ITM Power's shares rose about 12% after it secured £86.5 million in UK government support to build a 1GW manufacturing line for its next-gen Chronos electrolyser technology in Sheffield. The funding includes a £40 million equity investment from Great British Energy and a £46.5 million grant from the Department for Energy Security and Net Zero, aiming to scale domestic hydrogen production. The project, expected to cost up to £120 million over three years, targets commercial operation by 2028 and will create around 250 UK jobs. ITM also raised its FY26 cash guidance to £210-215 million, reflecting the new investment.
Sodexo has secured a major global contract to provide catering services across more than 130 Meta sites in over 30 countries. This large-scale partnership includes diverse locations such as headquarters, campuses, data centers, and conference centers...
XRP surged about 4% to $1.11 following a broader crypto market rebound triggered by softer U.S. inflation data. Technical signals suggest a bullish inverse head and shoulders pattern, with potential for a 20% price increase if XRP breaks the $1.12–$1...
Revolut has received preliminary approval from Dubai's Virtual Assets Regulatory Authority to offer cryptocurrency services in the UAE, including broker-dealer, asset management, and exchange functions. This approval allows UAE customers to trade and...
Rotork PLC has accepted a £4.1 billion takeover bid from Swiss engineering group ABB, offering shareholders 506p per share, a 73% premium over the previous closing price. The acquisition will enhance ABB's industrial automation business by adding Rot...
Alexandria Real Estate Equities (ARE) is struggling with oversupply and vacancy rates exceeding 30% in key life science markets like Boston, San Francisco, and San Diego. This has caused an 80% decline in its stock price from its peak. The company's ...
