Author: Lucas

SEOUL, South Korea, Nov. 24, 2025 /PRNewswire/ — HD Hyundai has secured an order for ultra-large container ships worth around 1.46 billion USD, recording the largest container ship order volume in 18 years since the shipbuilding supercycle in 2007. A 13,000 TEU-class container ship built by HD Hyundai Heavy Industries and delivered in 2024 HD Korea Shipbuilding & Offshore Engineering (HD KSOE), the intermediate holding company for HD Hyundai’s shipbuilding business, announced on Sunday, November 23, that it has signed a shipbuilding contract with HMM for eight 13,400-TEU dual-fuel container ships. The total contract value amounts to 1.456 billion USD.The vessels…

JOHANNESBURG: G20 leaders have committed to engaging constructively to address concerns regarding global minimum tax and tax challenges arising from digitalisation of the economy, while preserving the tax sovereignty of all countries. In a declaration issued after the G20 Summit in South Africa, leaders of 20 developing and developed nations also called for a new OECD framework that will enable interested jurisdictions to strengthen international tax transparency on immovable property on a voluntary basis. “We will continue engaging constructively to address concerns regarding Pillar Two global minimum taxes, with the shared goal of finding a balanced and practical solution that…

As real-world asset (RWA) tokenization surges, the crypto industry is entering unfamiliar territory, bringing traditional equities, private credit, and commercial paper onchain and uncovering potential critical risks along the way. Marcin Kaźmierczak, co-founder of oracle provider RedStone, says a risk is potentially being overlooked: the weekend gap, where crypto trades 24/7, while Wall Street does not. In traditional finance, if disaster strikes a company over the weekend, the market is closed and then the stock “gaps down” when the opening bell rings on Monday. Meanwhile, in the crypto market, trading never stops. As more stocks are brought onchain, the gap…

PHOENIX — A precision manufacturing company, Pure-Logic Industries, recently broke ground on a new headquarters in the Chandler Airpark district, according to a press release. The building will be 29,845 square feet and located at 2605 E. Cessna Drive. The latest addition to Chandler Airpark, which is currently home to 484 businesses over its nine square miles, has an estimated completion of September 2026. It will serve as a consolidated hub for Pure-Logic Industries, with space for manufacturing, research, production and business administration. Michael Hughes, president and CEO of the company, said he is excited to “celebrate our organization’s 30-year…

Show Fullscreen LUXEMBOURG: Leasing company Nexrail Lease has awarded Stadler a framework contract for the supply of up to 200 Euro9000 electric-battery freight locomotives, with the smart battery modules expected to provide benefits extending beyond fully zero-emission operation from terminal to terminal. ‘We decided on batteries instead of diesel, because diesel reduces reliability and requires more maintenance’, Nexrail CEO Luuk von Meijenfeldt told Railway Gazette International when the contract was announced on November 12. As well as enabling off-wire last mile operations, the 636 kWh lithium-titanium-oxide battery module and smart management system will enable brake energy to be recovered and stored…

What’s happening to Bitcoin? Will it go to Zero? (Photo illustration by Dan Kitwood/Getty Images)Getty ImagesBitcoin is down 30% from its peak and gold is tumbling from $4,200+. According to Financial Times, Nasdaq had its worst week since April 2025, especially the tech heavy companies. Many of my friends are asking me “Is Bitcoin going to $0?” after believing the potential of the asset highlighted in this Forbes article when Bitcoin hit $126K!When the ‘digital gold’ crashes alongside actual gold, and AI darling stocks crater together, are we witnessing a fundamental shift or just a spectacular correction? Is this the…

Manchester-based law firm Harrison Drury has strengthened its commercial property team with the appointment of solicitor Jessica Senior. Jessica joins from Butcher & Barlow and advises on a wide range of commercial property matters, including acquisitions and disposals, landlord and tenant work, and secured lending.  Her appointment supports continued growth within one of the North West’s largest commercial property teams, which now includes more than forty specialists. Jessica said: “The firm’s reputation for its commercial property work, and also its culture, really stood out to me. “Throughout my career, I’ve been proud to support people and businesses in achieving their…

The Silver Mountain Experience on the A44 is getting ready for the return of Santa Claus. The site near Aberystwyth will undergo a festive transformation ready for its Christmas event, running on selected dates from December 13 to 23. The historic Victorian mine buildings will be changed into elves’ workshops and a Santa’s grotto. Visitors will join the elves on a walk through the “festive factory”, discovering how they prepare for Christmas Day. Each family or group will be given a private visit with Santa, where children can share their Christmas wishes and receive a gift for being on the…

The 2025/26 PDC World Darts Championship will take centre-stage once again this Christmas as Luke Littler defends his title.The 18-year-old demolished Michael van Gerwen 7-3 at the Alexandra Palace to make history as the youngest winner ever in the last edition.3Littler overcame his final heartbreak from the year before to blow everyone awayCredit: AFPSteven Bunting says Ally Pally atmosphere is like Anfield and moving away from historic venue would be a travestyIn the end, there was no stopping The Nuke, who blasted his way to victory to claim £500,000 after defending champion Luke Humphries had been knocked out by Peter…

After a volatile week of trading, Quantum Computing stock is now down 38% this year.Quantum Computing (QUBT 0.68%) stock pulled back over the last week of trading. The company’s share price declined 3.8% in a stretch that saw the S&P 500’s level decline 2% and the Nasdaq Composite’s level fall 2.7%. The stock had been down double digits compared to its level at the previous week’s market close, but it saw a big rebound later in Friday’s session. On the heels of recent volatility, Quantum Computing stock is now down approximately 38% across this year’s trading. Image source: Getty Images.…