Zambian government at odds with Konkola Copper Mines
Issues over tax payments and retrenchment of workers caused Konkola Copper Mines to seek court intervention.
Industrials
China Already Spent $230 Billion and More in Their Electric Vehicle Industry
China has invested $230.8 billion over a decade to boost its electric vehicle (EV) industry, with this support constituting 18.8% of total EV sales between 2009 and 2023.
OPEC+ Prolongs Most of Its Deep Oil Output Cuts Until 2025
OPEC+ has decided to prolong most of its extensive oil production cuts until 2025...
Amazon Is Ending Drone Deliveries in California, Eyes Arizona Expansion
Amazon has ceased drone delivery operations in Lockeford, California, as it prepares to expand its Prime Air program in Arizona...
Norway Labor Unions Successfully Negotiated a 5.2% Wage Increase, Avoiding Major Strike
Labor unions and employers in Norway have successfully negotiated a 5.2% wage increase...
Latest News
Kuwait's NAS providing expertise in improving Ariana Afghan Airlines
A ten year agreement was formalized between Kuwait's National Aviation Services and Ariana Afghan Airlines.
KKR to acquire 5% interest in Marvell - sources
One source told Businessweek that private equity firm KKR & Co might propose a leverage buyout offer to Marvell Technology Group Ltd.
RenoNorden appoints Staffan Ebenfelt as Group CEO
RenoNorden, the Scandinavian waste management firm backed up by Capvest, announced the appointment of Staffan Ebenfelt as Group CEO.
Anglo-American sells interest in Amapa iron ore mine to Zamin Ferrous
Zamin Ferrous purchases Anglo American shareholdings in Amapa iron ore mine in Brazil.
SFW Capital makes strategic investment in Filtec
SFW Capital Partners made a strategic investment in California-based Industrial Dynamics Company (DBA Filtec) for growth and product expansion.
Dover closes USD145 million acquisition deal with Finder
Dover Corp acquired industrial manufacturer Finder SpA for USD145 million.
Brussels launches in-depth probe into Ineos-Solvay deal
Brussels had launched a full state investigation on the joint venture between Solvay and Ineos due to antitrust concerns.
Anglo American's Kumba unit seeking agreement on raw materials
Exclusive rights to supply material provided by Anglo American Plc's formalized.
Top deals of the day - M&As
The following bids, mergers, acquisitions and disposals were reported on Tuesday.
