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FRANKFURT, March 9 (Reuters) – German hydrogen firm Thyssenkrupp Nucera (TKAG.DE) has seen customer interest soar in the U.S. as a result of the Inflation Reduction Act (IRA) and may create local production capacity with Italy’s De Nora
BENGALURU, March 2 (Reuters) – U.S. boutique investment firm GQG Partners has bought shares worth $1.87 billion in four Adani group companies, marking the first major investment in the Indian conglomerate since a short-seller’s critical report sparked a stock rout. The group’s seven listed companies have lost some $135 billion in market value since Jan. […]
Feb 28 (Reuters) – Oilfield services firm Atlas Energy Solutions Inc plans to get a valuation of around $2 billion in its initial public offering in the United States, a regulatory filing showed on Tuesday. The company provides logistics services to customers in the oil and natural gas industry within the Permian Basin of West […]
The crashh of another Tupolev Tu-141 Strizh drone at Russia’s Kaluga Oblast on February 6 has revealed a new high explosive warhead, suggesting some additional modification work undertaken by the Ukrainians. Ukraine used Soviet-era drones to hit Russia’s Engels and Dyagilevo air bases last year on December 5 and 26. This also highlights a specific […]
NEW YORK, Feb 8 (Reuters) – The fate of an early year rally in stocks may depend on whether equities can withstand a recent rise in U.S. Treasury yields, as investors increasingly come around to the Federal Reserve’s higher-for-longer mantra on interest rates. Yields, which move inversely to prices, fell to start the year, after […]
Jan 23 (Reuters) – Two hacker groups associated with North Korea, the Lazarus Group and APT38, were responsible for the theft last June of $100 million from U.S. crypto firm Harmony’s Horizon bridge, the Federal Bureau of Investigation said on Monday. On Jan. 13, the groups used a privacy protocol called Railgun to launder over […]
A British bicycle entrepreneur says Brexit has buckled his business and left him with a £100,000 hole in revenues, accusing the government of failing to do enough to mitigate its impact on British small exporters. Cycloc, which has made a name for its distinctive indoor bicycle storage and accessories and includes Stella McCartney, Jonathan Ross […]
(Bloomberg) — Anthony Scaramucci said he is investing in a company set up by Brett Harrison, the former president of defunct cryptocurrency exchange FTX US. Most Read from Bloomberg Scaramucci will be using his own money for the venture to show support for Harrison, he said in an email. Harrison had been seeking funding for […]
LONDON, Jan 11 (Reuters) – The U.S. dollar held its ground on Wednesday as traders waited for this week’s U.S. consumer price data to see whether it will confirm that inflation is in retreat. The euro flattened against the dollar after a European Central Bank policymaker said the cycle of interest rate increases was approaching […]
A special court here on Monday transferred to the chief metropolitan magistrate court a CBI case against the GVK group of companies, the Mumbai International Airport Ltd (MIAL) and others for alleged financial irregularities to the tune of Rs 705 crore in running of the airport here. The Central Bureau of Investigation (CBI), probing the […]