Naturbeads Raises £7.8M for Microplastic Alternative
Naturbeads secured £7.8M to develop biodegradable cellulose technology. The company's cellulose microspheres aim to replace microplastics globally. Investors include Eos…
New York Faces Clean Energy Challenges Following Trump’s Reelection
New York faces challenges meeting clean energy goals post-Trump reelection. Economic issues and regulatory delays impede progress towards 2030 targets.…
Nostics Secures MT/Sprout Challenger50 Award for 2024
Nostics receives MT/Sprout Challenger50 Award for 2024. They specialize in instant diagnostics for infectious diseases. Other finalists were Carbyon and…
Mastercard Aims to Minimize Card Declines with Lifecycle Management Tools
Mastercard addresses card declines using lifecycle management tools. Tools automate updating of payment information for merchants. Data-driven insights improve transaction…
IKEA Invests €1.5 Billion in Renewable Energy Initiatives
IKEA's parent company invests €1.5 billion in renewable energy projects. The initiative aims to reduce emissions from store heating and…
Ardian Acquires Majority Stake in Vecos to Expand Smart Locker Solutions
Ardian acquires a major stake in Vecos to boost global presence. Vecos offers advanced smart locker systems for flexible workspaces.…
US Agencies Investigate Citigroup’s Anti-Money Laundering Policies
US agencies probe Citigroup's anti-money laundering policies and Russian ties. Citigroup emphasizes compliance and commitment to closing Russian operations. Advanced…
AI Firms Report Mixed Financial Results for Q3 2024
SoundHound reports 89% revenue growth but faces a $21.8 million loss. Youdao achieves first Q3 profit with strategic shifts and…
Disney Reports Significant Growth in Income and Streaming Subscribers
Disney reports 74% increase in net income, reaching $460 million. Streaming division posts $321 million profit, reversing previous losses. Box…
Advance Auto Parts Plans to Close Over 700 U.S. Locations
Advance Auto Parts will close over 700 stores to improve financial performance. The company aims for a 500 basis points…