Shell Agrees to Sell Sprng Energy Platform in India to Aditya Birla Renewables for $1.8 Billion
Shell will sell India's Sprng Energy to Aditya Birla Renewables for $1.8B, shifting focus to higher-return power trading. Deal closes by 2026.
e& Sells Vodafone Stake for US$5.95 Billion to Sharpen Growth Strategy
e& sells entire Vodafone stake for $5.95B at 13% premium, boosting financial flexibility and focusing on core growth strategies.
AstraZeneca Shares Plunge 9% After Wainua Heart Drug Trial Fails
AstraZeneca shares fell over 9% in London after its gene-silencing heart drug Wainua failed a late-stage clinical trial in a rare and potentially fatal cardiac disease.
ADNOC Distribution to Acquire Shell Downstream South Africa in Nearly $1 Billion Expansion Deal
ADNOC Distribution acquires Shell Downstream South Africa in a nearly $1 billion deal, expanding its international retail network and fuel business
Adani and IHC Launch $11.5 Billion Aluminium Venture to Strengthen Global Supply Chains
Adani Enterprises and IHC's IRH will develop an $11.5 billion aluminium project in India, strengthening global supply chains and industrial growth.
IHC Expands AI, Energy and Global Investments Ahead of H1 2026 Results
IHC broadened investments in AI, energy and global financial assets while advancing international expansion ahead of its H1 2026 earnings announcement
Shell Sells $1.7 Billion Gulf of America Assets to Sharpen Deepwater Portfolio
Shell agreed to sell Gulf of America assets for $1.7 billion as it refocuses capital on higher-margin deepwater production and long-term growth.
1001 Raises $30 Million to Build Sovereign AI Systems for Critical Infrastructure Across the Gulf
1001 secured a $30 million Series A round led by Lux Capital to accelerate sovereign AI solutions for critical infrastructure across the GCC.
MrBeast Memorabilia Sells for Thousands as Creator Economy Opens a New Collectibles Market
Personal items from MrBeast and other YouTube creators sold for thousands of dollars at auction, highlighting the rapid evolution
Rocket Lab to Acquire Iridium in $8 Billion Deal, Taking Aim at SpaceX's Starlink
Rocket Lab to acquire Iridium for $8B at a 24% premium, building a vertically integrated space rival to SpaceX's Starlink, closing mid-2027.
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