admin

Japan’s Chemical Industry Consolidates Amid Chinese Oversupply

Japan’s chemical majors are taking bold steps to weather a storm of margin pressure created by a glut of Chinese petrochemical capacity. In a watershed move, Mitsui Chemicals, Idemitsu Kosan, and Sumitomo Chemical have signed a memorandum of understanding to integrate their domestic polyolefin (PO) operations into Prime Polymer, the …

Read More »

Amazon reportedly plans to cut around 30,000 corporate jobs

Amazon could be implementing the largest job reduction at the company since 2023.  As reported by Reuters on Monday, people familiar with the matter said that up to 30,000 corporate positions may be eliminated starting Tuesday. The job cuts are expected to affect various sectors, including human resources, devices and …

Read More »

Tinubu vs Sowore: Court Announces Fresh Development

The federal high court in Abuja has rescheduled the hearing of the DSS suit against Omoyele Sowore, a journalist and former presidential candidate According to the court, the case was adjourned because the judge was not available for the hearing Sowore is currently facing trial over his claim against President …

Read More »

AI, Cyber Risk, and Insurance: Protecting Multinationals in 2025

The technology adds as many problems as it solves. Artificial intelligence can be both a curse and a savior for corporate executives intent on protecting sensitive business and customer data from the onslaught of cyber risks bombarding today’s business world. AI systems can help multinationals shield themselves against attacks, offering …

Read More »