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Business
Wind Farm
Innergex, MMBC Close Financing on 102MW Wind Farm
Innergex, a renewable energy company, and Mi’gmawei Mawiomi Business Corporation (MMBC), representing the Mi’gmaq communities of Gesgapegiag, Gespeg…
Electric Vehicles
Xiaomi Group Records 18.1 Billion Yuan of Revenue From Smart EV Business in Q1 2025
On May 27, 2025, Xiaomi Group announced its first-quarter financial results, achieving record-high revenue and profit. The company, based in Beijing, reported r…
CCS
Eni in Exclusive Talks Over Stake Sale in CCUS Business
Italian energy company Eni has entered into an exclusivity agreement with Global Infrastructure Partners (GIP), an infrastructure investor managed by BlackRock,…
Renewable Diesel
TMD Energy Diversifies Into Waste Oil-To-Biodiesel Business
TMD Energy Limited (TMDEL), a Malaysia- and Singapore-based marine fuel bunkering services provider, has announced plans to expand into oil waste collection to …
Battery
Jinko Unveils 520 KWh C&I Battery Storage System
Jinko ESS has introduced its Dolphin 520 kWh battery energy storage system (BESS) tailored for commercial and industrial applications, addressing the diverse en…
Electric Vehicles
GM Confirms to GT Halt on Exporting US-Made Cars to China
General Motors (GM), the U.S.-based carmaker, has confirmed that it has ceased exporting U.S.-made vehicles to China as part of a broader restructuring of its p…
United Arab Emirates
E& Cuts UAE Businesses Slice of Superfast 5G Network
e& UAE has launched the region’s first commercial 5G network slicing product for businesses, leveraging its standalone 5G network. This solution delivers …
Jordan
Ericsson Upgrades Zain Jordan’s Telecom Infrastructure
Ericsson, a global telecommunications company, has partnered with Zain Jordan to enhance digital services, improve customer experiences, and accelerate operatio…
Singapore
Singtel Becomes First Asian Telco to Offer iPhone 5G Network Slicing
Singtel has become the first telecommunications company in Asia to introduce network slicing for enterprise users on supported iPhone and iPad models. This new …
Hydrogen Project
Korea Southern Power Signs Hydrogen Power Plant Development Agreement With Ulsan City
Korea Southern Power and Ulsan City have entered into a business development agreement to build clean hydrogen power plants, marking a significant step in the r…
United States
Verizon Helps Out With $5B Small Business Supplier Accelerator Program
Verizon has pledged $5 billion over the next five years to support U.S. small business suppliers through its newly launched Small Business Supplier Accelerator …
Italy
Fincantieri Achieves Its Best Ever Order Intake and Quarterly Results
Italian shipbuilding company Fincantieri reported its strongest financial performance to date in the first quarter of 2025, supported by record order intake and…
Thailand
Sumitomo Establishes Sulfuric-Acid Storage JV in Thailand
Sumitomo Corp. (Tokyo) has formed a joint venture with NFC Public Company Ltd. (Bangkok), a tank terminal operator in Thailand, to manage a sulfuric acid tank t…
Metal
De Beers to Discontinue Lab-Grown Diamond Business Lightbox
De Beers Group, a leading diamond mining company, has decided to discontinue its lab-grown diamond (LGD) jewelry brand, Lightbox, to focus exclusively on natura…
Electric Vehicles
Geely Automobile to Acquire Full Ownership of Zeekr in Push to Consolidate NEV Business
On May 7, Geely Automobile Holdings Limited announced its plan to acquire all outstanding shares of Zeekr Intelligent Technology Holding Limited, in which it cu…
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