Business
Samsung Electronics signs US$16.5 billion contract to supply semiconductors
Samsung Electronics said on Monday it has signed a contract valued at US$16.5 billion to supply semiconductors to a major global…
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supply
Business
Musk says Tesla, Samsung Electronics sign US$16.5 billion chip supply deal
Tesla CEO Elon Musk said the US automaker had signed a US$16.5 billion deal to source chips from Samsung Electronics, a move expected to…
Business
American Airlines’ new Airbus jet grounded by supply chain issue
The airline plans to initially use this first plane on US transcontinental routes later this year before shifting it to international…
Business
China’s Chery to supply tech to help India’s JSW launch own EVs
China’s Chery Automobile will supply technology and components to billionaire Sajjan Jindal’s JSW Group to help launch a new-energy…
Business
Consumers Are Focused on AI-Powered and Value Spending, While Retailers Face Supply Chain Challenges for the Second Half of 2025
The first half of the year was a learning curve for everyone. The economic uncertainties with the ever-changing tariffs put in place,…
Business
Smart Supply Chains: 5 Strategic AI Use Cases Driving Supply Chain Innovation
Artificial Intelligence (AI) is revolutionizing supply chain management by enhancing efficiency, agility, and resilience across global…
News
Did Air India Pilot Commit Suicide and Took 241 Passengers with Him? Experts Claim Fuel Supply Cannot be Cut Off Accidentally
New forensic evidence from the tragic Air India crash, which resulted in the deaths of 241 passengers, suggest that the actions of the…
News
Air India Pilots Made Fatal Error as Probe Reveals Plane's Fuel Supply Was Cut Off Moments Before It Crashed Killing More Than 270 People
A preliminary report on last month's Air India crash, which killed 241 people, with a sole survivor miraculously walking away, found that…
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Opec’s new supply shock nails on oil market’s return to surplus
The latest oil supply shockwave unleashed by Organization of the Petroleum Exporting Countries and its partners (Opec+) is set to swell a…
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Global coffee supply relief possible in three years, ICO head says
By Roberto Samora CAMPINAS, Brazil (Reuters) -Global coffee supply could improve in three years as new plantations spurred by record high…
Business
Oil inches up on US demand strength; fading Middle East supply risks offset gains
Oil prices edged higher on Thursday as crude inventories in the United States fell on higher demand as summer driving season ramped up,…
Business
Foxconn nears deal to supply electric buses to Mitsubishi Fuso: report
The Japanese commercial automaker and Taiwanese chipmaker are looking to create a new company to oversee the buses, according to the…
News
Oil prices drop 6% as Israel-Iran ceasefire reduces Middle East supply risk
Oil prices fell 6 per cent on Tuesday (Jun 24) to settle at a two-week low, on expectations the ceasefire between Israel and Iran will…
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Iran Votes to Close Strait of Hormuz that Could Put One-Fifth of World's Oil Supply at Risk and Trigger Sharp Rise in Global Crude Prices
Iran's parliament has voted to close down the Strait of Hormuz, a crucial maritime route that handles around 20 percent of the world's…
Business
Amid ongoing investigations into its supply chain unit, how did Fu Yu’s board end up with only one director?
A board dispute has left components manufacturer Fu Yu Corporation with no independent directors and only one executive director. Three…
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Oil prices rise as Israel-Iran conflict heightens fears of supply disruptions
Oil prices jumped in early Asian trade on Monday after Israel and Iran launched fresh attacks on Sunday, heightening fears that escalating…
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Oil prices climb as Israel-Iran conflict heightens supply disruption fears
Oil prices climbed in early Asian trade on Monday after Israel and Iran launched fresh attacks on Sunday, heightening fears that…
News
Oil Soars Nearly 7% on Israel-Iran Strikes, Stirring Middle East Supply Worries
With tensions escalating and concerns mounting over a broader war in the Middle East, oil prices surged nearly 7% on Friday after Israel…
Business
Oil Prices Rise on US-China Talks and Saudi Supply Cuts, but Iran Threatens Future Stability
Oil prices climbed more on Tuesday, amid continuing trade negotiations between the U.S. and China and a decrease in crude shipments from…
Business
Oil Prices Firm Ahead of U.S.–China Trade Talks as Market Eyes Supply and Demand Signals
A cautious sense of optimism returned to oil markets on Monday. As talks between the world's two largest economies resumed, traders began…
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Oil gains on supply concerns as wildfires disrupt Canada supply, Opec+ keeps output plans unchanged
Oil prices climbed nearly 3 per cent on Monday on supply concerns as producer group Opec+ decided not to accelerate plans to hike output…
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Sembcorp unit wins solar-energy project to supply 150 MW of power in India
Sembcorp Industries’ wholly owned renewables subsidiary, Sembcorp Green Infra, was awarded a solar-energy storage hybrid project by SJVN,…
Business
Oil gains on supply concerns, investors await July Opec+ output decision
Oil prices gained more than 1 per cent on Wednesday on supply concerns as Opec+ agreed to leave their output policy unchanged and as the…
Business
Oil prices ease as US-Iran talks, Opec+ plans spur supply concerns
Oil prices settled 1 per cent lower on Tuesday as investors worried about a supply glut after Iranian and US delegations made progress in…