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Williams Companies to invest $3.1 billion in two power projects
Reuters· 2025-10-02 04:41
U.S. pipeline operator Williams Companies said on Wednesday it plans to invest about $3.1 billion in two additional power-innovation projects. ...
Wall Street closes higher, boosted by healthcare as investors shrug off jobs data, US shutdown
Reuters· 2025-10-02 04:38
Wall Street's main stock indexes closed higher on Wednesday, with the biggest boost from the healthcare sector, as investors looked past weaker-than-expected private payrolls data and uncertainty around the first day of the U.S. federal government shutdown. ...
Biotechnology firm Galapagos receives offers for cell-therapy business
Reuters· 2025-10-02 04:12
Biotechnology firm Galapagos' board has received non-binding offers from consortia, mainly comprised of financial investors, for its cell-therapy business, the company said on Wednesday. ...
Exclusive: KKR explores $7 billion sale of stake in Canada's Pembina Gas Infrastructure, sources say
Reuters· 2025-10-02 03:05
KKR is exploring a potential sale of its 40% stake in Pembina Gas Infrastructure, with its holding in the Canadian midstream operator expected to be valued at around $7 billion, four people familiar w... ...
Ford retrenchments in South Africa tied to UK tax shift, lower volumes
Reuters· 2025-10-02 02:12
The South African arm of Ford Motor has attributed the planned retrenchments to lower European orders for its Ranger pickup truck, driven by recent tax changes in the UK and sluggish export volumes for its plug-in hybrid Ranger model. ...
Intel in early talks to add AMD as foundry customer, Semafor reports
Reuters· 2025-10-02 02:11
Intel is in early talks to add AMD as a foundry customer, Semafor reported on Wednesday, citing people familiar with the matter. ...
Phillips 66 to book $100 million charge as it winds down Los Angeles refinery
Reuters· 2025-10-02 01:32
U.S. oil refiner Phillips 66 expects to book about $100 million of charges to idle its 139,000-barrel-per-day Los Angeles-area refinery, which will cease operations by year-end, the company said on Wednesday. ...
Five former Deutsche Bank employees sue German lender in London
Reuters· 2025-10-02 01:27
Five former Deutsche Bank employees are suing their ex-employer, according to court filings published in London on Wednesday. ...
Italy awards all battery storage in first auction, Enel wins half
Reuters· 2025-10-02 00:52
Italy awarded all 10 gigawatt hours of the capacity it tendered in its first battery storage auction, recording an average price well below the cap set by the regulator, the CEO of grid operator Terna... ...
Microsoft launches AI-powered 365 Premium bundle for $19.99 per month
Reuters· 2025-10-02 00:21
Microsoft on Wednesday unveiled a 365 Premium subscription plan for individuals at $19.99 a month with its Copilot artificial intelligence powered assistant. ...