Hydro to invest €180 mln in new Spanish aluminium recycling plant
Norwegian aluminium manufacturer Hydro plans to invest €180 million ($195.39 million) in a new recycling aluminium…
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Shell revenues drop to 30% in ’23
Shell reported 2023 revenues of $28 billion, down 30 per cent from the previous year's record, due to the decline…
EGX closes on dark red note on Jan. 31
Egypt’s stock market closed on red note on Wednesday. The main index EGX30 fell by 6.81 per cent to 28,281.91.
Singapore’s CCCS examines Grab acquisition of Trans-cab
CCCS announced that it has started a thorough investigation into the ride-hailing company Grab Holdings' proposed…
GSK outperforms market expectations
GSK outperformed market expectations for its fourth-quarter results on Wednesday and released an optimistic outlook…
Vodafone rejects merging proposal – Iliad
French Iliad announced that Vodafone had rejected the proposal of merging their Italian units on Wednesday.
Bayer to outsource 3rd party for business in Africa
Germany's Bayer announced that it would hire a third party to distribute its pharmaceuticals in four African…
S. Arabia’s economy shrinks in Q4 ’23
Saudi Arabia’s economy shrank in the fourth quarter after it continued to reduce oil output in an effort to raise…
CBN pays additional $64mln FX backlog
The Central Bank of Nigeria (CBN) has paid an additional $64.44 million toward the verified foreign exchange…
Japan’s Nippon Steel to borrow $16bln to complete purchase of U.S. Steel
Nippon Steel will receive a total of $16 billion in loans three major banks for its proposed acquisition of U.S.…