ABB Backs AI Firm OctaiPipe to Slash Data Center Energy Consumption
ABB Backs AI Firm OctaiPipe to Slash Data Center Energy Consumption ZURICH – Technology company ABB announced a strategic investment on Thursday in…
UCB Epilepsy Drug Fenfluramine Shows Positive Phase 3 Results
UCB Reports Positive Phase 3 Results for Epilepsy Drug Fenfluramine in Rare CDD Disorder BRUSSELS – Global biopharmaceutical company UCB announced Thursday that…
Ferrari Refinances with New €350M Credit Facility, Citing Lower Costs
Ferrari Refinances with New €350M Credit Facility, Citing Lower Costs MARANELLO, Italy – Luxury automaker Ferrari N.V. has secured a new €350 million…
Ontex Triples Baby Pants Production in North America Amid Surging Demand
Ontex Triples Baby Pants Production in North America Amid Surging Demand ATLANTA – Ontex Group NV announced Wednesday that it has tripled its…
German and Polish Cities Launch €195M Cross-Border Green Heating Project
German and Polish Cities Launch €195M Cross-Border Green Heating Project GÖRLITZ, Germany / ZGORZELEC, Poland – Energy companies and city officials from Germany…
Ferrari and Philip Morris Renew 50-Year Partnership
Ferrari Renews and Strengthens 50-Year Partnership with Philip Morris International MARANELLO, Italy – Luxury automaker Ferrari announced on Wednesday, December 3, that it…
Euro Area Lending and Deposit Rates Hold Steady in October, ECB Reports
Euro Area Lending and Deposit Rates Hold Steady in October, ECB Reports FRANKFURT, Germany – Key bank interest rates for both loans and…
Smiths Group Sells Detection Arm to CVC in £2.0bn Deal
Smiths Group Sells Detection Arm to CVC in £2.0bn Deal LONDON, UK – Smiths Group plc announced on Wednesday it has entered into…
Airbus Cuts 2025 Delivery Target Due to Fuselage Supplier Issue
Airbus still expects to achieve an EBIT Adjusted of approximately €7.0 billion AMSTERDAM, The Netherlands – Airbus announced on Wednesday it is lowering…
McDonald’s Executive Sells $2 Million in Stock Under Pre-Arranged Plan
The transactions resulted in total proceeds of approximately $2.01 million. CHICAGO, U.S. – A top executive at McDonald’s Corporation sold over $2 million…