Mitsui O.S.K. Lines, Ltd. (MOL) and GAIL (India) Limited (GAIL; headquarters: New Delhi), a central public sector undertaking under the Ministry of Petroleum and Natural Gas, Government of India, and the largest gas and gas supply company in India, announced their merger. A 100% owned subsidia
London Stock Exchange Group plc (LSEG) today announces that it has agreed to acquire Acadia, a leading provider of automated uncleared margin processing and integrated risk and optimisation services for the global derivatives community. The acquisition furthers LSEG’s strategy to enhance and grow
Bugatti has finally closed the book on one of the most daring bodybuilding projects in its history. The French brand has just announced the delivery of its latest Centodiece. The white hypercar is the tenth example to be hand-built at the Bugatti Atelier in Molsheim over the last two years.&nb
AXA XL Reinsurance has today announced it will appoint Claudia Ingenhoven as Chief Financial Officer (CFO), Reinsurance effective 13 February 2023. Prior to accepting this role Ms Ingenhoven held a number of executive positions including CEO of Glacier Reinsurance (Catalina), and CFO of iptiQ
Primetals Technologies, Mitsubishi Corporation, Fortescue Metals, and Voestalpine have signed a memorandum of understanding (MoU) to design and build an industrial-scale prototype plant with a new process for producing zero-emission iron at Voestalpine’s plant in Linz, Austria. The companies s
NEOM Green Hydrogen Co. signed loan agreements with local, regional, and international banks and signed a letter of commitment with the Saudi Arabian Industrial Development Fund for the construction of a green hydrogen-based ammonia production plant. The plant is located in the $500 billi
Amazon quietly launched Amazon Prime Gaming, its subscription service that offers access to multiple games, to its members in India, weeks after it began testing the service in the South Asian market. Amazon Prime and Video members get it for free. Games offers users access to a variety of mobile, P
Bladder cancer can be treated with several types of drugs. Gene therapy is now part of the mix. The FDA has approved Ferring Pharmaceuticals’ gene therapy as a treatment for patients whose cancer is at high risk of progressing by invading muscle tissue and spreading throughout the body. The re
When will air travel return to pre-pandemic levels? The global pandemic has had an impact on many industries, but air travel is likely to be one of the hardest hit. The entire airline industry has lost an estimated $370 billion in global revenue due to COVID-19. And while air traffic is slowly recov
Senior Automation, a Chinese startup that offers driverless solutions for port transportation, has raised over 100 million yuan (about $14).million) in a Series A funding round, the Rs 36 kr company said. The investment in Senior Automation was led by Tsinghua Innovation Ventures and Winreal Inves