Circle Group acquires Telematics and Infomobility business unit of Telepass Innova S.P.A. with forecasted value of production of 6.7M and a ebitda margin of 19%
As part of the purchase transaction, a 10-year commercial agreement was also signed between Telepass and Circle (“Commercial Agreement”), which will allow Telepass to offer…
Oil prices set for weekly gain on China expectations
Oil prices rose almost 1% on Friday and was on track for a weekly gain, spurred by expectations of a stimulus-driven economic recovery in China,…
What is China’s Jinjiang, the BYD contractor under fire in Brazil?
China's Jinjiang Group is in the spotlight after Brazil's labour authorities said workers at a factory it is building for electric vehicle maker BYD were…
Shell shuts down oil processing unit to investigate leak, Singapore’s port authority says
Shell has shut down an oil processing unit at its Pulau Bukom facility to investigate a suspected leak, Singapore's Maritime and Port Authority (MPA) and…
ITS Logistics November Supply Chain Report: Inflationary pressure and monetary policy uncertainty among list of concerns that could impact supply chain in 2025
ITS Logistics and DAT caution carriers, manufacturers, and shippers of delayed stimulus impact on freight market
China to build world’s largest hydropower dam in Tibet
China has approved the construction of what will be the world's largest hydropower dam, kicking off an ambitious project on the eastern rim of the…
Peru declares environmental emergency after oil spill
Peru's government on Thursday declared an environmental emergency in a northern coastal area, where state oil firm Petroperu last weekend spilled a crude oil shipment…
New York to fine fossil fuel companies $75 billion under new climate law
New York state will fine fossil fuel companies a total of $75 billion over the next 25 years to pay for damage caused to the…
Hapag-Lloyd WDS/WID surcharge to the U.S. East Coast and Gulf ports
To help manage the potential impact of ongoing challenges at U.S. East Coast and Gulf ports, Hapag-Lloyd is introducing a Work Disruption Surcharge (WDS) and…
Oil edges up on China stimulus hopes, US inventory drop
Oil edged higher on Thursday in thin holiday trade driven by hopes for additional fiscal stimulus in China, the world's biggest oil importer, and supported…
Get the most up-to-date trending news!
SubscribeIndustry updates and weekly newsletter direct to your inbox!
Follow us on social media:
