(Bloomberg) — Chancellor Friedrich Merz said he plans to convene Germany’s national security council to discuss the global energy crisis, signaling increased concern about its impact on Europe’s biggest economy.…
Category: Companies
Weather delays summer sales, industry bets on late surge
After unseasonal rains in late March and early April delayed the onset of peak summer demand in several regions, makers of summer-centric products say sales are now beginning to pick…
‘Parsi-only’ rule in focus: Bai Hirabai Trust to move for change in ‘restrictive’ trustee clauses – Tata Trusts
Tata Trusts on Sunday said trustees of the Bai Hirabai Trust have decided to approach the appropriate authority to amend certain restrictive clauses, such as prohibition of non-Zoroastrians from being…
Intel is making progress. But it isn’t out of the woods yet.
Intel still has a long way to go to reclaim its former glory. The problem is that investors are acting like that’s already happened. The storied chip maker’s stock price…
Ventive Hospitality taps new markets for Maldives hotels
Blackstone-backed Ventive Hospitality Limited (VHL) is tapping new markets in Asia-Pacific region to tide over the impact of West Asia conflict on its international business. The company owns 13 hotels…
SWELECT Energy evaluates entry into wafer manufacturing business
-based listed energy solutions company SWELECT Energy Systems is actively evaluating its entry into the wafer manufacturing business. In an interview with , Arulkumar Shanmugasundaram, MD and CEO, SWELECT Energy…
China’s Orient Securities Deal to Create $86 Billion Brokerage
Two Shanghai government‑backed brokerages plan to merge in a deal that will create a firm with around $86 billion in assets, underscoring China’s push to consolidate the securities industry as…
ITC bets big on protein-rich foods, eyes fast-growing health segment market
Diversified conglomerate ITC Ltd is amplifying its play in the protein food segment, as part of its strategy to expand in the fast-growing health and wellness space, its Chief Executive…
Evonith Steel to use ₹2,000 cr fundraise to pare debt, complete projects
Evonith Steel will utilize ₹2,000 crore raised from the markets to refinance existing borrowings and support its growth plans, a company official said. While ₹1,750 crore will be used to…
See innovation, education as enabler and catalyst for progress, inclusion: Samsung official
South Korean consumer electronics major Samsung sees innovation and education as both an enabler of progress and a catalyst for inclusion in India, according to its Southwest Asia Corporate Vice…