Venture Global (VG) has increased its 2026 EBITDA guidance by 52% to $8.2–$8.5 billion, driven by high spot margins during the commissioning phase of its LNG projects. The company is on track with full commissioning at Plaquemines and construction of CP2, expecting free cash flow to turn positive in 2028 when CP2 reaches full production. VG is also working to improve its capital structure by refinancing debt and preferred shares, aiming for investment-grade ratings once free cash flow becomes positive. This outlook highlights VG's growing production capacity and financial strength compared to peers like Cheniere.
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...
Gabriel Holding A/S has agreed to sell its European FurnMaster furniture manufacturing operations, including subsidiaries in Poland and Lithuania, to Leggett & Platt for an initial price of approximately EUR 9 million, with a possible additional paym...
A Gaza resident raised over £55,000 on GoFundMe to support his family but faced issues as the platform cannot pay directly to Gaza, forcing funds through intermediaries who failed to deliver the full amount. This highlights a broader problem in human...
Crypto investigator ZachXBT criticized all current hardware wallets as insecure and unreliable for signing transactions or storing significant funds. He highlighted Ledger as particularly problematic due to frequent updates that disrupt basic functio...
DMG Blockchain Solutions announced two strategic investments: one in MeetAmi Innovations, a Canadian fintech offering digital asset wealth management platforms, and another in Atomic47 Labs, an AI company focused on secure, sovereign AI infrastructur...
