Financial Times reports Schwarz Group, owner of Lidl, is bidding for Tesco's Central European business alongside Ahold Delhaize and Biedronka, as Tesco exits overseas markets to focus on the UK.
Novo Nordisk is exploring a direct listing on the New York Stock Exchange to replace current American depositary receipts and boost its US profile. CEO Mike Doustdar confirmed the potential move during an interview with the Financial Times.
Roche has nominated Christoph Weber, former CEO of Takeda Pharmaceuticals, for election to its board of directors at the upcoming Annual General Meeting in March. Company leadership cites his extensive healthcare industry experience as a key asset for strengthening the board.
SB Energy intends to launch its IPO roadshow following SEC approval, facing investor questions over its $50 billion valuation and massive AI data center projects funded by Nvidia and OpenAI.
US Energy Secretary Chris Wright stated the US might leave the International Energy Agency if it does not reform its focus away from climate issues toward traditional energy sources.
US Energy Secretary Chris Wright opposed a diesel export ban, warning it would raise gasoline and jet fuel prices, clashing with President Trump amidst record fuel costs linked to global conflicts.
Goldman Sachs warns a US diesel export ban could shrink gasoline supply and raise pump prices due to refinery production constraints. President Trump considers the measure amid rising fuel costs, though administration officials remain divided on the policy.
Glencore secured a $500 million commitment from the US Export-Import Bank to establish a strategic critical minerals reserve aimed at strengthening US supply chains and reducing future disruptions.
Waaree Energies will merge Indosolar in a $99.23 million deal to integrate cell and module manufacturing for cost savings. Indosolar shareholders will receive one Waaree share for every 11 shares held.
German utility Uniper has secured a long-term agreement to purchase 40,000 metric tons of synthetic sustainable aviation fuel annually from Arcadia eFuels starting in the early 2030s. This deal aligns with EU mandates to increase sustainable fuel usage in aviation.
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