The government has taken delivery of a $70 million power generation equipment from the Hungarian government to aid the construction of the 400 megawatt (MW) Bridge Power Project in Tema.
The equipment are made up of three out of five … Read the rest
General Motors Co said on Saturday it is negotiating “feasibility conditions” to invest 10 billion reais ($2.73 billion) in Brazil from 2020 to 2024, after having warned last month that new investments would depend on returning to profit.
The automaker … Read the rest
China’s sprawling services sector maintained a solid pace of expansion in January even though growth moderated slightly, a private survey showed on Sunday, offering continued support for the world’s second-largest economy as manufacturing cools.
The Caixin/Markit services purchasing managers’ index … Read the rest
BMW said it is investing 1 billion euros ($1.17 bln) in a new car factory in eastern Hungary, a project that could contribute to the country’s growth and strengthen its position as a center for premium car manufacturing in the … Read the rest
Samsung Electronics Co Ltd posted its slowest quarterly profit growth in more than a year on Tuesday as its Galaxy S9 device missed sales targets and competition heated up, casting doubt on its leadership of the smartphone market.
The Apple … Read the rest