US immigration raid in Hyundai EV-battery plant spooks foreign businesses
An immigration raid at a Hyundai plant in Georgia, US, last week has set off alarms among foreign businesses in …
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Mitsubishi Electric to take full ownership of Nozomi Networks in $883m deal
Japanese multinational Mitsubishi Electric is set to fully acquire Nozomi Networks, a US-based provider of operational technology security solutions, in …
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BAE Systems inaugurates engineering facility in Minnesota, US
BAE Systems, a British arms and security company, has unveiled its new engineering and product development facility in Maple Grove, Minnesota, …
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Volkswagen plans to invest in US amid tariff strain
Volkswagen is in advanced discussions with the US government regarding potential investments in the country, Reuters reported. The discussions come as …
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Anglo American and Teck Resources announce merger to create Anglo Teck
British multinational Anglo American and Canadian mining firm Teck Resources have announced a merger of equals to create Anglo Teck, …
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Hitachi Rail expands US footprint with new $100m Hagerstown site
Hitachi Rail, part of Japanese conglomerate Hitachi, has unveiled its new manufacturing facility in Hagerstown, Maryland, US. Spanning almost 27,870sqm, Hitachi’s new site represents …
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Dubai: Preserving Inter-Generational Wealth in an Evolving Global Landscape
Inter-generational wealth transfer is rising in the Middle East, projected to exceed USD 1 trn by 2030. This wealth is …
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Italy’s renewable energy delays could miss EU carbon emission goals: report
Italy may struggle to meet its carbon emission reduction commitments due to delays in renewable power generation and energy storage …
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US immigration authorities raid Hyundai’s battery JV in Georgia
US immigration authorities have raided the site of a new joint venture between South Korea’s Hyundai Motor Group (HMG) and …
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Schneider Electric launches new $55m plant in Scarborough, UK
French energy management and automation company Schneider Electric has opened a new smart manufacturing plant in Scarborough, North Yorkshire, UK. …
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Developer and states sue US government for stop-work order against wind project
The states of Rhode Island and Connecticut, along with the developer of the Revolution Wind offshore wind farm, have filed …
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Trump warns of tariffs on semiconductor imports
President Donald Trump has issued a renewed warning regarding the imminent imposition of “fairly substantial” tariffs that will come into …
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Enzene Biosciences forays into the US with new $50m Hopewell facility
Enzene Biosciences, part of Indian pharmaceutical company Alkem Laboratories, has unveiled its new $50m biomanufacturing facility in Hopewell, New Jersey, US. Initially …
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Building ethical AI in the Middle East
According to PwC, artificial intelligence (AI) is set to add $320bn to the Middle East’s economy by 2030, The UAE …
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UK and Saudi Arabia announce $483m of joint investments
The UK and Saudi Arabia have announced £360m ($483m) of joint investments set to create 187 jobs across both countries. …
