Japan’s Sumitomo to invest $10bn in UK’s clean energy projects
Japan’s Sumitomo has signed a memorandum of understanding (MoU) with the UK, committing to inject £7.5bn ($10bn) into infrastructure and …
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Maersk boosts presence in northern Peru with new Olmos facility
Danish shipping and logistics giant A.P. Moller–Maersk (Maersk) has unveiled a new logistics facility in Olmos, Peru. The new packing and …
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Unlocking fast fibre broadband’s full potential
Expected growth in high-speed broadband services is projected to continue, driven by both consumer needs and government initiatives aimed at …
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‘Digital sovereignty key’ amid growing AI investment, geopolitical tensions
The need for countries to ensure digital sovereignty with control over infrastructure, data and systems is critical as the artificial …
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Von der Leyen says trade with China is “explicitly rigged” as tensions brew
European Commission (EC) President Ursula Von der Leyen blamed China for unfair trade practices while addressing the European Parliament on …
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Checkpoint Systems launches new $40m factory in Mexico city
Checkpoint Systems, a US-headquartered company owned by Canada-based CCL Industries, has unveiled its new $40m manufacturing facility in Mexico City, …
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Top four lessons from the art of the tariff deal
Believers will say it’s been months of 4D chess. But believers of the US tariff policy are few and far …
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Mondelez urges further delay to EU deforestation law
Mondelez International has called for a further delay to the EU Deforestation Regulation (EUDR), saying it must be “workable” in …
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‘Nowhere to hide’ in global economy from effects of Trump tariffs
There is nowhere to hide from the direct effects of the ‘Trump tariffs’ on costs and their indirect effects via …
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Arctech sets up new European operations centre in Valencia, Spain
Arctech, a California-based provider of intelligent solar trackers, has officially opened its new operations centre in Valencia, Spain. This strategic facility …
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AI power demand poses global supply risks, says Hitachi Energy
The increasing electricity consumption by tech companies for AI training poses risks to global power supply stability, according to Hitachi …
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Dubai launches digital real estate investment collaboration
The Dubai Land Department has signed a memorandum of cooperation with Singapore-based Crypto.com to develop an investment framework for digital …
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Samsung cancels Mexican auto parts plant
Samsung Electro-Mechanics Company, an electronic parts manufacturer belonging to South Korea’s Samsung Group, has abandoned plans to build an automotive …
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Groq launches its first European data centre in Helsinki
US-based artificial intelligence (AI) chipmaker Groq has unveiled a new data centre in Helsinki, Finland. The new facility will cater to …
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US eases chip software export rules to China
The US has removed export restrictions on semiconductor design software to China, signalling a de-escalation in trade tensions between the …
