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Category: Industries
Nippon Steel to acquire U.S. Steel with $16b in loans to be funded by 3 megabanks in Japan.
Sumitomo Mitsui Financial Group, Mitsubishi UFJ Financial Group, and Mizuho Financial Group, plan to lend Nippon Steel a combined $16 billion for its planned acquisition
Toyota subsidiary that faked safety tests for 30 years sees a long wait to reopen factories.
On Monday, a Japanese carmaker that had falsified safety testing for decades stated that it has no plans to start selling cars again anytime soon.
Tata adopts a green steel business with a $634m investment from the British government and sheds 2,800 jobs.
To reduce costs and improve sustainability, Indian company Tata Steel said on Friday that it would close both of its blast furnaces at its Port
Irish Smurfit Kappa acquires U.S WestRock in $11b deal to emerge the world’s leading packaging firm.
The world’s largest paper and packaging company will be created when Ireland’s Smurfit Kappa acquires American rival WestRock for an agreed $11 billion, in an
Heineken sells Russian assets, including 7 breweries for $1.08 at a loss of $325m.
The Russian arm of the Dutch brewer Heineken has been sold for just one euro; the company said on Friday, 18 months after Moscow began
Japan’s Toyota to change the face of EVs with all-solid-state batteries and a charging time of 10 minutes.
In response to growing criticism that Japan’s top manufacturer needs to do more to combat climate change, Toyota announced on Tuesday that it has ambitious
Australia’s Allkem and US rival Livent will combine in an all-stock merger to form a $10.6b lithium giant.
A $US10.6 billion global lithium force led by Peter Coleman will be formed by the merger of Allkem and Livent, which will be listed on
Apple to adopt industry-leading innovation by using recycled metals in batteries, magnets, and circuit boards.
Apple today revealed a significant acceleration of its efforts to increase the use of recycled materials in all of its products, including a new aim
Tesla plans to build a Shanghai plant to produce Megapack power storage devices.
Tesla Inc., a manufacturer of electric vehicles, intends to erect a factory in Shanghai to produce power-storage products for global distribution, state media said on