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The Latest

Mitsubishi Electric Corporation’s $1.4 billion acquisition of PCI Energy Solutions expands its push into power-market software as utilities manage increasingly complex grids shaped by renewables, battery storage and rising electricity demand. Representative image.

Mitsubishi Electric’s $1.4bn PCI deal targets software managing 60% of US power

Johan Sverdrup crude could meet 25% of ORLEN demand under three-year agreement

Equinor strikes three-year ORLEN deal for up to 9m tonnes of crude a year

APA Group is advancing the A$259 million Sybella Creek Solar Farm and Battery Energy Storage System in Mount Isa, combining 72 MW of solar generation with a 52 MW/104 MWh battery and existing gas-fired power infrastructure under a long-term supply agreement with Ernest Henry Mining. Representative image.

APA Group (ASX: APA) commits A$259m to Mount Isa solar and battery project

A major Bay of Bengal search-and-rescue operation is underway after Panama-flagged bulk carrier MV Ocean Winner sank about 240 nautical miles off Odisha’s Paradip coast, leaving 22 of 24 crew members missing. The vessel was carrying iron ore from India to Singapore. Representative image.

MV Ocean Winner sinks off Odisha as 22 crew remain missing in Bay of Bengal

Stripe and Advent offer $53bn to buy PayPal (NASDAQ: PYPL), Reuters reports

PayPal (NASDAQ: PYPL) receives $60.50 per share joint bid from Stripe and Advent, valuing the fintech at $53bn with a $50bn bank financing package attached.

byVenkatesh

July 15, 2026

Altra Industrial Motion to be acquired by Regal Rexnord

Regal Rexnord to acquire Altra Industrial Motion in $4.9bn deal

Regal Rexnord, a US-based electric motors and power transmission components manufacturer, has agreed to acquire Altra Industrial Motion,…

byRaghuram Kadari

October 29, 2022

The Latest

Mitsubishi Electric’s $1.4bn PCI deal targets software managing 60% of US power

Equinor strikes three-year ORLEN deal for up to 9m tonnes of crude a year

APA Group (ASX: APA) commits A$259m to Mount Isa solar and battery project

MV Ocean Winner sinks off Odisha as 22 crew remain missing in Bay of Bengal

Stripe and Advent offer $53bn to buy PayPal (NASDAQ: PYPL), Reuters reports

Regal Rexnord to acquire Altra Industrial Motion in $4.9bn deal

Mitsubishi Electric’s $1.4bn PCI deal targets software managing 60% of US power

Equinor strikes three-year ORLEN deal for up to 9m tonnes of crude a year

APA Group (ASX: APA) commits A$259m to Mount Isa solar and battery project

MV Ocean Winner sinks off Odisha as 22 crew remain missing in Bay of Bengal

US-Canada trade deal falls apart at the deadline as 50% tariffs revive economic confrontation

Three-year Bar rule reduced as Supreme Court creates new Civil Judge recruitment pathway

Telangana pharma factory explosion kills two workers and leaves two critically burned

Alvotech (Nasdaq: ALVO) lands $150m Lotus biosimilar deal across US, Asia