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South Korea
Greek Owner JHI Steamship Books Aframax Tankers in South Korea
Greek shipowner JHI Steamship has placed its first-ever newbuilding order in South Korea, marking a milestone in the company’s fleet expansion strategy. T…
China
Soybean to Purchase 12 Mln Tons of US Soybeans This Year
China has agreed to purchase 12 million tons of U.S. soybeans in 2025, offering long-awaited relief for American farmers after years of weak exports. U.S. Treas…
United Kingdom
Deal Done for £3.9bn South Mimms Data Centre
DC01UK has completed the sale of its 85-acre South Mimms data centre site in Hertfordshire to Equinix, marking one of the largest infrastructure and real estate…
Electric Vehicles
Ford to Make New Engines in India With $370 Million Investment
Ford Motor Co. (F.N) plans to invest about 32.5 billion Indian rupees ($369.76 million) in India to produce new engines, according to a person familiar with the…
United States
Amazon Shares Soar as Cloud Growth Beats Expectations
Amazon (AMZN.O) reported its fastest cloud revenue growth in nearly three years, lifting the company’s shares by 14% in after-hours trading and prompting …
Coal-Fired Power Plants
Indian Firm Megha’s Unit Buys Coal Plant From Abu Dhabi’s Taqa
Indian company Megha Engineering & Infrastructures Ltd. (MEIL) announced on Thursday that it has acquired a thermal power plant in the southern state of Tamil N…
India
Maersk’s APM Terminals Eyes $2 Billion Investment in Indian Port
Danish shipping company Maersk (MAERSKb.CO) announced on Thursday that its port operations subsidiary, APM Terminals, may invest approximately $2 billion to exp…
Canada
Railroad Operator Canadian National Lays off 400 Managers
Canadian National Railway (CNR.TO) has laid off around 400 management employees across its offices in Canada and the United States, according to a report by the…
United Arab Emirates
Chinese State Company to Build Dubai Towers
China Railway 18th Bureau Group, part of state-owned China Railway Construction Corporation, has secured a contract valued at about $272 million (AED 1 billion)…
Ukraine
EU and Ukraine Agree on New Poultry Import Quotas
Under a recent review of the EU-Ukraine Deep and Comprehensive Free Trade Area (DCFTA), Ukraine’s annual poultry export quota to the EU will increase by one-th…
Spain
Topsoe SOEC Technology Selected for Forestal’s E-Methanol Plant
Topsoe, a provider of advanced technology for the energy transition, has signed an offtake agreement to supply its solid oxide electrolyser cell (SOEC) technolo…
South Korea
Yokogawa Deploys Multiple Autonomous Control AI Agents at Aramco Facility
Yokogawa Electric Corporation, headquartered in Tokyo, Japan, has reached a major milestone in industrial artificial intelligence deployment through its collabo…
Metal
Copper Fox Metals Initiates Drilling Programme at Mineral Mountain Project in Arizona
Copper Fox Metals and its subsidiary Desert Fox Mineral Mountain have commenced a diamond drilling programme at the Mineral Mountain porphyry copper project in …
Malaysia
Lynas to Build New HRE Separation Facility in Malaysia
Lynas Rare Earths is set to establish a new heavy rare earth (HRE) separation facility in Malaysia to meet rising global demand for a reliable supply of HRE oxi…
Metal
Glencore Reports Lower Copper Production in First Nine Months
Glencore (GLEN.L) announced on Wednesday that its copper production for the first nine months of the year dropped 17% due to lower ore grades at certain mines, …
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