Industry

Equinor Unveils New Business Unit for Integrated Renewable Energy Solutions

Equinor launches new unit combining renewables and energy storage to meet rising global electricity demand.

#equinor, #renewable energy, #energy storage, #global electricity demand, #offshore wind

UBS Group Names Evan Raine as New Head of Media and Telecom M&A for the Americas

UBS appoints Evan Raine to lead its Americas media and telecom M&A, strengthening its sector presence.

#ubs, #mergers and acquisitions, #media and telecom, #industry

Microsoft Cancels Major Data Center Leases Amid AI Infrastructure Reassessment

Microsoft cancels 200 MW data center leases in strategic AI shift, affecting U.S. communities.

#microsoft, #data centers, #ai, #tech industry

China Clarifies Semiconductor Origin Amid US Trade Tensions

China's new ruling on semiconductor origin impacts US firms amid escalating trade tariffs, influencing global supply chains.

#china, #us, #semiconductors, #trade tensions, #tariffs

Next-Gen Power: Hitachi and Mitsubishi Expand Pennsylvania Facilities to Meet Rising Energy Demand

Hitachi and Mitsubishi invest $150M in Pennsylvania to expand power grid, creating 300+ jobs amid rising U.S. energy demands.

#energy, #infrastructure, #investment, #Pennsylvania, #jobs

Intel Secures $7.86 Billion in Funding for U.S. Semiconductor Expansion

Intel receives $7.86 billion under the CHIPS Act to boost U.S. semiconductor manufacturing, amid political scrutiny from Trump.

#intel, #semiconductors, #CHIPS Act, #technology, #investment

Revolutionizing Tuna Quality Assessment: Fujitsu and Sonofai's Innovative AI Ultrasound Machine

Fujitsu and Sonofai unveil AI-powered ultrasound tech to rapidly assess tuna quality, revolutionizing traditional methods in the seafood industry.

#seafood industry, #technology, #ai, #fujitsu, #food processing

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.

#basf, #duracell, #trade secrets, #battery technology, #lawsuit

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.

#trump, #coal industry, #defense production act, #ai energy demand

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.

#AI, #shipping, #CMA CGM, #Mistral AI, #investment

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.

#holcim, #amrize, #construction, #spin-off, #sustainable construction

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.

#darden restaurants, #chuy's acquisition, #fiscal growth, #casual dining, #financial results

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.

#tva, #leadership, #nuclear energy, #energy policy, #don moul

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.

#finance, #united kingdom, #utilities, #water crisis, #corporate leadership

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.

#stock market, #inflation, #economic slowdown, #tariffs, #federal reserve