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Motherson bid for Japan’s Marelli faces divide among creditors

May 26, 2025

IHI and GE Vernova to test parts for ammonia-burning gas turbines
TOKYO — Japanese engineering company IHI and GE Vernova have built a facility at a plant in Japan to develop a combustor for large-scale ammonia-burning gas turbines for power generation, as the companies near an important step in decarbonizing thermal power. Test equipment has been installed at an IHI plant in Aioi, Hyogo prefecture, in…
Why Al-Udeid Air Base in Qatar is Iran’s retaliatory target
IE 11 is not supported. For an optimal experience visit our site on another browser. Video shows possible missiles over Qatar after Iran says it launched strike against U.S. base 00:47 No U.S. casualties reported in Iranian strike on base in Qatar 04:18 Qatar calls for immediate cessation of hostilities between U.S. and Iran 03:59…
New Stellantis CEO faces slew of challenges, vows to avoid ‘mediocrity’
DETROIT — “Mediocrity is not worth the trip.” That was part of incoming Stellantis CEO Antonio Filosa’s first public message after being named to lead the global automaker. It was a mantra decades in the making, as he spent 25 years climbing through the company’s ranks, starting from a role as a night shift paint…
Phuket’s luxury housing market booms as developers eye overseas buyers
BANGKOK/MANILA/JAKARTA — Premium housing developments are on the rise in a Thai resort getaway, following a regional trend to counter looming economic slowdowns. Thai real estate giant Ananda Development has launched an ambitious project to build a sprawling residential community on the resort island of Phuket, targeting wealthy buyers.
Which famous Pakistani actress embraces Hijab? Opens up about personal struggles
Watch: Which famous Pakistani actress embraces Hijab? Opens up about personal struggles Arij Fatima, a Pakistani television actor, left the showbiz industry in 2019 after her hit drama serial “Hassad”. She has performed in dramas like “Aik Pal”, “Aap Kay Liey”, “Ishq Parast”, and “Humnasheen”. She married Dr. Ozair Ali in 2017 and is now…
Airlines divert, cancel more Middle East flights after Iran attacks U.S. milit base
Airlines diverted more flights in the Middle East on Monday after Iran’s armed forces said the country launched a missile strike on a U.S. milit base in Qatar, exacerbating the region’s milit conflict. More than 20 commercial aircraft bound for Doha, Qatar, diverted, while another four heading to Dubai in the United Arab Emirates turned…
PIA suspends flight operations to Gulf countries amid regional escalation
PIA suspends flight operations to Gulf countries amid regional escalation In light of the recent tensions, Pakistan International Airlines (PIA) has made several changes to its flight operations to ensure passenger safety. Pakistan International Airlines (PIA) has temporarily stopped its regular flights to Gulf countries due to rising milit tensions. This decision came after Iran…
Democrats to choose new House Oversight Committee leader to take on Trump
WASHINGTON — Democrats on Tuesday will select their new leader on the House Oversight Committee, a lawmaker who will play a critical role in investigating President Donald Trump and his administration in the next Congress if the party takes control of the chamber in the 2026 midterm elections. It’s a highly competitive, four-way race for…