Lidl Hungary has launched its largest logistics center in the country, located in Kiskunfélegyháza, representing an investment of nearly 60 billion forints, equivalent to around €162 million. This new facility, …
Companies
Trump Media & Technology Group, the parent company of Truth Social, has reported a significant financial setback with a $238 million loss in the second quarter. This comes as the …
The Federal Aviation Administration (FAA) has mandated inspections for Boeing 737 Max airplanes over concerns of potential cracks in a crucial fuselage component. Approximately 471 aircraft are subject to these …
LG Innotek has joined forces with Japan’s TDK to create advanced vision and tactile sensing modules aimed at enhancing robotics and physical AI applications. This strategic partnership leverages LG Innotek’s …
China’s dominance in the electric vehicle (EV) market has propelled its rise to the forefront of the global automotive industry. This rapid growth, supported by government incentives, local investments, and …
Apple has committed to a significant expansion of its U.S. supply chain through a new multi-year partnership with Broadcom, involving an investment of over $30 billion to produce more than …
LG Electronics achieved its best-ever financial results for the second quarter, propelled by strong demand in its home appliances, vehicle components, and HVAC systems sectors. The company announced a preliminary …
The European Union has implemented a new €3 ($3.40) customs handling fee for low-value e-commerce parcels arriving from outside its borders. This move targets overseas platforms such as Shein, Temu, …
Chinese steel manufacturer Jingye has launched formal proceedings to seek compensation from the UK government after the nationalisation of British Steel’s Scunthorpe plant. This move follows unsuccessful negotiations over financial …
EasyJet is considering a potential takeover bid from Castlelake, a U.S.-based investment firm, which the airline has labeled as “highly opportunistic.” EasyJet argues that its current share price does not …