Starbucks and Alibaba team up to enhance on-demand delivery in China
The coffee giant Starbucks is reportedly teaming up with Alibaba’s Ele.me to carry out coffee deliveries in China. The collaboration is a result of the coffee chain’s rare sales decline in the Chi....
SMC announces plans to generate 10,000 MW of renewable energy
The publicly listed San Miguel Corp. is reportedly planning to develop up to 10,000 MW of renewable energy in the next 10 years. Although the company’s plans are still in the drafting process, their....
Brookstone Partners Moroccan wind farm to power crypto mining project
Brookstone Partners, a New York-based private equity firm, has declared plans to construct a 900-megawatt wind farm in Dakhla, a disputed territory in Morocco. Reportedly, the private equity firm acqu....
Posco to make a push in materials business for secondary batteries
South Korean steel making company Posco will reportedly be merging its production units for the key electrodes of li-ion (lithium-ion) batteries. As per sources, the company looks forward to expeditin....
Dutch Takeaway.com plans to acquire Tel Aviv-based 10bis for €135m
The Dutch online food delivery marketplace Takeaway.com has reportedly signed an agreement to acquire Israeli food delivery company, 10bis.co.il Ltd. As per reliable sources, the acquisition will cost....
Permian-to-Gulf Coast crude pipeline could expand before Q1 of 2019
EPIC Midstream Holdings in its recent announcement has unveiled that it has completed its first open season for pipeline capacity by adding Diamond Back Energy as a strategic partner. The company has ....
KFC launches plant-based meat dishes in Vietnam for the Lunar month
Kentucky Fried Chicken (KFC), one of the largest fried chicken fast-food chains in the world with 19,000 restaurants in 119 countries, has been reported to offer vegan options in Vietnam for a limited....
Halliburton buys Athlon Solutions, enhances oilfield chemicals service
Halliburton, one of the world’s largest oil field service firm, has revealed in a recent announcement to have acquired Houston based Athlon Solutions. As per reliable sources, Athlon will a now be a....
Saipem wins onshore contracts worth a valuation of USD 800 million
The Italian oil & gas industry contractor Saipem has recently unveiled that it has been awarded new onshore contracts in Mexico, Saudi Arabia, Nigeria, Serbia, and Iraq for a total worth of approx....