Federally owned highways company Autobahn has selected a Hochtief-led joint venture (JV) for a road project valued at around €‎450m ($529.1m) in Duisburg, Germany. Dubbed 'Berliner Brückenzug', the project includes the widening of A59 highway to six lanes over roughly 2km and the renewal of the adjoining A40 interchange. Construction is set to commence in January 2026, with an expected completion date in late 2029. Hochtief takes the technical lead on the initiative, holding a share of approximately €1 ...

Oklahoma City-based Expand Energy Corporation (EXE) operates as an independent natural gas production company in the United States. With a market cap of $26.3 billion, the company engages in acquisition, exploration, and development of properties to produce oil, natural gas, and natural gas liquids. Companies worth $10 billion or more are generally described as "large-cap stocks." EXE fits right into that category, with its market cap exceeding this threshold, reflecting its substantial size and influenc ...

Core Viewpoint - The deal values East African Breweries at an enterprise value of $4.8 billion as reported by Diageo [1] Company Summary - East African Breweries is positioned with an enterprise value of $4.8 billion following the deal [1] Industry Summary - The transaction reflects significant valuation metrics within the beverage industry, particularly in the East African market [1]

The U.K. drinks group said it would sell its 65% shareholding in East African Breweries. - Reuters Diageo is to sell its majority stakes in two Kenyan drinks businesses to Japanese brewer Asahi for proceeds of around $2.3 billion. The U.K. drinks group, which makes Guinness beer, Smirnoff vodka and Gordon’s gin, said it would sell its 65% shareholding in East African Breweries, or EABL, and its roughly 54% stake in distiller UDVK to Asahi. The remaining shares of UDVK are held by EABL. Most Read from T ...

BENGALURU, India, Dec. 16, 2025 /PRNewswire/ -- Trane Technologies (NYSE: TT), a global climate innovator, has once again been honored by Great Place to Work® India as one of the Top 25 Best Workplaces™ in IT & IT-BPM 2025. This marks the company’s second consecutive year receiving this distinction, demonstrating its steadfast commitment to cultivating an inclusive and innovation-driven workplace within India’s dynamic technology sector.This achievement is part of a broader pattern of excellence. Trane Tech ...

Shares of HashKey Holdings, operator of Hong Kong's largest licensed cryptocurrency exchange, fluctuated on their trading debut, as investors shunned risk amid a downturn in both equity and digital asset markets. Trading under the stock code 3887, HashKey shares first changed hands on Wednesday at HK$6.70, or 0.3 per cent above the offer price of HK$6.68 a share. The stock rose as much as 6.6 per cent before trading 1.1 per cent lower at HK$6.61 at 10.30am. The firm, one of 11 licensed virtual asset tra ...

Hong Kong stocks rebounded from a three-week low in a late rally on Wednesday, as traders weighed the prospects of monetary easing after a mixed reading on the US payroll report. The Hang Seng Index rose 0.9 per cent to 25,468.78 at the close after swinging between gains and losses during most of the day's trading. The Hang Seng Tech Index gained 1 per cent. On the mainland, the CSI 300 Index climbed 1.8 per cent and the Shanghai Composite Index added 1.2 per cent. Do you have questions about the bigge ...

MetaX Integrated Circuits soared on its trading debut in Shanghai as investors piled into the second Chinese producer of graphics processing units (GPUs) to go public this month amid optimism about China's push for self-sufficiency in semiconductors and artificial intelligence. The shares of the Shanghai-based company surged 693 per cent from the offer price to 829.90 yuan at the close on Wednesday on the technology-heavy Star Market, making the five-year-old company the third-best performing debut on the ...

Hong Kong Exchanges and Clearing (HKEX) has amended its post-listing public float rules to give companies greater flexibility in managing capital while strengthening market transparency. The bourse operator will allow listed companies to meet an alternative ongoing public float threshold, requiring at least 10 per cent of issued shares in the listed class and a market value above HK$1 billion (US$128.5 million). For mainland China-listed firms, or A shares, their Hong Kong shares must represent at least ...

Chinese robotics manufacturers are set to cement their dominance in the global smart vacuum market with Picea Robotics' acquisition of Roomba maker iRobot, after the US firm's proposed sale to Amazon.com last year fell through due to regulatory hurdles. China-based suppliers held the top five spots for worldwide smart robotic vacuum shipments in the first three quarters of 2025, led by Roborock with a 21.7 per cent market share, equal to 3.8 million units, according to data from research firm IDC. Ecova ...