Kroger to Pay Ocado $350M After Closing Automated Warehouses
Kroger to Pay Ocado $350M After Closing Automated Warehouses LONDON – British technology firm Ocado Group will receive a $350 million cash payment…
Orange: Cyber Extortion Tripled Since 2020
Cyber Extortion Triples as Industrialized Cybercrime Becomes Geopolitical Weapon, Orange Report Finds PARIS – Cyber extortion has tripled globally since 2020, driven by…
UBS Billionaire Report: Wealth to Record $15.8 Trillion
Innovation and Inheritance Push Global Billionaire Wealth to Record $15.8 Trillion ZURICH – Global billionaire wealth reached an all-time high of $15.8 trillion…
Update: Swiss Re Promotes Pieterse to Chief People Officer
Swiss Re Promotes Pieterse to Chief People Officer ZURICH – Global reinsurance firm Swiss Re announced Thursday it has appointed Nicole Pieterse as…
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…