BP Singapore and Pavilion Energy Trading & Supply has signed a sale and purchase agreement (SPA) for the supply of around 0.8 million tonnes of liquefied natural gas (LNG) per year to Singapore for 10 Years from the year 2024. Both the companies will work together to implement greenhouse gas (GHG) quantification and reporting methodology. […]
The largest food delivery app of U.S. DoorDash launches in Japan, it is one of the largest on- demand logistics platform for door to door delivery in the U.S. This flags the company’s first expansion in Asia and third country outside U.S including Canada and Australia. To empower local economies DoorDash continues to invest in […]
The American Billionaire Jeff Bezos to fly on the first crewed space flight to outer space with his brother Mark from the rocket company Blue Origin Next month. This comes after billionaire Jeff Bezos steps down as the Chief Executive Officer of Amazon the multinational technology company. Jeff Bezos will join his brother Mark Bezos […]
The new treatment for Alzheimer’s disease has been approved by the regulators of USA nearly after 20 years. This approval will trigger pressure to make it available worldwide despite of its mixed evidence over its efficacy. Aducanumab targets the Underlying cause of Alzheimer’s, the most common form of dementia. Food and Drug Administration (FDA) of […]
The companies Samsung SDI and SK Innovation consider to establish additional joint ventures with their clients in Europe to provide stable supply sources for electric vehicle batteries. As the Global battery leaders such as LG Energy Solution (LGES) and China’s CATL are stocking up their production might across the globe, the Korean firms are in […]
The consumer goods company Reckitt Benckiser to sell infant nutrition formula to Primavera Capital for $2.2 billion. Reckitt Benckiser will retain an 8 per cent stake in the unit and it will see net cash proceeds of about $1.3 billion, which it plans to reduce the debt, the company said in a statement. The company […]
Qatar’s Commercial Bank has announced an offer to acquire 15.2 per cent of the issued capital of National Bank of Oman. This deal is expected to boost Commercial Bank’s stake over 50% keeping it as the biggest shareholder ahead of the government of Oman’s 26.18% stake. Commercial Bank in a statement said according to the […]
The National Aeronautics and Space Administration is an independent agency ( NASA ) of the U.S. has selected two new Missions to study Venus. The mission which is the part of NASA’s discovery program aims to understand how Venus became an inferno like planet when most of the characters are similar to our planet. From […]
The Oil Giant Petronas Carigali Sdn Bhd has granted its Deepwater EPCIC Contract to FMC Wellhead Equipment Sdn Bhd, a subsidiary of TechnipFMC. The contract includes construction, Engineering, Procurement, Commissioning and Installation for subsea production system, Umbilical, Riser and Flowline (SURF) for its Limbayong Deepwater Development. The signing was held virtually it was represented by […]
The electric car giant Tesla to buy $1 billion worth Australian minerals for batteries and engines The minerals include Australian Lithuim, nickel and other critical minerals. Robyn Denholm, the Chairwoman of Tesla, said in a speech during a Minerals Council of Australia event. “Australia has the minerals to power the renewable energy age throughout the […]
The Competition and Markets Authority of United Kingdom has announced the approval of the joint venture between Telefonica and Liberty Global to club Virgin Media and O2. The combination between Liberty global and Telefonica will create a strong competition in UK market and also will support the expansion of Virgin Media’s giga network and O2’s […]
Japan has approved semiconductor research project with Taiwan Semiconductor Manufacturing Company ( TSMC ) to develop chip technology worth $338 million. The chip making plants in Taiwan are among the largest and most advanced in the world, and the project is intended to boost Japan’s competitiveness in a key sector. The current move comes as […]
