Author: Business Enquirer
GCEX Group, the regulated digital prime brokerage, has significantly broadened its commodities offering with the launch of eight new spot trading instruments. The expansion reflects the company’s strategy to deliver simplified, secure access to physical commodity markets without the logistical complexity of physical delivery, a growing priority among institutional investors. The newly added products, Brent Crude Oil, WTI Crude Oil, Henry Hub Natural Gas, Aluminium, Nickel, Copper, Zinc, and Lead, enable clients to trade directly on price movements of core energy and industrial metals markets. These additions are available on GCEX’s proprietary XplorTrader platform and via FIX API integration, offering…
As demand for natural resources accelerates worldwide, the Mining Drilling Services Market is experiencing a significant boom. According to a new in-depth study released by HTF Market Intelligence, the global market is projected to grow from $3.46 billion in 2025 to $5.34 billion by 2032, expanding at a compound annual growth rate (CAGR) of 5.6%. This growth is driven by increasing mineral exploration, technological innovation, and a renewed focus on sustainable and data-driven mining practices. The report profiles several industry leaders playing a central role in shaping the market landscape, including: These companies are leveraging advanced drilling technologies and regional…
Belgium-based electronics manufacturing services (EMS) provider Connect Group has announced the launch of Connect Group USA Inc., a major strategic move that marks its official entry into the U.S. market. Headquartered in Atlanta, Georgia, the new entity will house a state-of-the-art manufacturing facility focused on assembly, module building, and after-sales services. The plant, expected to be fully operational by the fourth quarter of 2025, signals Connect Group’s commitment to deepening its global footprint and responding to surging customer demand for U.S.-made, locally supported manufacturing solutions. “This expansion reflects Connect Group’s commitment to bringing services closer to its clients and to…
Abu Dhabi’s newest energy powerhouse, XRG, has announced a bold five-year strategy to position itself among the world’s leading players in natural gas, LNG, and low-carbon energy. Backed by the Abu Dhabi National Oil Company (ADNOC) and valued at approximately $80 billion, the company is aiming for transformative growth as it sets its sights on becoming a major global investor in sustainable energy solutions. Launched just seven months ago, XRG is rapidly emerging as a central pillar in ADNOC’s long-term energy diversification agenda. Its newly approved business plan, covering the period from 2025 to 2030, outlines an aggressive push to…
In an era dominated by headlines about electric vehicles, General Motors (GM) is making a bold and somewhat unconventional, move by doubling down on internal combustion technology. The automaker has announced a massive $888 million investment in its Tonawanda Propulsion Plant near Buffalo, New York, to produce its next-generation V-8 engines. This initiative marks the single largest investment GM has ever made in an engine facility, reaffirming the company’s commitment to its gasoline-powered product lines even as it accelerates its electric vehicle (EV) ambitions. The Tonawanda facility has been a cornerstone of GM’s engine production for nearly nine decades. Since…
The aviation industry is gearing up for a greener future but the runway remains long. According to the International Air Transport Association (IATA), global production of sustainable aviation fuel (SAF) is expected to double to two million tonnes in 2025. While that marks progress, the volume still represents a mere 0.7% of total fuel consumption by airlines worldwide. SAF is widely viewed as a cornerstone of the industry’s decarbonisation efforts. Typically made from renewable feedstocks like used cooking oil, agricultural waste, and other biomass, these alternative fuels can cut lifecycle greenhouse gas emissions by up to 85% compared to conventional…
London-based climate tech innovator Treefera has raised $30 million in Series B funding to accelerate the global rollout of its AI-powered supply chain data platform. The round was led by Notion Capital, with support from AlbionVC, Triple Point, Twin Path Ventures, and Endeit Capital. Founded by husband-and-wife duo Jonathan Horn and Caroline Grey, Treefera is tackling one of the most opaque and critical areas of global trade: the first mile of the supply chain, where raw materials and commodities originate. This phase accounts for more than 60% of total supply chain risk and cost but remains vastly under-monitored. Treefera’s platform…
Industry poised for 12.5% CAGR as AI transforms operations, boosts efficiency, and drives sustainability. The global Generative AI in Oil & Gas market is entering a transformative phase, projected to surge from USD 227 million in 2023 to an estimated USD 737 million by 2033. This anticipated expansion reflects a strong compound annual growth rate (CAGR) of 12.5%, according to recent insights from Market.us Scoop. Generative AI is rapidly becoming a cornerstone of the energy sector, empowering companies to improve safety protocols, enhance predictive maintenance, and streamline operations. These advancements are not only unlocking greater operational efficiency but are also…
The global mining machinery market is poised for substantial growth, with projections indicating a rise from $140 billion in 2024 to $220 billion by 2034, according to a new report by Exactitude Consultancy. This marks a compound annual growth rate (CAGR) of 5.5%, signalling a decade of robust expansion driven by the shifting priorities of modern industry. At the heart of this upward trajectory lies an accelerating global appetite for critical minerals used in the production of electric vehicles (EVs), batteries, and renewable energy infrastructure. As nations ramp up efforts to decarbonize and transition to clean energy sources, the mining…
In a strategic push to strengthen its global manufacturing and compliance operations, pharmaceutical giant Cipla Ltd has appointed Prabhakaran Balakrishnan Nair as its new Global Chief Manufacturing Officer (GCMO). The appointment, effective July 1, 2025, marks a significant leadership transition as the company advances its operational and regulatory goals across international markets. With this elevation, Nair will also become part of Cipla’s Senior Management Personnel, reflecting the company’s continued emphasis on manufacturing excellence, regulatory preparedness, and quality-driven growth. Nair brings to the role more than 34 years of rich experience in pharmaceutical manufacturing and quality systems. Known for his deep…