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United States

Nokia Plans $4 Billion AI Investment in the United States

Nokia, the Finland-based telecommunications equipment provider, announced on Friday a planned investment of $4 billion in the United States, focused on research…

Kazakhstan

Kazakhstan Poultry Industry Expansion Takes Off

Kazakhstan has significantly advanced its goal of achieving full self-sufficiency in poultry meat, with the domestic production rate for broiler meat reaching 8…

SAF

Phillips 66 to Supply SAF to DHL for Three Years

Phillips 66 has secured a three-year agreement to supply DHL Group with more than 240,000 metric tons of sustainable aviation fuel (SAF). The fuel will be produ…

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…

Offshore Wind Power

Ocean Winds Secures Celtic Sea Floating Offshore Wind Site in UK

Ocean Winds, a joint venture equally owned by EDP Renewables and Engie, has been awarded development rights for a third floating offshore wind site in the Celti…

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…

China

Foxconn, OpenAI Partner on AI Hardware Manufacturing

Foxconn has entered into a cooperation agreement with U.S.-based OpenAI to jointly design and develop data center racks, related components, and artificial inte…

Crude Oil

Venezuela Approves 15-Year Extension of Russia-Linked Oil Joint Ventures

Venezuela’s National Assembly approved a 15-year extension of the joint ventures between state-owned Petróleos de Venezuela S.A. (PDVSA) and a subs…

Solar Battery (Storage)

Germany’s Largest Solar Battery Storage Hybrid Plant Commissioned

Statkraft, Europe’s largest renewable energy producer, has commissioned Germany’s biggest solar-battery hybrid power plant under the Renewable Energ…

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…

Ukraine

Ukraine Agrees to Establish First Agrohub in Africa

Ukraine’s Ministry of Economy, Environment, and Agriculture and Ghana’s Ministry of Food and Agriculture have signed a Memorandum of Understanding t…

Natural Gas

Egypt Selects Hartree Partners for $4 Billion Natural Gas Deal, Deputy Secretary of State Landau Says

Egypt has chosen U.S.-based energy company Hartree Partners to supply natural gas under a framework agreement valued at approximately $4 billion, U.S. Deputy Se…

Saudi Arabia

Saudi PIF, SITE, Microsoft Sign MoU to Explore Delivery of Sovereign-Cloud Services in Kingdom

The Public Investment Fund (PIF) of Saudi Arabia, Saudi Information Technology Company (SITE), and Microsoft (MSFT.O) signed a memorandum of understanding on We…

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…

Metal

Trafigura’s Nyrstar Casts First Antimony at South Australia Plant

Nyrstar, the zinc and lead smelting subsidiary of Trafigura (NYR.BR), announced on Thursday that it has successfully commenced casting antimony metal at a new p…