Business
VESSEL REVIEW | New Zealand’s Auckland Transport to operate new electric ferry on inner city routes
New Zealand transport provider Auckland Transport will soon commence operational sailings of a new catamaran commuter ferry built by local shipyard McMullen and Wing. Internal Pages – Super (728×90) – Position 14 The vessel is the first example in a new series of fast commuter ferries designed by local company EV Maritime and built with […]
B3 presents 14 auctions that test the market’s interest in large projects
Heloisa Helena – Editor 03/09/2026 5:47 pm – Updated 5 hours ago 3 Min Créditos: Freepik – https://br.freepik.com/ The month of March will feature a series of 14 auctions on B3 (Brasil, Bolsa e Balcão: Brazil’s official stock exchange) that should boost national infrastructure, measuring market interest in large projects and potentially releasing R$41 billion […]
Iran’s choice of leader appears to close path to negotiated end to war
“I am so happy that he is our new leader. It was a slap in the face to our enemies that thought the system will collapse with the killing of his father. Our late leader’s path will continue,” said university student Zahra Mirbagheri, 21, from Tehran. Many Iranians had celebrated the elder Khamenei’s death, weeks […]
Aureus to merge with drone maker Powerus
Aureus Greenway Holdings, a golf club company, said it would merge with Powerus in a deal designed to take the drone technology company public. Drones have become a major procurement priority for the Pentagon and are widely used in Ukraine, where dense air defense systems near the front lines limit the deployment of conventional aircraft. […]
Indonesia enters agreement with India to procure Brahmos missiles
Indonesia has entered an agreement with India to procure the Brahmos missile system, its defence ministry spokesperson Rico Ricardo Sirait told Reuters on Monday. In 2023, Brahmos, a company co-owned by the Indian and Russian governments, told Reuters it was in advanced discussions with Jakarta on a deal worth $200 million to $350 million. Rico […]
FACTBOX | What governments are doing to reduce impact of war-induced oil shock
Oil prices have soared while share markets have skidded on fears that the escalating US-Israeli war on Iran will squeeze energy supplies and hamstring industries around the world. Following are actions that governments are taking or plan to take to reduce the impact of the war on their economies. South Korea plans fuel cap South […]
European gas prices climb back to 2023 peaks as Iran war persists
The Dutch front-month contract at the TTF hub, the benchmark price for Europe, hit its highest since early January 2023, jumping nearly 25 per cent to €66.50 per megawatt hour. By 10:01 GMT it was trading at €61.60/MWh, a 15.7 per cent rise, ICE data showed. It had previously hit the highest since January 2023 […]
Electromagnetic Geoservices signs term sheet to sell business
The decision follows a several-month strategic review that EMGS described as, “the best available alternative to safeguard the interests of the company’s stakeholders, including employees, customers and creditors.” Other alternatives, such as a full restructuring or an orderly wind-down, were not considered viable by the company given its current financial position. The buyer will immediately […]
NATO’s Arctic exercises begin with a spotlight on civilian logistics
Focus on civilian readiness Norway has declared 2026 the year of “total defence”, which puts emphasis on boosting the readiness of civilians, businesses and public institutions to cope with war and other catastrophes, the latest move by a Nordic nation to boost civilian preparedness. “We want our military to do its job of defending the […]
India’s GAIL moves to plug supply gaps with fresh LNG tender
India’s largest gas distributor, GAIL, has issued a tender seeking a cargo of liquefied natural gas (LNG) for delivery in March, as the conflict in the Middle East curtailed shipping and halted Qatari output. GAIL is seeking the cargo for delivery on March 15-25 in a tender that closes March 9, two industry sources said […]