Industry

Corporate operations and sector-specific developments. M&A, executive appointments, industrial policy, manufacturing, energy, and regulatory affairs.

BASF Sues Duracell Over Lithium-Ion Battery Trade Secrets

BASF files lawsuit against Duracell for allegedly misappropriating lithium-ion battery trade secrets, highlighting IP protection challenges.

Published: Apr 10, 2025, 1:07 AM

Trump Revives Coal Industry with Executive Orders to Meet AI Energy Demands

Trump signs executive orders revitalizing coal to meet AI-driven energy demands, sparking environmental and economic debates.

Published: Apr 9, 2025, 6:17 PM

CMA CGM Partners with Mistral AI in €100 Million Deal to Boost AI Innovation

CMA CGM to enhance operations with Mistral AI partnership, investing €100 million in AI to revolutionize shipping and media.

Published: Apr 7, 2025, 1:07 AM

Holcim to Spin Off North American Operations into New Entity, Amrize

Swiss building materials giant Holcim plans to spin off its North American operations into Amrize, targeting a $30 billion valuation. The move aligns with Holcim's growth strategy amidst a challenging U.S. construction market.

Published: Apr 4, 2025, 6:05 PM

Darden Restaurants Reports Strong Fiscal Q3 Growth with Chuy's Acquisition

Darden Restaurants saw a 6.2% sales increase in Q3, bolstered by a strategic acquisition of Chuy's and steady same-restaurant sales. The company's expansion highlights its resilience amid economic challenges.

Published: Apr 4, 2025, 9:05 PM

Don Moul Appointed as New CEO of Tennessee Valley Authority Amidst Political Shifts

Don Moul, formerly TVA's COO, will step in as CEO of the Tennessee Valley Authority on April 9, amidst recent political changes and debates over energy strategies.

Published: Apr 1, 2025, 12:00 PM

Thames Water CFO Resigns Amid Financial Turmoil

The CFO of Thames Water, Alastair Cochran, resigns as the utility giant battles a severe financial crisis, grappling with a £20 billion debt and the need for £3 billion in new equity. Potential nationalization and government intervention loom as the company seeks financial stability.

Published: Mar 29, 2025, 11:33 AM

U.S. Stock Markets Tumble Amid Inflation Concerns and New Tariffs

U.S. stock markets suffered major losses as inflation fears and a new auto import tariff announced by President Trump heightened economic uncertainties. The S&P 500, Dow Jones, and Nasdaq all recorded significant declines, reflecting investor unease.

Published: Mar 29, 2025, 1:36 AM