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AD Ports’ unit enters construction logistics, acquires 31 tipper trucks

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Abu Dhabi / WAM Micco Logistics, a subsidiary of AD Ports Group, acquired 31 tipper trucks as part of its effort to offer broader integrated logistics support to the UAE’s construction and metals manufacturing sectors. The trucks will join Micco’s existing ground fleet of 400 plus vehicles that currently service several industry sectors, including the Pharmaceutical, Healthcare, Fresh and General ...

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Bouygues in talks to buy Engie’s Equans for $8.2b

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Bloomberg French energy giant Engie SA entered exclusive talks to sell its services unit Equans to conglomerate Bouygues SA for 7.1 billion euros ($8.2 billion) in what would be one of the country’s largest deals this year. “Bouygues’ offer was the most compelling taking into account all criteria including financial valuation,” Engie, based near Paris, said in a statement. Bouygues ...

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US can’t rely on ‘forces’ to deter China, Russia

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If US troops were deployed on Taiwan, China’s government-run Global Times warned in August, Beijing would “destroy and expel” them and “realise reunification by force.” Two months later, media reports confirmed that the Pentagon had indeed placed small numbers of US forces on Taiwan. The People’s Liberation Army didn’t strike. But the episode was enough to make one wonder whether ...

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