US to award billions of dollars in subsidies to semiconductor companies to build new factories.
To assist in the construction of new factories in the United States, the Biden administration is expected to grant billions of dollars in subsidies to
African nations are trapped in a debt cycle, as Chinese loan repayment exceeds the amount they receive in new loans.
China's position as a major lender to developing countries has changed over the past ten years, with fresh loans to poorer nations drastically declining while
Amazon fined $2.5 billion for duping millions of customers with Prime subscription. – FTC.
A historic order has been obtained by the Federal Trade Commission from Amazon.com, Inc., Senior Vice President Neil Lindsay, and Vice President Jamil Ghani. This
Shell, to achieve net zero by 2050 will shut the German oil refinery and divest from Singapore.
Shell stated on Friday that, as part of its effort to lower its carbon emissions, it will close its oil refinery in Wesseling, Germany, by
Japan will sell the Tokyo Metro in a bid to raise $2b for the rehabilitation of the Fukushima region.
Tokyo Metro Co., which runs the majority of the metro system in the Japanese capital, is preparing to go public. This is a significant attempt
Chinese EV companies will “demolish” their global rivals without trade restrictions. -Elon Musk
The CEO of Tesla, the leading US EV manufacturer, Elon Musk, highlighted the pressure on his company on Wednesday when he claimed that Chinese manufacturers
The $1.3b Chinese-funded Zungeru power plant comes on stream with Nigerian managers.
Almost a year after securing the concession, Nigeria’s Mainstream Energy, which now manages two of the largest hydroelectric plants in the nation, has started to
Diplomats’ first alcohol store is set to open in Saudi Arabia in a bid to boost tourism and the post-oil economy.
Saudi Arabia is getting ready to launch its first alcohol store in the country’s capital, Riyadh, catering only to non-Muslim diplomats, according to a document
Tullow Oil will get $600 million in free cash flow from Jubilee Oil wells in the next 2 years.
On Wednesday, Tullow Oil announced that the commencement of the Jubilee South East operation off the coast of Ghana had boosted production and exceeded forecasts
Microsoft and MasterCard are developing new tools to transform small businesses by utilizing generative AI.
Software with generative artificial intelligence is taking small firms by storm. A.I. technologies such as OpenAI’s ChatGPT, Google’s Bard, and others are being used by
Mota-Engil, Portugal’s largest builder, wins $1b contracts in Angola and Mexico.
The largest builder in Portugal, Mota-Engil, has signed four contracts in Angola and Mexico worth a combined total of 975 million euros ($1.06 billion). This
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.
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