Business
Food Empire to invest US$37 million to expand India coffee facility, eyes Asia for growth
Food and beverage company Food Empire intends to invest US$37 million to expand the capacity of its spray-dried soluble coffee…
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facility
News
Man killed after firing at border patrol facility in McAllen, Texas
Law enforcement officials in McAllen, Texas, shot and killed a man after he opened fire with a rifle on a Border Patrol facility, the…
Business
Caleres Secures Expanded Credit Facility in Time for Stuart Weitzman Purchase
Caleres Inc. has its financial ducks in a row as it prepares to close on its purchase of the Stuart Weitzman brand. The global footwear…
Business
Swiss-American eye care firm Alcon launches expanded Tuas manufacturing facility
Alcon, a Swiss-American pharmaceutical and medical device company specialising in eye care products, opened its expanded manufacturing and…
News
What Are Bunker Busters? 15-Ton GBU-57A/B Bomb that Cost $500 Is the Only Weapon that Could Destroy Fordow Nuclear Facility
A 15-ton "bunker buster" bomb was likely needed to destroy Iran's final remaining nuclear facility — a weapon only the United States…
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US Drops Six 'Bunker Bombs' on Iran's Highly Secretive Fordow Nuclear Facility as Trump Declares Site Is 'Completely and Totally Obliterated'
The U.S. military dropped six "bunker buster" bombs on Iran's Fordow nuclear enrichment facility on Saturday night, along with strikes on…
Business
Procter & Gamble’s job cuts raise questions over possible impact on Singapore operations, new facility plans
Procter & Gamble (P&G) has so far stayed silent about how its planned reduction of about 15 per cent of its global non-manufacturing…
Business
DBS, UOB back 6.7 trillion rupiah loan facility for data centre campus in Batam’s Nongsa Digital Park
DBS and UOB have jointly provided a 6.7 trillion rupiah (S$530 million) loan facility to finance the development of a new data centre…
Business
MacDermid Alpha Electronics Solutions expands Singapore production facility
Electronics manufacturer, MacDermid Alpha Electronics Solutions, announced on Friday (May 30) the completion of its expanded production…
Business
GM to invest US$888 million for engine production at New York facility
General Motors is investing US$888 million at a New York propulsion plant to increase engine production and build a next-generation V8,…
Business
Samsung to invest US$117 million in southern Indian facility
South Korea’s Samsung Electronics will invest US$117.09 million in its facility in southern India, a minister said on Friday (Apr 25),…
Business
Boustead bags design-and-build contract for new pharmaceutical facility in Tuas
Boustead Singapore’s engineering and construction business unit, under its real estate solutions division Boustead Projects, has clinched…
News
Apple to hire 20,000 people, invest $500 billion in the U.S. amid Trump tariffs
Apple said Monday that it plans to invest $500 billion in the United States, hire 20,000 people and open a new manufacturing factory in…
News
Gemelli hospital: The facility treating Pope Francis
Outside the Gemelli Hospital in Rome stands a large statue of one of its most famous patients, Pope John Paul II. Made of white Carrara…
Business
MBS gets record S$12 billion loan; DBS, OCBC, UOB, Maybank coordinating facility
MARINA Bay Sands has obtained a S$12 billion multi-tranche loan to fund a planned expansion of its casino resort in Singapore, according…
Business
Singtel’s Optus secures A$1.95 billion in credit facility with 12 banks
SINGTEL’S Australian subsidiary, Optus, has inked a A$1.95 billion (S$1.64 billion) committed revolving credit facility with 12 banks to…
Business
China’s WuXi Biologics to sell vaccine facility to Merck for US$500 million
WUXI Biologics Cayman will sell a vaccine facility in Ireland to Merck for about US$500 million as the Chinese company seeks to enhance…
News
Ukraine destroys Russian kamikaze drone facility deep behind front line
Ukraine has said it has destroyed a facility inside Russia where Iranian drones were being readied for Moscow's war effort. Ukraine's…
Business
Cromwell E-Reit manager to refinance office loans early with higher all-in interest rate facility
This is to facilitate the divestment of its stake in the Reit and European fund management platform THE manager of Cromwell European Real…
Business
Iran agrees to stricter monitoring of uranium facility
Iran is permitting closer surveillance of a controversial uranium facility after agreeing that the International Atomic Energy Agency…
Business
IFC, HSBC inks US$1 billion risk-sharing facility to boost trade financing in emerging markets
The two will equally share the risk on a portfolio of trade-related assets held by emerging-market banks in 20 countries THE International…
Business
IFC, HSBC ink US$1 billion risk-sharing facility to boost trade financing in emerging markets
The two will equally share the risk on a portfolio of trade-related assets held by emerging-market banks in 20 countries THE International…
Business
'Monkey deaths' at primate research facility investigated by USDA
The U.S. Department of Agriculture (USDA)'s Animal and Plant Health Inspection Service (APHIS) has confirmed it is investigating claims…