Seoul - Samsung Electronics is close to finalising the construction of a $17 billion semiconductor factory in Williamson County in the U.S. state of Texas, three people with knowledge of the matter said. Samsung told that it is continuing due diligence in multiple locations, and that it has yet to make a decision. The factory will make advanced logic semiconductor chips and is likely to create about 1,800 jobs
Beijing - China's all-powerful economic planning agency waded into the country's power crunch on Wednesday, attempting to reassure residents and businesses in areas hardest hit by shortages that it has the coal use and supply situation under close watch
The Viking units are all built according to the latest navigation regulations and equipped with the most modern safety systems, including the “safe return to port”
Hong Kong - Scrambling to avoid defaulting on its debts, cash-strapped China Evergrande Group said on Wednesday it plans to sell a 9.99 billion yuan ($1.5 billion) stake in Shengjing Bank Co Ltd to a state-owned asset management company. Shengjing Bank, one of the main lenders to Evergrande, had demanded that all net proceeds from the disposal be used to settle the financial liabilities of the property developer due to the lender
The submarine deal is part of a three-way defence agreement announced by Washington, London and Canberra last month which infuriated France because Australia said it would cancel anexisting order for French diesel-powered submarines.
The deal marks "an audacious first step towards European strategic autonomy", Macron said at a signing ceremony with Greek Prime Minister Kyriakos Mitsotakis at the Elysee Palace.
The positive momentum in the superyacht market has carried on into 2021 and we are expecting a very busy year in 2021 for superyacht sales, both new and used
"We’re looking at temporary measures to avoid any immediate problems, but any measures we introduce will be very strictly time limited," a spokeswoman for Johnson's Downing Street office said in a statement.
Pubblichiamo un intervento della presidente di Fedespedi
The Yacht Club is a real ship within a ship. Concierge available 24 hours a day, private butler, possibility to have lunch and dinner by choosing the time, priority access to theater shows, but also restaurants, elevators and private bars, as well as swimming pools and Jacuzzis.
The Quad leaders also announced Japan would work with India on a $100 million investment in COVID-19 vaccine and treatment drugs
The company said it expects more than half of its fleet to be operating by the end of October and the full fleet by next summer. The cruise industry has been among the hardest hit by the pandemic
Chengdu has added eight new overseas stations to its China-Europe freight train routes so far this year. Its China-Europe freight trains can reach a total of 66 destinations in Europe.
Saudi Arabia rented the MSC Bellissima from its Geneva-based operator MSC Cruises as part of its Saudi Summer campaign designed to encourage tourism from home and abroad
Remote ultrasonic thickness measurement improves survey safety, saves time and improves efficiency for shipowners
Taipei - Taiwan threatened to take China to the World Trade Organization on Sunday after Beijing said it would suspend sugar apple and wax apple imports from the island on pest concerns, in the latest spat between the two over fruit. Relations between Taipei and Beijing, which claims democratically ruled Taiwan as its own territory, are at their lowest in decades, with China increasing political and military pressure to get the island to accept its sovereignty
Beijing - Cash-strapped developer China Evergrande Group has begun repaying investors in its wealth management products with real estate, a unit of its main Hengda Real Estate Group Co Ltd unit said. Evergrande, with over $300 billion in liabilities, is in the throes of a liquidity crisis that has left it racing to raise funds to pay its many lenders and suppliers
Tanger - The German Shipping line Hapag-Lloyd has announced it will set up a permanent base of operation in Morocco in a move to expand its global network. With additional personnel and new offices in the country, the company hopes to realize its growth ambitions
Seoul - Daewoo Shipbuilding & Marine Engineering Co. (DSME) said Thursday it has developed a technology to store carbon dioxide captured in ship engine emissions. The technology developed in cooperation with a local ship part supplier will help ships to reduce their carbon dioxide emissions
Kuala Lumpur - Malaysia on Saturday expressed concerns that Australia's plan to build nuclear-powered submarines under a new pact with Britain and the United States could catalyze a nuclear arms race in the Indo-Pacific region