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United States
China’s Bytedance Signs Deal to Form Joint Venture to Operate TikTok US App
ByteDance, the owner of TikTok, announced on Thursday that it has executed binding agreements with key investors to establish a joint venture for operating the …
Gabon
Gabon Plans New Housing Tax to Help Tackle Rising Debt
Gabon intends to launch a new housing tax starting in January to support the financing of national requirements amid ongoing debt growth. The nation is experien…
Nuclear Reactor
France’s EDF Raises Cost Estimate for Six Reactors to 72.8 Billion Euros
France's state-owned utility EDF has announced that it will limit the construction costs for six new nuclear reactors to 72.8 billion euros ($85.29 billion)…
Andorra
Andorra Telecom’s 5G Upgrade Doubles Speed and Capacity for Users Nationwide
Andorra Telecom has completed the nationwide expansion of its 5G network using the 3.5GHz band, delivering increased capacity, higher speeds, and greater reliab…
Kenya
Bamburi Cement Signs US$250M EPC Deal for Kwale Clinker Plant
Bamburi Cement has entered into a US$250 million engineering, procurement, and construction contract with China's CBMI Construction Co., Ltd for a new clink…
China
Venergy Steps Into Boxships With Feeder Newbuild Deal in China
Venergy Maritime, a Piraeus-based shipping company led by Vyron Vasileiadis, has placed an order for up to four 1,900 TEU feeder containerships at CSSC's Hu…
SMR
Holtec Signs MoU for SMRs in Hungary
Holtec International, a U.S.-based company, has signed a memorandum of understanding with Hungary's MVM to assess the potential implementation of Holtec'…
Germany
BASF | Nunhems Launches Breakthrough in Carrot Innovation With Percyst Carrots
BASF's vegetable seeds business, marketed under the Nunhems® brand, has introduced the Percyst® brand of carrots. This new variety represents the re…
Metal
Silver Price Surpasses $66 for First Time
Spot silver advanced significantly on Wednesday, reaching a new all-time high above $66 per ounce for the first time. The metal climbed as much as 4% to $66.50 …
Germany
BASF to Divest Its Optical Brightening Agent Business to Catexel
BASF SE, headquartered in Ludwigshafen, Germany, has entered into an agreement with Catexel for the sale of its optical brightening agent business. These agents…
Electricity Transmission
Hitachi Energy Secures SSEN Transmission Contract for HV DC Converter Stations
Hitachi Energy has obtained contracts from SSEN Transmission to provide high-voltage direct current (HVDC) converter stations for two significant subsea cable c…
United States
American Airlines Ramps up Premium Upgrades to Regain Ground on Delta, United
American Airlines is placing a strong emphasis on premium offerings to strengthen its position in the industry. The carrier is introducing enhancements such as …
Brazil
BASF Expands Agricultural Credit and Biologicals to Reach 20% of Brazilian Revenue
BASF has formed a collaboration with Farmtech, a company focused on rural credit and financing for agricultural inputs, to offer credit options to producers dur…
Electric Vehicle Battery
Tesla Ramps up Battery Cell Investments at German Gigafactory
Tesla has announced plans to establish production capacity for up to 8 gigawatt hours of battery cells annually at its gigafactory in Gruenheide, near Berlin, G…
United States
US FAA to Spend $6 Billion on Air Traffic Telecom, Radar
The U.S. Federal Aviation Administration (FAA) is allocating $6 billion by the end of the current year to upgrade air traffic control telecommunications infrast…
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