Mitsubishi Electric Corporation (TOKYO: 6503) announced today that its wholly owned subsidiary Mitsubishi Electric Hydronics & IT Cooling Systems S.p.A. (MEHITS), headquartered in Bassano, Italian Republic, has acquired a stake in Intramech Pty Ltd., a Republic of South Africa company specializing in sales and services for applied HVAC and IT cooling systems. By deepening its relationship with Intramech, a company with strengths in sales, service and engineering in southern Africa, Mitsub...

Iochpe-Maxion (B3: MYPK3) through its wheels business, Maxion Wheels, announced the strategic expansion of its light vehicle aluminum wheels business in South America with the redeployment of existing global assets to Brazil, and the acquisition of a 50.1% shareholding in Polimetal, a leading producer of aluminum wheels in Argentina. “Passenger car sales continue to rise across South America, with our wheels business, especially light vehicle aluminum wheels, continuing to gain share in Merco...

IFF (NYSE: IFF) — a global leader in flavors, fragrances, food ingredients, health and biosciences — announced plans to build a new scent creative center in Mumbai, India. The site, strategically located in the city’s Powai neighborhood, is expected to be fully operational by the first half of 2026. With India’s fragrance market projected to maintain steady growth, the new creative center will strengthen IFF’s ability to win with customers by delivering leading fragrance innovation. This press...

Enterprises across the Asia Pacific region are rapidly incorporating AI into their application development and maintenance (ADM) operations, changing how applications are built, tested and maintained, according to a new research report published today by Information Services Group (ISG) (Nasdaq: III), a global AI-centered technology research and advisory firm. The 2025 ISG Provider Lens® AI-Driven ADM Services report for Asia Pacific finds that a growing number of enterprises are adopting AI-...

Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company (NASDAQ: AMZN), and HUMAIN, a Public Investment Fund (PIF) company delivering global full-stack AI solutions, announced today at the U.S.-Saudi Investment Forum their plans to provide, deploy and manage up to 150,000 AI accelerators in a data center facility known as an “AI Zone” in Riyadh. As part of the expanded partnership, AWS will become HUMAIN’s preferred AI partner globally, and the two companies will collaborate to bring AI co...