Basic Materials

Nestlé Expects Chocolate Demand to Drop as Cocoa Prices Rise

Nestlé warns of potential reduced chocolate consumption due to soaring cocoa costs, which may force price hikes and impact consumer demand.


Gold Production on Pause as Mining Industry Reveals Gold Becomes Difficult to Find

The gold mining industry struggles to ramp up gold production due to declining deposits, financing, and regulatory challenges as gold prices increase...

Interior Construction Firms Accused of Rigging Million-Dollar Tenders; Singaporean Watchdog Issues Legal Notices

Two interior construction firms are accused of rigging million-dollar tenders. A Singaporean competition watchdog shares the details...

Chinese Scientists Develop Cheap Aluminum Alloy with Record Thermal Resistance, Six Times Stronger than Standard Alloys

Chinese scientists at Tianjin University developed a cost-effective aluminum alloy with remarkable strength and heat resistance, revolutionizing aerospace and industrial applications...


Latest News

South Korean firms enter into joint venture projects with Arabtec
GS Engineering and Construction and Samsung Engineering form joint ventures with Arabtec separately.
Chinalco-led consortium gets on shortlist for Glencore Xstrata's Las Bambas copper project
A consortium led by Chinalco was shortlisted to bid for Glencore Xstrata's copper mine in Peru, a Chinalco executive said.
Deals of the day - M&As
The following bids, mergers, acquisitions and disposals were reported on Friday
Deals of the day
The following bids, mergers, acquisitions and disposals were reported on Thursday.
Kingfisher's UK head Martyn Phillips parts ways with company
Martyn Phillips had left his position as the head of Kingfisher's B&Q chain in the UK as part of moves to restructure the company.
Al Habtoor Group plans USD 3 billion real estate investment in Dubai
The Al Habtoor Group would be investing USD 3 billion in a real estate development in Dubai.
Intu Properties, Canada Pension Plan venture to buy Spanish mall
Intu Properties partnered with the Canada Pension Plan Investment Board to buy a Spanish mall for EUR 162 million or USD 220 million.
Wal-Mart said negotiations with Bharti still ongoing
Addressing concerns as to the lack of progress in its bid to open shop in India, Wal-Mart said it is negotiating with Bharti for final details.
Fonciere des Regions purchases EUR 351 million worth of homes in Germany
Fonciere des Regions bought a total number of 4,000 homes for EUR 351 million or USD 477 million.
Blackstone complete purchase of Multi Corporation
Blackstone completed its acquisition of Multi Corporation.
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