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Blog - Non sorted

Saudi PIF Sells Thiqah to Elm in a $907 Million Deal
Saudi PIF Sells Thiqah to Elm in a $907 Million Deal
Jan 23, 2025
Eye 142

Learn about the $907 million Thiqah sale to Elm, boosting Saudi Arabia's ICT sector and aligning with Vision 2030 economic goals.
Volkswagen Plans Increased Investments in U.S. Amid Market Expansion Goals
Volkswagen Plans Increased Investments in U.S. Amid Market Expansion Goals
Jan 23, 2025
Eye 122

Volkswagen aims to double its U.S. market share by boosting local investments and production efforts as announced by CFO Arno Antlitz at the World Economic Forum.
Italian Automotive Supplier CLN Seeks Major Debt Write-Down Amid Industry Crisis
Italian Automotive Supplier CLN Seeks Major Debt Write-Down Amid Industry Crisis
Jan 23, 2025
Eye 129

CLN seeks significant debt reduction to tackle the ongoing crisis in the automotive sector, highlighting the pressures faced by suppliers as car production declines.
LSI Industries Reports Strong Q4 CY2024 Results, Exceeding Wall Street Expectations
LSI Industries Reports Strong Q4 CY2024 Results, Exceeding Wall Street Expectations
Jan 23, 2025
Eye 96

LSI Industries reports impressive Q4 CY2024 performance with 35.5% sales growth, outperforming Wall Street forecasts by 14.3%, signaling strong future potential.
China Bolsters AI Infrastructure in Global Tech Race
China Bolsters AI Infrastructure in Global Tech Race
Jan 23, 2025
Eye 278

China is enhancing its AI capabilities by expanding computing facilities and improving data server trade, aiming to compete with the US in the global tech landscape.
Nissan Partners with SK on for Future EV Battery Supply
Nissan Partners with SK on for Future EV Battery Supply
Jan 23, 2025
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Nissan teams up with South Korea's SK On to enhance its electric vehicle offerings in the U.S. by securing a major battery supply agreement starting 2028.
Hyundai Motor Reports Decline in Q4 Profit Amid Challenging Market Conditions
Hyundai Motor Reports Decline in Q4 Profit Amid Challenging Market Conditions
Jan 23, 2025
Eye 139

Hyundai Motor's Q4 2025 saw a 17% profit decline due to increased promotions and market challenges.
Asian Oil Refiners Face Pressure Amid Rising Crude Costs
Asian Oil Refiners Face Pressure Amid Rising Crude Costs
Jan 23, 2025
Eye 184

Asian refiners face higher crude oil prices due to China and India's demand, U.S. sanctions on Russia, impacting processing rates and margins.
Hyundai Motor and General Motors Pursue Strategic Collaboration
Hyundai Motor and General Motors Pursue Strategic Collaboration
Jan 23, 2025
Eye 294

Hyundai Motor and General Motors strengthen ties with a strategic collaboration in automotive operations, aiming for joint ventures in vehicle sectors and part procurement.
Qatar's Leather Footwear Imports Decline 17% to Hit $29M in 2024
Qatar's Leather Footwear Imports Decline 17% to Hit $29M in 2024
Jan 23, 2025
Eye 152

Leather Footwear imports hit record highs of 2.3M pairs in 2019 but failed to regain momentum from 2020 to 2024. In value terms, imports contracted to $29M in 2024.
US Crude Oil Inventories Likely Fell, Gasoline and Distillates Stockpile Expected Rise
US Crude Oil Inventories Likely Fell, Gasoline and Distillates Stockpile Expected Rise
Jan 22, 2025
Eye 172

US crude oil stocks are projected to fall as gasoline and distillate inventories increase, based on analyst forecasts.
Electric Vehicle Pioneer Canoo Files for Bankruptcy
Electric Vehicle Pioneer Canoo Files for Bankruptcy
Jan 22, 2025
Eye 199

Electric vehicle startup Canoo files for Chapter 7 bankruptcy, reflecting broader financial challenges in the EV sector. Discover more about its journey and industry implications.
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