The future of the Liberty Bell Bay manganese smelter remains uncertain as administrators continue negotiations with a preferred buyer consortium. A key member withdrew, creating a funding deadline, but a recent meeting provided a temporary reprieve, allowing workers to keep their jobs for now.
The administrator of the Liberty Bell Bay manganese smelter is continuing to engage with its preferred buyer consortium, providing a six-week funding commitment and a reprieve for over 200 workers. Adroit Capital had withdrawn from the consortium, raising job security fears, but ongoing talks offer hope for a sale.
The mothballed Liberty Bell Bay smelter in Tasmania has received a six-week funding commitment, allowing administrators to continue negotiations with a potential buyer consortium. Workers will retain their jobs for the interim period.
As Donald Trump turns 80, a collection of public figures offer a mix of sarcastic thanks, sharp criticism, and reflections on his resilience and impact on global politics, finance, and American society.
A European consortium, led by Airbus, has signed an agreement to develop a new fighter jet, potentially replacing the defunct Franco-German FCAS project. Several companies from Germany and Spain are involved, pushing for a swift government decision and funding commitment.
A smartwatch alert prompted a man in São José do Rio Preto, Brazil, to seek medical attention, leading to the diagnosis of atrial fibrillation. While smartwatches show potential in early detection, experts emphasize they are screening tools and do not substitute for medical exams.
A new report reveals climate change is accelerating, with global temperatures rising at an unprecedented rate. The 1.5°C Paris Agreement threshold is projected to be breached by 2030, driven primarily by human activities like fossil fuel combustion.
Une étude de 73 chercheurs internationaux alerte que le réchauffement climatique dépassera 1,5 °C vers 2030, confirmant l'urgence climatique. Ce seuil de l'accord de Paris sera atteint dans les quatre prochaines années.
A Reliance-led consortium has won the bid to redevelop the 101.36-acre Juhu Galli slum in Mumbai, promising over 28,000 new homes under the Maharashtra government's cluster redevelopment policy. The project involves significant financial commitment for resident transit accommodation.
Tender documents for Hong Kong's innovation hub reveal a HK$100 million construction bond and a strict 30-month development deadline for winning consortiums. These requirements aim to attract well-capitalized bidders and prevent stalled projects.
A consortium led by Airbus has proposed a new fighter jet plan after the collapse of the Franco-German Future Combat Air System (FCAS) project. The proposal, submitted to German Defense Minister Boris Pistorius, aims to revive European defense integration following disagreements between industrial partners.
Altice France et un consortium (Bouygues, Free, Orange) négocient la cession de certains actifs pour 20,35 milliards d'euros, avec un délai prolongé de 48 heures. L'accord, s'il est conclu, devra passer par les autorités de concurrence et pourrait entraîner une modération de la hausse des prix sur un marché à trois opérateurs, inquiétant les salariés sur leurs emplois.
Former IPL chairman Lalit Modi has accused the UPA government of exerting political pressure on him in 2010 regarding the Kochi Tuskers Kerala franchise ownership. Modi alleged that Sonia Gandhi, Ahmed Patel, and Pranab Mukherjee intervened when he questioned Sunanda Pushkar's equity stake without proportionate contribution, and that Shashi Tharoor threatened him.
A Trump Tower project in Tbilisi, Georgia, is planned on land partly owned by Uta Ivanishvili, son of US-sanctioned leader Bidzina Ivanishvili. The deal raises concerns about potential conflicts of interest due to the Trump Organization's involvement.
A consortium of 37 banks across 15 countries, Qivalis, is launching a euro-denominated stablecoin to challenge the dollar's dominance in crypto payments and settlement. Despite current market saturation by dollar stablecoins like USDT and USDC, Qivalis aims to leverage its regulatory compliance and bank network to establish euro rails for tokenized assets.
US Secretary of State Marco Rubio announced the arrest of Adys Lastres Morera, sister of the Executive President of Cuba's GAESA consortium, in Florida. Rubio stated Morera managed real estate assets in Florida while aiding the Cuban government, posing a threat to US national security.
Qivalis, a European banking consortium, expanded to 37 members with 25 new banks joining from 15 countries, including ABN AMRO and Intesa Sanpaolo. The group aims to launch a regulated euro stablecoin in H2 2026, despite ECB skepticism.
Hedge fund Elliott Investment Management, led by billionaire Donald Trump donor Paul Singer, is in talks to rescue UK water company Thames Water. Critics fear the deal could allow pollution and prioritize profit over infrastructure, while the government seeks to avoid a market meltdown.
The Caspian Pipeline Consortium (CPC) anticipates exporting a record 72 million tons of oil in 2026, according to company head Nikolay Gorban. This projection, despite previous adjustments, builds on a historical record set in 2025.
Naver Corp. stated it has not yet decided on acquiring Baedal Minjok's operator, Woowa Brothers, despite media reports of a potential consortium with Uber to purchase the company for $5.37 billion from Delivery Hero.
A rescue deal for Thames Water is at risk due to uncertainty over the UK's next Prime Minister. Creditors led by Elliott Management are negotiating with ministers, but potential successor Andy Burnham's stance on public ownership could derail the agreement.
L’enquête d’un consortium de médias révèle le rôle de l’université technique Bauman à Moscou pour former des futurs officiers du GRU, le service de renseignements responsable de nombre de cyberattaques en Europe.
China ranked third in a new global index measuring competitiveness in AI for biotechnology, healthcare and longevity, as the race to apply AI moves from chatbots and general-purpose models into regulated, data-heavy industries such as drug discovery, diagnostics and preventive medicine. The latest edition of the Global AI Competitiveness Index, released on Monday by Deep Knowledge Group, a consortium focused on deep-tech research, analytics and investment, ranked China behind only the US and UK...
Linea Consortium board director Declan Fox said the move gives its technology a neutral, foundation-governed home.
