The project aims to boost container capacity by over 30% with a new three-berth terminal and 1,300m wharf by 2034. The Vancouver Fraser Port Authority has chosen the TerraMarine joint venture to develop the Roberts Bank Terminal 2 expansion, a $100bn project set to increas
Germany-based distiller Berentzen-Gruppe has cut its forecasts for annual sales and profits after a challenging first half. CEO Oliver Schwegmann pointed to "the ongoing weakness in the market and consumer spending in Germany" In a trading update on Friday (17 July)
Since the 2022 bear market bottomed nearly four years ago, Wall Street's historic rally has been driven by two catalysts: the evolution of artificial intelligence (AI) and the leadership of the "Magnificent Seven." The beauty of the Magnificent Seven is that they all possess one...</stron
India’s market regulator expands its forensic audit roster to enhance oversight of listed firms’ financial statements. The Securities and Exchange Board of India (SEBI) has added 18 companies to its panel of forensic auditors, including Ernst & Young, KPMG, and Grant Thorn
The Switzerland-based food group will shutter a plant producing Smarties and KitKat figures due to a significant drop in seasonal product sales. Nestlé will close its confectionery plant in Diósgyőr, Hungary, by year-end, citing a sharp decline in demand for seasonal choco
The Canadian real estate investment trust keeps its monthly payout unchanged at $0.0685 per share for July. Automotive Properties Real Estate Investment Trust announced a monthly dividend of $0.0685 per share, matching its previous distribution. The payout remains consiste
US futures edge higher as Middle East tensions, oil prices and Big Tech earnings dominate markets: Dow Jones, S&P, Nasdaq, Wall Street U.S. stock index futures traded modestly higher on Monday as investors balanced escalating geopolitical tensions in the Middle East against a...<
Quantum computing harnesses the rules of quantum mechanics to process information differently than classical computers. Instead of bits locked as zeros or ones, quantum systems use qubits that can exist in superposition -- holding multiple states at once In artifici
Trent allocates $260m to expand Westside’s retail footprint, targeting 100 new stores yearly amid slowing growth at its Zudio chain. Trent, a Tata Group subsidiary, plans to open up to 100 Westside stores annually, up from 10-15 previously. The expansion follows a Rs25bn (
Meta considers leasing computing capacity to AI firm Anthropic in a potential two-year agreement worth up to $10bn. Meta Platforms is in early-stage talks to lease computing infrastructure to Anthropic in a deal potentially valued at up to $10bn over two years. The arrange
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