Companies : Page 23

€5 billion German State aid measure to support ESMC in setting up new semiconductor manufacturing facility

August 23, 2024 The European Commission has approved, under EU State aid rules, a €5 billion German measure to support European Semiconductor Manufacturing Company (ESMC) in the construction and operation of a microchip manufacturing plant in Dresden.

M&M's owner Mars to acquire snack maker Kellanova in $36 bln deal

August 16, 2024 U.S. candy and pet care giant Mars is acquiring snack maker Kellanova in a deal valued at nearly 36 billion U.S. dollars, the companies announced, making it one of the biggest deal in the U.S. food industry so far.\r\n

Ethiopian Airlines to develop Mega Airport City

August 16, 2024 Ethiopian Airlines Group has signed a technical advisory and consultancy contract with Dar Al-Handasah Consultants (Shair and Partners) to embark on the design and supervision of a Mega Airport City at Abusera in Bishoftu city.

UK releases millions in new funding to protect Port Talbot steel supply chain, support workers

August 16, 2024 The UK Government is announcing the immediate release of £13.5 million in funding to support supply chain businesses and workers affected by Tata Steel’s decision to transition to greener steelmaking.

€99.5 million Romanian State aid measure to support Nokian Tyres' new zero CO2 emission tyre factory

August 16, 2024 The European Commission has approved, under EU State aid rules, a €99.5 million (RON 495.2 million) Romanian measure in favour of Nokian Tyres.

MCR Oil Tools announces landmark court decision

August 16, 2024 MCR Oil Tools LLC announces a landmark victory following a highly anticipated ruling by the U.S. Court of Appeals for the Fifth Circuit.

Paramount to cut 15 pct of U.S. workforce

August 9, 2024 Media conglomerate Paramount Global announced that it will cut 15 percent of its U.S.-based workforce, or about 2,000 jobs, as part of a broader cost-cutting plan.

Petronas, YPF select Rio Negro for $30bn LNG project

August 9, 2024 Malaysia’s state-run oil company Petronas and its Argentine counterpart YPF will jointly invest over $30bn to build a liquefied natural gas (LNG) plant in Sierra Grande, within the Patagonian province of Rio Negro.

Cebu Pacific signed MoU for up to 152 A320neo aircraft powered by Pratt & Whitney

August 9, 2024 Cebu Pacific (CEB), Airbus, and Pratt & Whitney, held an official ceremony to commemorate a binding memorandum of understanding (MOU) signed for CEB’s purchase of up to 152 A321neo aircraft for estimated USD $24 billion (PHP 1.4 trillion) based on list prices, the largest aircraft order in Philippine aviation history.

Epiphone: Jack Casady Fretless Bass available worldwide

August 9, 2024 Epiphone continues its longest signature artist partnership with the legendary bass player, Rock and Roll Hall of Fame Inductee, and founding member of Jefferson Airplane and Hot Tuna, Jack Casady.

Ørsted deploys heavy-lift drones for Borssele Offshore Wind Farm operations

August 9, 2024 Ørsted has introduced heavy-lift cargo drones (HLCD) in an operational campaign at the Borssele 1&2 Offshore Wind Farm.

Nokia, Swisscom Broadcast to deploy largest drone network

August 9, 2024 Swisscom Broadcast has selected Nokia to deploy a nationwide Drones-as-as-service network across Switzerland.