Deal
Seatrium signs deal to service vessels of Australia’s Teekay Shipping
OFFSHORE and marine specialist Seatrium has secured a favoured customer contract agreement from Teekay Shipping (Australia).Also known as Teekay Australia, the company provides vessel operation services under contracts with...
China’s Leapmotor aims to take EVs global with Stellantis deal
CHINESE electric vehicle (EV) maker Leapmotor is little known outside its home country, and even there it is overshadowed by bigger players such as BYD and Tesla.But co-founder and...
Occidental clinches record carbon-removal deal with mega-buyer Microsoft
OIL giant Occidental Petroleum clinched a record carbon removal deal with Microsoft amid the software titan’s push to reduce its expanding emissions.Occidental, which is building a carbon-capture portfolio through...
Oracle drops after Elon Musk’s xAI shifts away from cloud deal
ORACLE dropped as much as 4.8 per cent after Elon Musk said his artificial intelligence (AI) startup would rely less on cloud technology from the software maker, jeopardising a...
China’s BYD signs deal to open electric car plant in Turkey
CHINA’S electric vehicle (EV) giant BYD on Monday (Jul 8) signed a US$1 billion agreement with Turkey to open a plant in the country in a move that would...
Boeing to plead guilty to fraud for violating deal over 737 Max crashes
BOEING has agreed to plead guilty to criminal conspiracy to defraud the US after the Justice Department concluded the planemaker failed to adhere to an earlier settlement stemming from...
Skydance is inching closer to nailing a deal for Paramount
DAVID Ellison inched closer to an acquisition of Paramount Global, the owner of MTV and CBS, as a special committee of the company’s board endorsed a merger with his...
Japan’s JBIC Inks $3 Billion Green Financing Deal With UAE’s ADNOC
Japan Bank for International Cooperation, also known as JBIC has signed a green finance agreement worth $3 billion with United Arab Emirates' Abu Dhabi National Oil Company.According to a...