In spite of ongoing concerns about a global economic slowdown, the initial public offering (IPO) market is showing signs of life

Especially in Asia, the global IPO market is exhibiting signs of life as the stock market recovery has empowered corporations to gauge investor interest in fresh listings. The likelihood of a full recovery, however, remains low. Data collated by Bloomberg shows that the first two months of the ye...

Six all-electric Suzuki vehicles will be introduced to the Indian market by the end of the fiscal year 2030.

On Thursday, Suzuki Motor Corporation of Japan announced that, as part of its expansion strategy, it will introduce six battery electric vehicles in India by FY2030, and that it will be carbon neutral by 2070, meeting the government's aim. Suzuki Motor Corporation (SMC) has stated in its busi...

To better serve its customers, Deepak Fertilisers has decided to split its mining chemicals and fertiliser operations.

Deepak Fertilisers and Petrochemicals Corporation (DFPCL), a producer of industrial chemicals and fertilisers, stated on Thursday that it will demerge its mining chemicals and fertilisers businesses as part of a corporate restructuring plan. According to a statement released by the firm, the boar...

Subsidiaries of Westlake Chemical Corporation have agreed to reduce harmful air pollution at three chemical plants in the United States

Westlake Chemical Corporation's five subsidiaries — Westlake Chemical OpCo LP, Westlake Petrochemicals LLC, Westlake Polymers LLC, Westlake Styrene LLC, and Westlake Vinyls, Inc. — have agreed to spend $110 million on upgrades and compliance measures to resolve allegations that th...

Beanstock stocks worth €12 million will be used to expand outside the borders of France

Beanstock, a French buy-to-let investment platform, has raised €12 million in the capital, disrupting the traditional real estate market. 360 Capital led the Series A investment, which included Entrée Capital, PropTech1, FJ Labs, and previous investors Axeleo and Realty Corporation.

Enercap, located in the UAE, has received a $20 million investment from a US corporation

Burkhan International Development Corporation (BIDC), a US-based firm, announced a $20 million investment in the UAE-based Enercap Holdings (Enercap), the holding company behind the creation, development, production, and commercialization of Supercap Energy Storage.

The investment by BI...

ADNOC Announced as the Fastest-Growing Brand of Oil and Gas in the World

The Abu Dhabi National Oil Corporation has been announced as the world’s fastest-growing brand of oil and gas. A study reveals that the Chief Executive Officer of the oil and gas giant, Dr. Sultan Al Jaber, has been ranked the highest in the world outside of China and the United States. Thi...

ADNOC Establishes Debt Issuing Unit for Boosting Oil Production Capacity by 2030

The oil and gas giant of the United Arab Emirates, Abu Dhabi National Oil Corporation, has established a new debt issuing unit in order to assist in funding its projects, including the increase in oil production capacity from the current 4 million barrels per day to 5 million barrels per day by 2...

UAE Should Hold COP28 Talks on Oil and Gas

The third-biggest producer of OPEC is going to host the COP28 in the United Arab Emirates in 2023.

On 18th January, the Minister of Industry and Advanced Technology of the UAE, Dr. Sultan bin Ahmad Sultan al Jaber, said that the discussions during the COP28 should also include the input...

PTT Announces Joint Venture for New Battery in Thailand

Thailand’s PTT and the Global Power Synergy Corporation have announced a joint venture to support the electric vehicles production plan of the PTT.

The Chief Executive Officer and the President of PTT, Auttapol Rerkpiboon, said that the Singaporean oil and gas company has created ...

Drone Attack in the UAE Kills 3

The Abu Dhabi Police has reported that a suspected drone attack caused an explosion that struck 3 oil tankers and a fire at the Abu Dhabi International Airport resulting in the death of three individuals and wounding another six on Monday.

The dead have been identified by the police tha...

ENEC Announces to Produce 85 Percent of the Clean Electricity of Abu Dhabi by 2025

The Chief Executive of the Emirates Nuclear Energy Corporation has announced that it is ready to produce 85 percent of clean electricity for Abu Dhabi by 2025. The company’s move is aligned with the UAE’s inclination towards green or renewable energy products.

The CEO of the...

ADNOC Allocates 946 million Dollars for the Umm Shaif field

Abu Dhabi National Oil Corporation has signed a 946 million dollars contract for increasing oil production capacity at its offshore Umm Shaif field. The company intends to boost its oil production capacity from the current 4 million barrels per day to 5 million barrels per day by 2030.

...

Singapore’ Successful Economic Model

The government of Singapore has curated its economic future for decades with help from the state-group champions and by changing its policies as per the need of the global economy.

Now, the several shocks of the pandemic have pushed the country to rewrite one of the most successful econ...

GME’s stocks ascend

Highlights:

A company that was about to fade away a group of investors on Reddit got it to life. This is a perfect example to be studied by Traders.

GameStop Corporation were expecting a double-digit rise soon after a report was released that it that a marketp...

Improving Crowd Experience at Thailand Stadium

Mahajak Development Corporation Limited has installed several Harman Professional audio products to enhance the entertainment experience for spectators at the Nakhon Ratchasima Sports Complex.

Mahajak said that the complex required a new system with better quality, clear sound, and low ...

US Auto Firms to use Thailand as a Production Base

US auto firms want to keep their production base in Thailand with more focus on electric vehicles (EV). On Wednesday, Ford Motor Corporation announced that it was investing 900 million US dollars to upgrade Thai factories that build its Everest SUVs and Ranger pickups.  

After...

NTPC grabs projects in Cuba to setup Solar plants

National Thermal Power Corporation Limited (NTPC) has gained contracts for setting up solar plants in Cuba. The NTPC has rafted these projects from the International Solar Alliance (ISA) in Cuba.

In these projects the NTPC will help set up solar power plants in Niger, Cuba and Malawi. T...

CHINA’S DEMAND FOR INTERNATIONAL TRADE TALENT; SPENDING ON IT RISE

Highlights –

• China’s demand for international trade talent; spending on IT rise.
• The country's demand for such talent grew 11.2 percent year on year.
• China's spending on information technology (IT) grow 10 percent year o...

CHINA’S EXPORTS AND IMPORTS RISE; SHIPMENTS OF WEARABLE DEVICES RISE

Highlights –

• China’s exports and imports rise; shipments of wearable devices rise.
• Makers of wearable devices in the country shipped 27.29 million units in Q1 of 2021.
• China's total imports and exports expanded 28.2 percent ...