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

China's Cofco lists its commercial property business in HKD14.2 billion reverse takeover
Chinese conglomerate Cofco listed its 12 properties across China as part of its HKD14.2 billion or USD1.8 billion reverse takeover with subsidiary the Hong Kong Parkview Group.
Patrizia Immobilien acquires EUR 800 million worth of German office properties
Patrizia Immobilien announced it had agreed to buy 36 offices valued at EUR 800 million from CA Immobilien Anlagen.
Marcus & Millichap files IPO
Real estate brokerage Marcus & Millichap Inc. filed an IPO to raise USD103.5 million.
Homebuilding approvals increase 49% in UK
According to a Bloomberg report, as the UK government sought to boost mortgage lending and building permits became easier to get, home building approvals increased 48% in the country.
Real Madrid cancels USD1 billion Ras Al Khaimah soccer resort plan
The world's richest soccer club Real Madrid scrapped its soccer resort plan in UAE after payments defaulted with no provided guarantees.
China's richest man announces USD8 billion film park investment
Wang Jianlin announced his biggest single investment in the movie and television industry valued USD8.17 billion.
Blackstone purchases the Hughes Center complex in Las Vegas
Blackstone paid Crescent Real Estate USD347 million for Hughes Center complex.
Xinyuan Real Estate receives USD109 million investment from TPG Capital
A USD109 million investment was made by TPG Capital in Xinyuan Real Estate.
Empire State Building REIT files IPO
The Empire State Realty Trust Inc. whose properties include the Empire State Building had filed to raise a hefty USD1.07 billion in proceeds, according to a regulatory filing today.
Re/Max Holdings Inc set to do IPO
The Re/Max Holdings IPO projected the revenues earned to reach USD241.5 million.
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