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Business
Metal
Rio Tinto Sees up to $10 Billion in Divestment Potential
Rio Tinto CEO Simon Trott announced on Thursday a target to unlock between $5 billion and $10 billion through asset sales and productivity improvements as the c…
China
Seaspan Poised to Enter Ethane Carrier Business
Seaspan Corporation has signed a memorandum of cooperation with Cosco Shipping LNG, CSSC Trading, and Jiangnan Shipyard to develop up to six 100,000-cubic-metre…
Metal
BHP Abandons Anglo American Approach, Says Own Growth Plan Compelling
BHP Group announced on Monday that it has ended preliminary discussions with Anglo American regarding a possible business combination and is no longer pursuing …
Indonesia
POSCO International to Invest $862 Mln in Indonesian Palm Oil Business
POSCO International has completed a $862 million investment program to establish a fully integrated palm oil value chain in Indonesia, covering plantations, cru…
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…
Egypt
Al-Nasr Fertilizers Co., Benchmark and Envision Energy Partner to Build a 400,000-Tpy Green Ammonia Plant in Egypt
Engineer Mohamed Shimi, Minister of Public Business Sector, met with a delegation from Envision Energy, led by Vice President Frank Yu, and Benchmark Power Inte…
India
India’s Power Giant NTPC Plans to Enter Coal Gasification Business
India’s state-run power producer NTPC (NTPC.NS) plans to enter the coal gasification sector with a goal of producing 5–10 million tonnes of syntheti…
Metal
Mineral Resources to Sell 30% Lithium JV Stake to POSCO for $765M
Australia’s Mineral Resources (MinRes) announced on Wednesday that it will sell a 30% stake in its operational lithium business to South Korea’s POS…
Canada
Nutrien Expects Higher Global Potash Demand, Eyes Future of Its Phosphate Business
Canadian fertilizer producer Nutrien (NTR.TO) announced on Thursday that it expects global potash demand to increase in 2026, supported by strong crop consumpti…
Canada
Bombardier’s Global 8000 Jet Receives Certification From Transport Canada
Bombardier announced on Wednesday that its Global 8000 business jet has received certification from Transport Canada, marking a key milestone for what is expect…
China
Airbus Cuts Production Rate Target for Its A220 Jet
Europe’s Airbus (AIR.PA) announced on Wednesday that it has lowered its production target for the A220 jetliner, offsetting the positive impact of stronge…
United States
Cargill to Lay Off 80 Workers in Minnesota, More Globally
U.S. agribusiness company Cargill Inc (CARG.UL) announced on Wednesday that it will permanently lay off 80 employees in Minnesota and an unspecified number of w…
France
TotalEnergy Sells Its Greenflex Consultancy Business to Oteis
TotalEnergies SE, based in Paris, announced an agreement to sell its sustainable consultancy and solutions affiliate, GreenFlex, to Oteis, an independent French…
United States
Amazon Says AWS Cloud Service Is Back to Normal After Outage Disrupts Businesses Worldwide
Amazon.com announced that its cloud service, Amazon Web Services (AWS), resumed normal operations on Monday afternoon after a major internet outage that disrupt…
United States
AkzoNobel Aerospace Coatings Launches AS7489-Certified Training Programme
AkzoNobel Aerospace Coatings unveiled its AS7489-certified training programme at the National Business Aviation Association (NBAA) event in Las Vegas on October…
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