Business
Wilson Sons advances in innovation with the use of drones in offshore logistics
Disclosure A Wilson Sons announced, this Wednesday (29), the beginning of a new stage of testing with drones for document delivery and collection intended for support vessels for oil and gas platforms in Guanabara Bayin Rio de Janeiro. The initiative represents an important technological advance for maritime and offshore logistics in Brazil. Super […]
Federal Revenue grants OAS seal to Portocel and increases predictability in operations
Disclosure A Orangea reference in the transport logistics and port operations sector, announced the achievement of certification of Authorized Economic Operator (OAS) granted by Federal Revenue of Brazil. The seal is aimed at companies that demonstrate excellence in logistics chain security, customs compliance and risk managementpositioning the company among operators classified as low […]
MSC takes over strategic Brazilian cabotage asset with purchase of Log-In Pantanal
Disclosure The shipping and maritime logistics sector registered another strategic movement with the disposal of the container ship Log-In Pantanal to a subsidiary of the group MSC (Mediterranean Shipping Company). The transaction was closed on US$17.5 millionmaintaining, however, the continuity of possession and operational use of the vessel by the Brazilian shipping company. […]
US carmakers’ China balance: cooperate abroad, protect turf at home
Automobiles Ford CEO stresses ‘national security’ as senators seek broader ban on Chinese autos Ford CEO Jim Farley, right, hosts U.S. President Donald Trump at the automaker’s production center in Dearborn, Michigan, in January. © Reuters TOKYO — Ford Motor is treading a fine line as it seeks new partnerships with Chinese automakers to enhance its […]
Samsung warns memory shortage to deepen next year as 2027 orders come in
Semiconductors Chipmaker’s profit jumps over eightfold in Q1 on strong AI demand Samsung Electronics is riding high on strong demand for memory chips as artificial intelligence technology develops. © Reuters SEOUL — Samsung Electronics is warning that the global memory chip shortage will worsen next year as anxious customers are already placing orders for 2027 even as the company’s ability to […]
Singapore’s DBS warns of ‘second-order effects’ from Iran war
Finance Bank logs higher Q1 profits, says clients exposed to rising costs Singapore’s top bank, DBS Group Holdings, announced its quarterly results on April 30. © Reuters SINGAPORE — Southeast Asia’s biggest bank, DBS Group Holdings, warned on Thursday that higher logistics and materials costs stemming from the Iran war could have a broad impact […]
Private equity firm MBK to drop takeover of Japan’s Makino
Business deals Plan ended at government request, citing national security concerns Asia-based private equity firm MBK Partners had planned to acquire machine tool maker Makino. (Source photos by Nikkei) TOKYO — MBK Partners, an Asian private equity firm, has decided to abandon its planned takeover of Japanese machine tool maker Makino Milling Machine, sources have told […]
Global drugmakers eye more China biotech deals after record year
Health Care Executives want ‘skin in the game’ despite signs of stock market cooldown Technicians work at Zhejiang Youlai Biotechnology Co. in Hangzhou on April 16. China’s pharmaceutical sector is attracting global interest. © AP WATARU SUZUKI and LORRETTA CHEN SHANGHAI/HONG KONG — Global pharmaceutical executives are hungry for more deals with Chinese biotech companies […]
Shenzhen Metro posts record $5.5bn loss as China Vanke exposure deepens
China debt crunch State-owned operator’s deficit and chairman’s exit show strain from effort to save developer Despite record losses, Shenzhen Metro said its operations, cash flow and debt-servicing ability remain unaffected. (Nikkei montage/Source photos by Wataru Suzuki, Getty Images and Reuters) SHANGHAI — Shenzhen Metro Group on Wednesday reported a record net loss of 37.5 […]
‘Everything had been looted’: Myanmar’s civil war takes heavy toll
Ommathi, a village along the Mandalay-Lashio road, is still heavily scarred by civil war clashes and, more than six months after its recapture by Myanmar’s military, remains largely deserted. (All photos by Nikkei Asia contributing writer) Myanmar Crisis Journey through Shan State highlights devastation of five-year conflict Nikkei Asia contributing writer