Japan tentatively cuts stakes in Russia’s Sakhalin 2

SEOUL – Japan’ t Mitsui & Co and Mitsubishi Corp announced on Tuesday that they have slashed their stakes in the Russian Far East-based Sakhalin 2 oil and natural gas project by a combined 217. seven billion yen ($1. 7 billion), based on Kyodo News. However, they are not pulling out of what has been recommended as […]

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China’s C919 poised to challenge Boeing, Airbus

China’ t C919 narrowbody passenger jet has finished all test flights, bringing the plane one step closer to receiving a good airworthiness certificate regarding commercial operations within China. Commercial Aircraft Corp of The far east (Comac), founded within 2008 and headquartered in Shanghai, has spent almost seven years testing the self-developed C919 airliner, which ultimately aspires to compete with […]

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CHIPS Act no panacea for US chip woes

The particular CHIPS Act associated with 2022 is an US$52. 7 billion subsidy to semiconductor companies in the United States.   The particular funding, mostly targeted at the construction of recent chip fabrication services, or fabs within the trade, can be awarded in up to $3 billion chunks associated with cash to any US-based company making “ advanced” semiconductors.     The only US-based […]

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Illegal fishing threatening global food supplies

The Covid-19 pandemic has resulted in interruptions to global food-distribution networks, and in the particular aftermath, it will be more important than ever to address the void of illegal, unreported, and additionally unregulated (IUU) fishing. Globally, seafood use has continued in order to climb in recent years like unprecedented growth of an important middle class worldwide has […]

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Singtel to invest extra US0 mil into Singtel Innov8

Total commitment to Singtel Innov8 to date stands at US$350 million
New capital injection enables Innov8 to expand its investment portfolio Singtel has announced its plan to invest a further US$100 million (RM445 million) into Singtel Innov8, its corporate venture arm, raising its total capital commitment to US$350 million (RM1.5 billion). 
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