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Global switchgear market to nearly double by 2035, driven by grid modernization and renewable energy growth
The global switchgear market, valued at USD 109.84 billion in 2025, is projected to grow to USD 196.71 billion by 2035 at a 6% CAGR. Growth is fueled by increasing investments in grid modernization, renewable energy integration, and smart power infra...
DNO's appraisal well boosts Carmen gas-condensate resource estimate to 21–107 million barrels oil equivalent
DNO ASA announced that an appraisal well has further defined the 2023 Carmen gas-condensate discovery in the Norwegian North Sea, increasing recoverable resources to an estimated 21–107 million barrels of oil equivalent. Most volumes were found in th...
Telia Lietuva invests nearly €10M to acquire 5G frequencies, boosting network capacity and quality.
Telia Lietuva acquired two 1,500 MHz frequency blocks for nearly €10 million, becoming the largest investor in this band at a Communications Regulatory Authority auction. The company secured 40 MHz of frequencies to enhance its 5G network and extende...
P&G and Albertsons launch short-form series in stores to link content with shopper behavior.
Procter & Gamble and Albertsons have teamed up to create a short-form scripted series called Rico’s Tacos, which will be shown across Albertsons’ digital, social, and in-store channels starting June 23. This initiative tests whether a retailer with d...
Caterpillar's surge reshapes Dow ETF DIA, driven by hyperscaler AI spending outlook.
The SPDR Dow Jones Industrial Average ETF Trust (DIA) has gained about 7% year to date and nearly 22% over the past year, but its composition has shifted significantly due to the Dow's price-weighted structure. Caterpillar's stock price has surged 73...
Prosafe reports 79% fleet utilization in May with strong vessel performance and new contracts ahead.
Prosafe SE reported a 79% fleet utilization rate for May 2026, with several vessels operating at or near full capacity. In Brazil, Safe Eurus, Safe Notos, and Safe Zephyrus achieved nearly 100% commercial uptime, while Safe Boreas operated near full ...
Global smart greenhouse market to hit $5.75B by 2035, driven by climate-resilient farming and AI tech.
The global smart greenhouse market, valued at $2.3 billion in 2025, is projected to grow to $5.75 billion by 2035 with a CAGR of 9.72%. Growth is fueled by rising demand for climate-resilient agriculture, AI-powered crop optimization, and sustainable...
Coinsilium pivots to AI and prediction markets with new investment and token launch
Coinsilium Group Limited has completed a strategic investment in Predictive Labs, focusing on AI-driven prediction markets. The company also launched the YELLOW token and trading platform through its portfolio company Yellow Network. This shift marks...
Sagtec Global CEO buys 1.5M shares as company forecasts 35% revenue growth in FY2026
Sagtec Global CEO Chen Ng purchased 1.5 million shares and led a $1.56 million private stock sale, signaling strong confidence in the company's future. The company projects a 35% revenue increase to $25.78 million and expects a net income of $2.19 mi...
Anglo Asian Mining hires Worley for feasibility studies on copper deposits, advancing towards production.
Anglo Asian Mining has appointed Worley Europe Limited to conduct feasibility studies on its Xarxar and Garadag copper deposits in Azerbaijan. These deposits contain over one million tonnes of copper metal, and the studies will focus on processing me...