Telefónica to sell Mexico unit for $450m
Spanish telecommunications group Telefónica has agreed to sell its Mexican operations for $450m to Melisa Acquisition. The buyer is a consortium …
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Blackstone and Tinicum to acquire Senior in £1.39bn deal
A consortium comprising US-based alternative asset manager Blackstone and private investment entity Tinicum has agreed to acquire Senior in a …
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ING ends agreement to sell Russian business
Dutch multinational banking and financial services company ING has terminated its agreement to sell ING Bank (Eurasia) JSC to Russia-based …
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Brazil lists BYD unit over labour violations in Bahia
Brazil’s labour ministry has placed BYD Auto do Brasil on its “dirty list” following allegations tied to a factory construction …
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New Zealand resumes development funding of Cook Islands after signing defence and security pact
New Zealand and the Cook Islands have signed a defence and security declaration in Rarotonga, with New Zealand set to …
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Amazon’s Bahrain cloud centre hit in Iran strike, reports say
Amazon’s cloud computing operations in Bahrain sustained damage following an Iranian strike, according to a person familiar with the situation, …
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Intel agrees $14.2bn buyback of chip fab JV stake in Ireland
Intel has agreed to buy back the 49% equity interest in the Fab 34 joint venture (JV) in Ireland that …
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Samsung Biologics acquires GSK’s facility in Maryland, US
South Korea-based Samsung Biologics has completed the acquisition of GSK’s Human Genome Sciences manufacturing facility in Rockville, Maryland, marking the company’s …
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Resolute, NMC sign MoU for gold exploration in Guinea
Resolute Mining has entered into a strategic memorandum of understanding (MoU) with Nimba Mining Company (NMC) to explore potential gold …
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Microsoft to invest $1bn in Thailand’s cloud and AI infrastructure
Microsoft has announced plans to invest more than $1bn in Thailand between 2026 and 2028, focusing on cloud and artificial …
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Eli Lilly calls for NHS drug price rises tied to UK investment plans
Eli Lilly has stated that it will only resume investment in the UK if the government agrees to regular increases …
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Changan launches vehicle production in Brazil
Changan Automobile officially launched production at its new plant in Anapolis, Brazil, as the Chinese state-owned automaker continued to step …
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Iranian attacks disrupt aluminium production in UAE, Bahrain
Iranian missile and drone attacks have inflicted significant damage on two major aluminium production facilities in the UAE and Bahrain, …
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European Parliament approves EU-US trade pact with safeguards
The European Parliament voted to approve legislation enabling a trade agreement between the European Union (EU) and the US, following …
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Dubai’s AriseIIP to help draw $3bn investment for industrial projects across Kenya
(The original version of this story, published on March 26, has been amended, after AriseIIP clarified to this publication that …
