Giant
EV giant BYD plans to build Karachi plant as part of entry into Pakistan
CHINESE electric carmaker BYD plans to build a factory in Karachi with a local partner to capture a share of Pakistan’s growing electric vehicle (EV) market, according to a...
US lenders push Indian ed-tech giant Byju’s towards insolvency
INDIA’S top court on Wednesday (Aug 14) revived insolvency proceedings against education technology company Byju’s following a lawsuit by a trust representing US lenders who say they are owed...
Former manufacturing giant SunPower files for bankruptcy
SUNPOWER has filed for bankruptcy in Delaware and plans to wind down operations, ending the decades-long run of the once-venerated US solar firm.The rooftop solar company listed assets and...
Post-merger, nutrition giant dsm-firmenich zeroes in on preventative healthcare
The Dutch-Swiss company aims to carve out animal health and nutrition unit amid China’s slow recoveryJUST over a year since Dutch nutrition company DSM merged with Swisse fragrance and...
Brewing giant Asahi set to sell restaurant business: report
ASAHI Group plans to sell its struggling restaurant business, Nadaman, to a Japanese peer as the country’s biggest brewer looks to exit the segment to focus on alcoholic and...
Shipping giant CMA CGM reports solid volumes, sees rates peaking
CMA CGM, the world’s third-largest container carrier, reported a second-quarter jump in cargo volumes and signalled freight rates have probably peaked for now despite bottlenecks at Mediterranean ports.The French...