In the first half of 2024, financial advising fees from mergers and acquisitions in Asia fell to their lowest levels in 11 years, with falls in both announced and completed transactions showing no indication of a rapid recovery.   According to LSEG statistics, M&A fees in Asia were $1.5...

After missing quarterly profits estimates and projecting a decline in June sales, H&M raised doubts about its full-year profit margin objective on Thursday. This caused shares of the second-largest apparel retailer in the world to drop as much as 15%.   According to the Swedish...

Early this year, a few Audis disguised in German arrived covertly to an electric vehicle (EV) manufacturer's plant in California. There, thirty experts dismantled the cars' electronics and installed harnesses and modules from a U.S. company.   The Palo Alto facility underwent extensive...

Concerns over Shein's employment conditions have prompted the UK-based human rights organisation Stop Uyghur Genocide to initiate a legal effort to thwart the company's proposed London listing, a law firm representing the campaign organisation said on Wednesday.   Leigh Day, a human rights...

India announced in a statement that it has put telecom spectrum up for auction on Tuesday, valued at around 962.38 billion rupees ($11.53 billion), despite experts' predictions that participants would be indolent as they shore up their current spectrum.   This auction is for a total of 10...

Novo Nordisk, a Danish pharmaceutical corporation, said in a news release that it will invest $4.1 billion to construct a plant in Clayton, North Carolina. This is one of Novo Nordisk's biggest manufacturing investments to date. The new facility will produce injectable medications for obesity and...

According to Counterpoint Research, sales of electric vehicles are rising in Southeast Asia, driven by China's BYD, and Vietnam's VinFast. These companies are displacing Japanese and Korean companies that dominate the internal combustion engine automobile industry.   According to the...

The US semiconductor maker ON Semiconductor Corp. (Onsemi) said that it intends to construct a chip facility in the Czech Republic. Funding of the silicon carbide semiconductors production could reach up to 44 billion Czech crowns ($2 billion). Demand for these chips, which are more...

According to the oil and gas industry's Statistical Review of World Energy report, released on Thursday, worldwide fossil fuel consumption and energy emissions reached all-time highs in 2023, despite a minor decline in fossil fuels' proportion of the world's energy mix.   As global...