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ADTSL En Route to Becoming a Major MRO Player in India

Tuesday, December 24, 2024

Adani Defence Systems & Technologies Ltd (ADSTL) is buying an 85.8% stake in Air Works India (Engineering) Pvt Ltd, the country's largest private sector aircraft maintenance, repair, and overhaul (MRO) company, for an enterprise value of ₹400...


Nissan and Honda's Merger to Result in a Slew of Benefits for Renault

Thursday, December 19, 2024

Renault shares surged 6% following reports of potential strategic and financial benefits stemming from merger discussions between Honda and Nissan, Japan's second- and third-largest automakers. Analysts view such a tie-up as having significant imp...

US invests $406 in GlobalWafers for Silicon Wafer Plant Expansions

Wednesday, December 18, 2024

The US Commerce Department announced it has finalized $406 million in government grants to Taiwan's GlobalWafers to substantially increase silicon wafer production in the United States. GlobalWafers announced in 2022 its intention to construct...

Japan Reports Strong Machinery Order Growth in October 2024

Tuesday, December 17, 2024

In October 2024, Japan's core machinery orders experienced a significant increase of 2.1% from the previous month, totaling 869.8 billion yen. This rise exceeded economists’ predictions of a 1.2% increase and marked the end of three consecutive...


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