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Schneider Electric to buy US software firm

The logo of Schneider Electric is pictured at the Global Industrie exhibition in Villepinte near Paris, France, March 26, 2024 (Reuters/Benoit Tessier)  FRANCE’s Schneider Electric struck its biggest deal ever on Monday, agreeing to buy in an all-cash deal valuing the US software company’s equity at around $22.6 billion, it …

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AkzoNobel sells Southeast Asia paint business

Cans of Dulux paint, an AkzoNobel brand, are seen on the shelf of a DIY retail store in Manchester, Britain, June 14, 2024 (Reuters/Phil Noble/File)  AKZONOBEL said on Monday it has agreed to sell its Southeast Asian decorative paints business to Nippon Paint for $1.35 billion, completing a review of …

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Foxconn Q3 revenue soars on AI demand

Photo: Reuters/File TAIPEI — Taiwan’s Foxconn, the world’s largest contract electronics maker, reported on Monday a 47-percent jump in third-quarter revenue year-on-year that beat market estimates, fueled by strong artificial intelligence (AI)-related demand. Revenue for the July-September quarter was T$3.03 trillion ($95.4 billion), well above an LSEG SmartEstimate of T$2.83 …

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UAE firm to enter Indian energy market

DUBAI — United Arab Emirates (UAE)-based technology company AIQ has signed an agreement to enter India’s oil and gas sector as it steps up efforts to expand beyond its home market, company executives said on Wednesday. AIQ will deploy its technology across the refineries, gas stations, and digital stores of …

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Trump tariffs a mixed bag for US auto industry

Toyota has announced a $3.6 billion expansion of a San Antonio plant as it moves Tacoma pickup production from Mexico to San Antonio © Brandon Bell / GETTY IMAGES NORTH AMERICA/AFP/File NEW YORK — President Donald Trump has claimed a “roaring comeback” in American auto manufacturing following aggressive trade policy, …

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Longchamp names Jung So-min as its South Korean ambassador

French fashion house Longchamp has named South Korean actress Jung So-min its new local ambassador, citing her independent spirit, personal style and positive energy as qualities that reflect the brand’s values. Jung has appeared in Korean dramas across several genres, including the fantasy and historical series “Alchemy of Souls,” the …

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Solar prints, high-shine hues, boxy looks stride down runway

Group fashion shows in the past often came across like an unspoken competition among the participating designers. The more flamboyant and outré the outfits, the better. Long-time fashion watchers might recall how veteran designer Frederick Peralta once presented an all-giraffe print collection punctuated with heavy, organic-looking jewelry. Although there were …

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