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Hydrogen Fuel Cell
BMW Secures €273 Million in Public Funding to Scale Hydrogen Fuel Cell Vehicles
BMW AG has received approximately €273 million in public funding for its Hy2Move project, aimed at developing hydrogen fuel cell technology for passenger c…
Bahrain
Gulf Air Increases 787 Dreamliner Order
Boeing and Gulf Air announced that the Bahrain-based carrier has finalised a firm order for 15 Boeing 787 Dreamliners, with options for three more, aimed at exp…
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…
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…
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…
Nuclear Reactor
US Loans Constellation $1 Billion for Three Mile Island Reactor Reboot
The Trump administration announced on Tuesday that it has provided a $1 billion loan to Constellation Energy Corp to restart its nuclear reactor at a Pennsylvan…
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…
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…
Sweden
Stora Enso’s $5.7b Spin‑off Creates Europe’s Largest Forestry Fund
Stora Enso will spin off its Swedish forest assets into a new publicly listed company, with the demerger expected to be completed in the first half of 2027. The…
Australia
Australia Details Year to September Wheat, Durum Exports
Australia exported 23.49 million tonnes (Mt) of wheat, including durum, in the year to September 30, according to the Australian Bureau of Statistics. This tota…
Germany
BASF Coatings Is Committed to the UN Sustainable Development Goals
The 17 United Nations Sustainable Development Goals (UNSDGs) provide a global plan for peace and prosperity. Adopted in September 2015 at the UN World Summit, t…
United Kingdom
Costain’s £30 Million of Road Upgrades for the UK
Costain has secured a £30m package of works under the Eastern Highways Alliance (EHA) Framework, known as EHF4. The Framework focuses on the next generati…
Nuclear Fusion
Six German States Unite for Fusion Research
Six German states—Bavaria, Hamburg, Hesse, Mecklenburg-Western Pomerania, Saxony, and Schleswig-Holstein—have established the Alliance for Fusion Research to …
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