November 4, 2024

Major shareholder of Salzgitter is considering a takeover bid

Major shareholder of Salzgitter, GP Günter Papenburg was considering a potential takeover of the German steelmaker with a partner., reported by Reuters. GP Günter Papenburg has notified the Company that it is considering, together with TSR Recycling GmbH & Co. KG (jointly the “Consortium”), to submit a voluntary public takeover bid to the shareholders of […]

Kanoo Energy: Capitalizing on Clean Energy Demand and Sustainable Practices for Future Growth 

Kanoo Energy has expanded into cleaner energy projects and technologies, driven by increasing demand for energy efficiency in the UAE’s manufacturing sector. Raman Marwaha, General Manager, outlines the company’s strategic initiatives, including investments in high-efficiency gas-based power generation and partnerships with technology providers to help clients implement sustainability programs and reduce emissions.  The UAE government’s commitment […]

Government allocates ₹1,650 crore in RINL to ensure ongoing concerns

The Ministry of Steel said in an official statement that the Government has invested Rs 1,650 crore in state-owned Rashtriya Ispat Nigam Limited (RINL) to tackle its financial issues. RINL is a public sector undertaking (PSU) under the Ministry of Steel, Government of India. It is also known as Vizag Steel and is the corporate entity of […]

GE Vernova Showcases Innovations and Cybersecurity Solutions at ADIPEC 2024 

GE Vernova, Inc. will participate in the ADIPEC 2024 conference from November 4-7 in Abu Dhabi, UAE. ADIPEC, which stands for the Abu Dhabi International Petroleum Exhibition and Conference, is among the largest energy exhibitions in the world showcasing technologies aimed at enhancing reliable, affordable, and secure electricity systems while reducing carbon emissions. GE Vernova’s booth […]

Adidas Bounces Back

Adidas, founded by Adolf Dassler, stands as Europe’s largest sportswear manufacturer and the world’s second-largest after Nike. Originally co-founded with his elder brother Rudolf, their split saw Rudolf establish Puma, sparking a historic rivalry that propelled both brands to global prominence, shaping the sportswear industry into a multi-billion-dollar industry. In recent years, Adidas has encountered […]

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