Toshiba has unveiled a significant move toward privatization with a 2 trillion yen ($14 billion) tender offer, signaling its intent to revive itself amid past scandals and challenges in the Japanese electronics and energy sector. Leading the tender offer is Japan Industrial
The possibility of a potential strike at an Australian liquefied natural gas (LNG) plant is causing a surge in wholesale gas prices across Europe. The Offshore Alliance union has issued a warning that a strike at the North West Shelf facility could
Coles, a prominent supermarket operator, has reported a substantial boost in revenue from its grocery segment, even as households adapt their shopping habits due to high living costs and an increase in store theft incidents. Australia’s second-largest supermarket chain disclosed a 4.8%
Delhivery, a prominent logistics services provider, has unveiled its digital shipping platform called Delhivery One, aimed at catering to micro and small enterprises. The newly launched platform brings together various essential shipping services for businesses, encompassing post-purchase communication, analytics, international shipping, easy
On its inaugural trading day, Vietnamese electric vehicle (EV) manufacturer VinFast has achieved a stock market valuation surpassing both Ford and General Motors (GM). Although VinFast has yet to achieve profitability, its shares closed at over $37 (£29) each during their debut
Toshiba has unveiled a significant move toward privatization with a 2 trillion yen ($14 billion) tender offer, signaling its intent to revive itself amid past scandals and challenges in the Japanese electronics and energy sector. Leading the tender offer is Japan Industrial
China has announced its decision to remove tariffs on imports of Australian barley, a move that brings an end to a three-year period of trade restrictions impacting significant trade volumes. Prime Minister Anthony Albanese of Australia has welcomed this development, marking a
Japan’s finance ministry has requested X, formerly known as Twitter, to take down an account impersonating its top currency diplomat, Masato Kanda. The ministry issued a rare post in English on the social media platform, urging users not to follow or comment
According to Minister of State for Micro, Small, and Medium Enterprises, Bhanu Pratap Singh Verma, the Micro, Small, and Medium Enterprises (MSME) sector in India has shown remarkable resilience and growth. The data received from the Ministry of Statistics & Programme Implementation
Indonesia and Japan have recently reached an agreement to enhance their economic partnership, particularly in the micro, small, and medium enterprises (MSME) sector. The accord was formalised through the signing of a memorandum of understanding (MoU) between Indonesia’s Ministry of Cooperatives and
American Airlines has raised its earnings outlook for 2023 due to a strong start to the peak travel season, benefiting from the continued surge in demand. Despite this positive outlook, the airline expects its unit revenues to drop by up to 6.5%
