SunPower Inc. has acquired California-based solar installer Cobalt Power Systems for $12 million, a strategic move to strengthen its project delivery in key markets and expand its premium renewable energy offerings.
Backed by LVMH, the sustainable colour technology startup Sparxell has secured $5 million in pre-Series A funding. The capital will fuel the commercial-scale production of its biodegradable, cellulose-based pigments, targeting the textile, cosmetics, and automotive industries as regulatory pressure on synthetic dyes intensifies.
At its 2026 Annual Meeting, Enerpac Tool Group shareholders voted to re-elect the full slate of directors, retain Ernst & Young as auditor, and approve the company's executive compensation plan, signaling broad support for the current leadership's strategy.
Two additional regions in North Darfur have now crossed the famine threshold for acute malnutrition, a U.N.-backed monitor reports, as Sudan's civil war and dwindling aid resources push millions toward starvation.
Stanley Black & Decker reported a mixed 2025, highlighting strong margin improvement and cash flow but facing volume declines. As the company navigates tariff impacts and executes strategic divestitures, its 2026 outlook hinges on brand revitalization and disciplined cost management.
Suncor Energy executives, in their Q4 2025 earnings call, detailed a year of record safety and operational performance, achieving multi-year financial targets ahead of schedule. Management credits a culture of internal optimization and capital discipline for delivering higher volumes at lower costs, even amid declining oil prices.
Qualcomm shares tumbled after the chipmaker issued a weaker-than-expected quarterly forecast, citing an industry-wide memory shortage driven by surging AI data center demand that is forcing smartphone manufacturers to cut back.
A new industry report uncovers a significant blind spot in UK fashion retail: the management of Goods Not for Resale (GNFR). With the sector under intense margin pressure, a strategic overhaul of this £3.9bn expenditure area could unlock savings equivalent to the profit from nearly £6bn in extra sales.
Financial services firm Stifel issues a stark forecast for Bitcoin, suggesting a potential decline to $38,000 based on historical crash patterns and a shifting dynamic with the U.S. dollar, framed through an unusual cinematic analogy.
As Bitcoin and its largest ETF hit 52-week lows, investors are weighing the pros and cons of indirect exposure through funds like BlackRock's iShares Bitcoin Trust versus direct ownership.
In a joint appeal, Volkswagen and Stellantis warn that Europe's auto industry faces an existential threat from global competition and urge immediate subsidies and a cohesive 'Made in Europe' strategy to safeguard its future.
The insatiable demand for advanced memory chips from artificial intelligence data centers is creating a supply crunch, driving up costs and forcing smartphone makers into difficult choices. Industry analysts warn the squeeze threatens to hollow out the market for feature-rich, mid-priced devices.
German chipmaker Infineon Technologies is fast-tracking its artificial intelligence investments and acquiring AMS Austram's sensor portfolio, a strategic move to solidify its position in the high-growth AI-driven automotive and industrial sectors.
A consortium of leading South African financial and tech firms has launched ZARU, a stablecoin pegged 1:1 to the South African Rand. The move is seen as a strategic response to the rapid adoption of dollar-denominated stablecoins and aims to keep local currency relevant in the digital age.
Sullivan & Cromwell advised on the highest-value deals in the consumer sector last year, while Kirkland & Ellis worked on the greatest number of transactions, according to new data from GlobalData.
The cryptocurrency market has shed half a trillion dollars in value in a week, with Bitcoin tumbling below key support levels and challenging its perceived role as 'digital gold' amid broader market turmoil.
IBM appoints PepsiCo Chairman and CEO Ramon Laguarta to its board of directors, bringing global consumer goods and digital transformation expertise to guide the tech giant's strategic pivot.
Vitalik Buterin's suggestion to revise Ethereum's long-held scaling strategy, moving away from a primary reliance on Layer 2 networks, has sent shockwaves through the ecosystem. Founders of major scaling projects are now defending their value proposition, emphasizing specialization beyond mere transaction processing.
Potato supplier Lamb Weston appoints former AB InBev executive Jan Craps to a newly created executive chairman role and names a new CFO, as the company seeks to navigate profit pressures and activist investor demands.
The U.S. Treasury Department has released long-awaited proposed rules governing tax credits for biofuels, providing a roadmap for producers of corn-based ethanol and soybean-based renewable diesel. Industry leaders hail the move as a critical step for market certainty and domestic energy independence.
