August 31, 2022 7:26 am
Nucor Corp (NUE) said on Tuesday that it would invest $200 million over the next five years in mill modernization projects at its Nucor Steel Berkeley division in Huger, South Carolina. Part of that investment will be in the construction of a new air separation unit for the purpose of supplying industrial gases for the […]
Read moreAugust 30, 2022 9:42 am
Boeing Co (BA) announced on Monday that United Parcel Service Inc (UPS) had ordered additional eight 767 freighter jets. With this new order, United Parcel’s fleet of 767 freighter jets is to expand to 108, while deliveries of the new aircraft are slated to begin in 2025. The financial terms of the agreement, however, remained […]
Read moreAugust 30, 2022 8:02 am
Sony Group Corp (6758) said on Monday that it would buy mobile game developer Savage Game Studios as part of a major push beyond console gaming. Sony did not disclose the financial details of the agreement. Founded two years ago, Savage Game Studios will become part of a new mobile unit of PlayStation Studios, the […]
Read moreAugust 30, 2022 7:31 am
Accelerating inflation, reaching levels unseen in several decades, has been a global concern for months now. The latest data from the UK’s Office for National Statistics showed annual consumer price inflation in the country had surged to 10.1% in July 2022, from 9.4% in June. The rate for July is the highest one since February […]
Read moreAugust 26, 2022 11:33 am
Adamant Global Holding said on Friday that it had signed a non-binding letter of intent to acquire 51% of the shares of Domooptik d.o.o., a fiber optic service provider based in Bosnia and Herzegovina, with Fiber Optic assets covering a large region of the capital city of Sarajevo. The deal, which comes after Adamant’s recently […]
Read moreAugust 26, 2022 9:09 am
Honda Motor Co (7267) said earlier this week it planned to cut output in Japan by up to 40% early in September, as supply chain and logistical issues persist. Production at Honda’s assembly facility in Saitama prefecture will be reduced by almost 40% early in September, the auto maker said. Meanwhile, two lines at Honda’s […]
Read moreAugust 25, 2022 10:53 am
Boeing Co (BA) said on Wednesday that it intended to build on its existing investments in India in fields such as defense supply chains and manufacturing. The US company is offering its F/A-18 fighter jet for sale to India’s military and it said the selection of the aircraft would help increase investments in the country’s […]
Read moreAugust 24, 2022 8:56 am
Nissan Motor Co (7201) said on Tuesday that it would discontinue production of cylinder heads for Renault at its facility in Sunderland, northern England, from 2024. “From early 2024, Nissan Sunderland Plant will cease production of cylinder heads on site. We do not expect this to result in job losses, and are working with staff […]
Read moreAugust 23, 2022 4:49 pm
Vodafone Group Plc said earlier this week it had entered into heads of terms with 4iG Public Limited Company and Hungarian state holding company Corvinus in association with the potential sale of its Hungarian unit, Vodafone Magyarország Távközlési Zrt, for a total cash consideration equal to an enterprise value of approximately €1.8 billion. Vodafone Magyarország […]
Read moreAugust 23, 2022 12:47 pm
The gender pay gap in the United States has been an intensively discussed topic for several decades. TradingPedia‘s research team has decided to look into that matter more closely and present some actual data reflected through different employee characteristics, including occupation, age, education and type of employment. Women engaged in managerial roles in the United […]
Read more