Kansai Electric Power Co. in Japan reported the closure of a nuclear reactor due to the detection of a small hole in a pipeline. The third reactor at the Mihama nuclear power plant in Fukui prefecture will undergo inspection, resulting in its suspension, as announced by the company in a statement....

According to Bloomberg, ex-high-ranking executives of Glencore Plc, who are accused by UK authorities of corrupt behavior in West Africa, are scheduled to stand trial in London in mid-2027. Legal proceedings in the case filed by the UK's Serious Fraud Office (SFO) against the company are scheduled...

The world's biggest lithium producer, Albemarle, which is based in the US, intends to streamline its operations in response to evolving market conditions. The company's press release states that it will alter its operating structure to enhance flexibility, realize cost savings, and remain...

Bank of America Corp., the second-largest U.S. bank in terms of assets, intends to open over 165 branches by 2026, with around 40 of them scheduled for this year, as stated in their press release. In the last decade, the bank has invested over $5 billion in its branch network and has established...

Trafigura, a major commodity trading company, is getting ready to reveal the appointment of Richard Holtum as chief executive next week, according to sources cited by the Financial Times. Holtum used to serve as an officer in the British military. He moved to Trafigura from Glencore in 2014 and...

U.S. Boeing Co. has reached a tentative agreement on a new contract with two local chapters of the International Association of Machinists and Aerospace Workers, which represent over 33 thousand employees, stated the company. If the four-year contract is approved, employees in Washington, Oregon...

Martin Winterkorn, the ex-CEO of Volkswagen, was present in a Brunswick court on Tuesday to face allegations of fraud and market manipulation linked to the scandal involving the company's use of software to cheat emissions tests and release harmful pollutants from millions of cars. The prosecution...

The European Union is gearing up to implement a new travel authorization system by summer 2025, introducing a €7 (£6) visa waiver for citizens from certain non-EU countries, including the UK. This initiative, known as the European Travel Information and Authorisation System (Etias), aims to enhance...

According to Bloomberg, which cites sources, British financial giant HSBC Holdings Plc is restructuring its investment banking segment in part. The sources state that this division's management has chosen to combine many industry teams of analysts. They anticipate being able to work more...