JAPAN UNVIELED ITS NEW SUBMARINE ‘THE TAIGEI’ IN WESTERN JAPAN

Highlights –

• Japan unveiled its new submarine ‘The Taigei’ in western Japan.
• The submarine is an effort to boost Japan’s maritime security amid China’s growing assertiveness.
• The submarine weighs 3,000 tons.

HITACHI LTD. CONFIRMS EXIT FROM THE NUCLEAR POWER PLANT PROJECT IN BRITAIN

Highlights –

• Hitachi Ltd. confirms exit from the nuclear power plant project in Britain.
• The Tokyo based company will exit the $28 billion project deal.
• Hitachi was to construct two reactors on the island of Anglesey in northern Wales...

SOFTBANK TO SELL OFF ITS STAKE AT ARM LTD. TO U.S NVIDIA CORP AT $40 BILLION

Highlights –

• SoftBank to sell off its stake at Arm Ltd. to U.S Nvidia Corp. at $40 billion.
• SoftBank Group intends to recover from its recent investment losses by the sale.
• The sale is expected to be completed by around March 202...

China's top policymakers promised more active measures to ensure stable growth next year

China's top policymakers promised more active measures to ensure stable growth next year as the world's second-largest economy faces growing downward pressure in the midst of an ongoing recession and protracted trade war with the US. Their decisions, made public in a statement by the offi...

The creation of LNG river convoys and the intention to deploy the world's first full-electric push boat

For South America's inland navigation, Hidrovias do Brasil and Robert Allan Ltd. formed a partnership to develop LNG. Focused on the Amazon Basin, the plan predicts the creation of LNG river convoys and the intention to deploy the world's first full-electric push boat.

Hidrovias...

First Commercial License for Vinyl Acetate Monomer Engineering Awarded to KBR

Shenghong Refining Petrochemical (Lian Yun Gang) Co. has awarded KBR (NYSE: KBR) a contract for Vinyl Acetate Monomer (VAM) technology. Chinese, Ltd. It is the first commercial VAM software license to be obtained under a KBR-Showa Denko K.K partnership deal. (SDK) to market the VAM software of SD...