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Indonesia
POSCO International to Invest $862 Mln in Indonesian Palm Oil Business
POSCO International has completed a $862 million investment program to establish a fully integrated palm oil value chain in Indonesia, covering plantations, cru…
United States
US Existing Home Sales Increase in October
U.S. existing home sales rose in October as prospective buyers capitalized on declining mortgage rates, despite ongoing challenges from elevated housing costs a…
Power Construction
Siemens Energy to Invest $2.3 Billion in Power Grid Factories by 2028
Siemens Energy has announced plans to invest approximately 2 billion euros (equivalent to 2.3 billion U.S. dollars) in expanding and modernizing its worldwide p…
Armenia
Armenian Firm to Invest amd1.9bn in New Cement Plant
Dragsman Cement, an Armenian cement producer, has received government approval to invest AMD 1.9 billion (approximately US$5.0 million) in a new production line…
Nuclear Power Plant (NPP)
Third San’Ao Unit Under Construction
Construction of Unit 3 at the San’ao nuclear power plant in Zhejiang Province officially commenced with the first concrete pour for its nuclear island on …
United States
World’s Longest Subsea Cable Completed: Meta’s 2Africa Set to Supercharge Connectivity Across Africa
The 2Africa subsea cable system, one of the largest international telecommunications projects ever deployed, has now completed its core network and is fully ope…
India
India Railways Launches Cement-Bulk Transport Reform
Indian Railways has launched a new freight policy designed to significantly increase the transport of bulk cement by rail across the country. The initiative int…
Peru
APM Terminals to Invest $550 Mln in Peru’s Callao Port
APM Terminals, the Dutch-based global port operator, will invest $550 million to expand the Multipurpose North Terminal at Callao Port in Peru, with constructio…
United States
Nutrien Selects US Site for Potash Terminal
Nutrien (NTR.TO), the world’s leading producer of potash fertilizer, announced on Wednesday that it is advancing plans to construct a new export terminal at Lo…
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…
Solar Panel
Holosolis Raises $255 Million to Help Build Solar Panel Factory in France
French company HoloSolis announced that it has secured more than 220 million euros (about $255 million) in financing to support the construction of a large-scal…
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 …
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…
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