iliad and InfraVia Capital Partners, announced on Monday that they have entered into exc…
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