Keywords: Industry
Australia and the United States have announced a combined investment of more than A$5 billion (approximately US$3.5 billion) to support the development of critical mineral projects, significantly increasing earlier funding commitments aimed at strengthening global supply chains. According to the Australian......
Chinese automaker Chery is exploring plans to expand its vehicle production footprint in Europe by partnering with existing manufacturers and using available factory capacity, according to senior company executives. The strategy reflects a broader trend among Chinese carmakers seeking to strengthen......
British Finance Minister Rachel Reeves is expected to present new measures later this week aimed at helping businesses cope with persistently high energy costs, as the government responds to ongoing global energy market pressures linked to international tensions. In comments published in the Sunday......
French energy company TotalEnergies has confirmed the temporary shutdown of the Satorp refinery in Saudi Arabia following recent attacks that damaged part of the facility. The decision was taken as a precautionary safety measure after incidents occurred during the night of April 7 to 8. According to......
South Korean automaker Hyundai Motor Company has announced a large-scale recall affecting more than 294,000 vehicles in the United States due to a potential safety defect involving seat belt anchors. According to the National Highway Traffic Safety Administration (NHTSA), the issue may cause the seat......
Mercedes-Benz (Mercedes-Benz Group AG) announced a decline in first-quarter 2026 sales as the company navigates a transitional period in the Chinese market. Quarterly sales fell 6% year-on-year to 419,400 vehicles, reflecting challenges in the world’s largest automotive market. While Mercedes......
Morocco’s Ministry of Youth, Culture and Communication and Huawei Morocco have signed a memorandum of understanding to develop the country’s gaming industry and strengthen its digital ecosystem. The agreement was concluded during GITEX Africa 2026 in Marrakech. Minister Mohamed Mehdi Bensaid......
Moroccan telecom operator inwi has deployed the country’s first private 5G network dedicated to industrial use, marking a new phase in Morocco’s digital transformation. The announcement was made during GITEX Africa 2026 in Marrakech. The network will serve a 52 hectare industrial site in......
Aerospace components manufacturer Arxis is preparing for a major debut on Wall Street, targeting a valuation of more than $11 billion in its planned initial public offering (IPO) in the United States. The company’s listing comes at a time when defense and aerospace-related firms are attracting......
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