Business

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…

United States

Celanese to Divest Micromax Ink and Paste Business

Celanese Corp., based in Dallas, Texas, has revealed plans to divest its Micromax portfolio of products, a move aimed at enhancing cash generation and reducing …

United Kingdom

UK-India Trade Deal Opens Doors for British Lamb Exports

A newly signed trade agreement between the UK and India is being hailed by exporters for its potential to significantly reduce tariffs on a wide range of goods,…

United States

Bayer to Exit US Seed Treatment Equipment Business, Email Says

Bayer, a German company specializing in pharmaceuticals and agricultural pesticides, has announced its decision to exit the seed treatment equipment business in…

United Kingdom

Three Launches UK’s First Large-Scale ESIM Trial

Three Business has launched the UK’s first large-scale eSIM trial, enabling 50,000 businesses in Birmingham and Bristol to test its network for 30 days be…

LNG

Axpo Bolsters LNG Bunkering Business With Operations at Second Spanish Port

Axpo, a Switzerland-based renewable energy producer, recently completed its first ship-to-ship LNG delivery in Spain. The operation took place at the Port of Al…