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Keywords: Industry


French drone manufacturer Delair expands to Morocco with new defense hub

French drone manufacturer Delair is expanding its international presence by establishing a new subsidiary in Morocco, marking a strategic step in its ambition to strengthen its footprint across Africa’s growing defense and security market. The new entity, named Delair Africa, will be based in......

Delta Air Lines scales back climate targets amid industry challenges

Delta Air Lines has reportedly scaled back key environmental commitments, marking a significant shift in its approach to long-term sustainability targets in the aviation sector. The airline has removed its previous goal of using sustainable aviation fuel (SAF) for 10% of its total jet fuel consumption......

Rheinmetall and destinus team up in new missile venture

German defense company Rheinmetall and Dutch-based aerospace and defense firm Destinus have announced the creation of a new joint venture aimed at developing advanced missile systems for the European market. The new company, to be named Destinus Strike Systems, is expected to be formally established......

Air France raises economy ticket prices again amid rising fuel costs

French carrier Air France has once again increased ticket prices in response to rising fuel costs, adding further pressure on travelers as global energy prices remain volatile. The airline, part of the Air France-KLM group, has introduced an additional surcharge on long-haul economy and premium economy......

Australia and United States expand critical minerals investment with $3.5 billion deal

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......

China’s Chery plans to expand car production in Europe through local partnerships

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......

Uk’s Reeves to announce plan to support businesses facing high energy costs

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......

TotalEnergies announces shutdown of Saudi Satorp refinery after strikes

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......

Hyundai recalls over 294,000 vehicles in the United States over seat belt defect

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......

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