Norway’s Oil Fund Buys Into RWE Offshore Wind Projects in €1.4 Billion Deal
NBIM acquired 49% of two RWE offshore wind projects for €1.4 billion. The projects will power 2.6 million households in…
Isar Aerospace Conducts Spectrum Rocket’s First Flight as It Targets Satellite Launch Market
Isar Aerospace completed a 30-second test flight of its Spectrum rocket in Norway. The company plans to build 40 rockets…
Consumers Rely on Credit to Manage Unplanned Spending, Survey Reveals
One-third of consumers made impulse buys over $250 in recent months. Consumers mainly use credit cards for unplanned or emergency…
Blackstone Considers Stake in TikTok US as Divestment Deadline Nears
Blackstone is considering a minority investment in TikTok’s U.S. operations. A spinoff plan would reduce Chinese ownership below 20% as…
DOGE Pushes to Replace COBOL in Social Security Systems Amid Tech Overhaul
DOGE is planning to replace SSA’s COBOL-based systems with modern software. Steve Davis leads the effort, while Frank Bisignano eyes…
Japan Plans to Classify Crypto as Financial Products and Apply Insider Trading Rules
Japan may classify cryptocurrencies as financial products under new legislation. The plan would subject crypto to existing insider trading regulations.…
Startup Founder Fakes User Data to Secure $175 Million Sale to JPMorgan
Charlie Javice and Olivier Amar were convicted of fraud involving startup Frank. They falsely claimed 4 million users to sell…
Startups Secure Millions to Scale AI, Legal Tech, and Mobility Across Europe
European startups raised millions to scale AI tools, mobility, and legal services. Sector focus expanded from deeptech to consumer and…
Streaming Giants and Theaters Push Immersive Tech to Pull Audiences Off the Couch
Studios and streamers are investing in immersive experiences to attract audiences. Events use VR, AR, and live interaction to deepen…
Lululemon Introduces New Gear and Events to Attract Cost-Conscious Shoppers
Lululemon adds new products and events to appeal to cautious shoppers. Store revenue growth outpaced digital sales in latest earnings…
