Elon Musk’s space transportation company SpaceX is targeting a raise of $25 billion through an initial public offering (IPO) in the coming year, in a move that will give...
Equinor and its partners in the huge new Arctic oilfield Johan Castberg will invest $396 million (4 billion Norwegian crowns) to construct the first tie-back of another discovery to...
Foxconn, the world’s largest contract electronics manufacturer, announced on Friday plans to invest T$15.9 billion (US$509.94 million) to construct its new headquarters in Kaohsiung, southern Taiwan. The project will...
By 0820 GMT, the rand was at 16.84 to the dollar, up 0.2 percent from the previous session and close to its strongest level this year. At the current...
The Saudi Industrial Development Fund has approved up to 5,000 projects — representing about 40 percent of the Kingdom’s industrial base — with a total investment value nearing SR200...
After months of shifting political dynamics, stalled negotiations, and rising regional tensions, Israel and Egypt are once again moving forward on one of the largest energy agreements ever signed...
India plans to continue buying cheap crude oil from Russia, despite sanctions imposed on major Russian oil companies by the United States and Europe. Indian Prime Minister Narendra Modi...
A new report recommends European companies avoid an overreliance on China or the US in their supply chains, as companies find themselves squeezed between Beijing’s preferential policies for local...
Microsoft is betting big on India’s AI future. CEO Satya Nadella announced on Tuesday that the company will invest $17.5 billion over four years in the country, its largest...
Vingroup will invest $3 billion in Telangana for developing a “multi-sector ecosystem” that will include India’s first large-scale electric taxi fleet, mobility-as-a-service platform, and real estate projects, said the...