Microsoft Signs $9.7 Billion Cloud Deal With Iren as AI Demand Swells
Wedoany.com Report-Nov. 4, Microsoft has signed a $9.7 billion agreement with data-center operator IREN to secure access to Nvidia’s latest processors, aiming to ease the computing shortage that has...
Samsung SDI in Talks With Tesla to Supply Energy Storage Batteries, Shares Soar
Wedoany.com Report-Nov. 4, South Korea’s Samsung SDI announced on Tuesday that it is in discussions with Tesla to supply energy storage batteries, in a deal estimated by local media to exceed 3 tril...
OpenAI Turns to Amazon in $38 Billion Cloud Services Deal After Restructuring
Wedoany.com Report-Nov. 4, OpenAI has signed a seven-year, $38 billion agreement with Amazon.com to purchase cloud services from Amazon Web Services (AWS), marking its first major infrastructure inves...
US Becomes First Country to Export 10 Million Tonnes of LNG in Single Month
Wedoany.com Report-Nov. 4, According to preliminary data from financial firm LSEG, the United States became the first country to export 10 million metric tonnes (mmt) of liquefied natural gas (LNG) in...
Malaysia PM Says $142 Million Magnet Plant to Boost Rare Earth Sector
Wedoany.com Report-Nov. 4, Malaysian Prime Minister Anwar Ibrahim announced that a 600 million ringgit ($142 million) super magnet manufacturing facility will be developed in the state of Pahang, a pr...
Glencore Plans to Shut Canada’s Largest Copper Metal Operation Over Costs
Wedoany.com Report-Nov. 4, Glencore is reportedly planning to close its Horne smelter, Canada’s largest copper metal-producing facility, due to environmental challenges and the significant costs req...
SLB Launches New AI Product as It Focuses on Digital Sales Growth
Wedoany.com Report-Nov. 4, Energy technology company SLB (SLB.N) announced on Monday the launch of a new artificial intelligence tool called Tela, designed to automate processes and workflows for ener...
Exxon Explores More Refinery Upgrades as It Hones in on Higher-Value Products
Wedoany.com Report-Nov. 4, Exxon Mobil (XOM.N) is exploring further opportunities to upgrade its refining and chemical operations after launching four new projects this year, an executive said in a re...
Orsted Sells 50% Stake in UK Wind Farm for $6 Billion to Apollo
Wedoany.com Report-Nov. 4, Denmark’s Orsted (ORSTED.CO) announced on Monday that it has agreed to sell a 50% stake in the Hornsea 3 offshore wind farm in the United Kingdom to Apollo Global Manageme...
Panama Canal to Complete Prequalification for Port Concessions in Early 2026
Wedoany.com Report-Nov. 4, Executives from the Panama Canal Authority plan to meet with global shipping companies in early December to discuss potential participation in the construction and operation...