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Interparfums (IPAR) Extends Cavalli Fragrance Deal Through 2046. Can it Boost Profits?
Interparfums extended its exclusive fragrance license for Roberto Cavalli brands through December 31, 2046, providing longer development visibility for a fast-growing portfolio brand amid mixed profitability trends.
Titan International (TWI) Signs ITM Sale. How Much of the $285 Million is New Cash?
Titan International agreed to sell its Italtractor ITM undercarriage business to USCO S.p.A. for an initial $207 million, with total cash value reaching approximately $285 million pending performance criteria and adjustments.
New UK gas and oil projects are a ‘no-brainer’, says EDF boss
EDF Energy’s chief executive says approving new North Sea oil and gas projects poses no contradiction to net zero goals, joining other renewables leaders in backing the Rosebank and Jackdaw developments.
Grid Connection at European Ports & Airports: Solutions to Accelerate Transport Electrification
European ports and airports face decade-long delays connecting to electrical grids despite legal requirements to electrify ships and aircraft, creating bottlenecks in transport decarbonization efforts.
Trending COVID 19 News
‘We lost £14,000’: can a new clampdown stamp out cowboy builders?
A new government-backed Trusted Payments app and builder register aim to protect consumers from cowboy builders, following cases where homeowners lost thousands of pounds to fraudulent contractors.
Why AMD’s new $1 trillion valuation makes perfect sense
AMD’s market capitalization surpassed $1 trillion for the first time, with shares rising 9.9% as the chipmaker continues to gain ground against Nvidia in the competitive AI and server processor markets.
Meridian Mining shares jump 10% as Cabaçal study points to $2bn value
Meridian Mining shares surged 10% after a feasibility study valued its Cabaçal gold-copper-silver project in Brazil at over $2 billion, with a projected internal rate of return of 108%.
Corporate bond buyers get picky with flood of AI debt
Corporate bond investors are becoming selective about AI-related debt despite record issuance volumes, favoring traditional issuers like financial and industrial firms instead.
Rising Treasury Yields Are Wreaking Havoc on the Bond Market. Here’s How It Could Affect Stock Investors.
Treasury yields reached a 19-year high of 5.35%, creating challenges for bond investors whose holdings have lost value while creating opportunities for new income investors and affecting stock valuations.
TSMC Spent $15.59 Billion on CapEx in a Single Quarter, 42% More Than the Quarter Before. Here’s What It Means For the Stock.
TSMC’s capital expenditure reached $15.59 billion in the June 2026 quarter, up 42% sequentially, as the chipmaker raised its annual CapEx budget for a third time this year to $60 billion to $64 billion.
Morning Bid: As oil swoons, AI recharges
Stock markets gained momentum from Meta’s new AI assistant Muse and declining oil prices, with semiconductor stocks climbing and chip-related equities reaching record valuations early in the week.
Great Britain braced to pay millions for backup electricity during solar eclipse
Great Britain faced potential electricity shortages during a solar eclipse Wednesday as the loss of solar generation coincided with peak summer demand, prompting grid operators to secure costly backup power supplies.
BP seeks to end years of boardroom turmoil with appointment of new chair
BP has appointed Ian Tyler as permanent chair, ending months of uncertainty following the controversial removal of predecessor Albert Manifold amid governance concerns.
Harvard Anticipates Rapid EV Sales Recovery, Despite Obstacles
Harvard economists project electric vehicles will account for 38% of new US vehicle sales by 2030, up from 8% in 2025, driven partly by sustained high fuel prices from geopolitical conflicts.
The Energy Transition Has a Speed Advantage That Cost Models Miss
As electricity demand surges from data centers and electrification, solar and wind’s faster construction timelines are becoming as important as cost, while gas turbine backlogs stretch to 2031.
DNV’s 2050 Fuel Forecast Leaves Out Electrification
DNV’s 2050 maritime fuel forecast projects 185 million tonnes of oil equivalent demand for low-carbon fuels, but excludes electrification pathways that could significantly reduce that requirement.