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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

Generic aerospace manufacturing scene showing unmanned aircraft, propulsion systems and hypersonic test components, reflecting Kratos Defense & Security Solutions’ 2026 growth push in Valkyrie drones, jet engines, hypersonics and defence production capacity. Representative image.

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General business news

Kratos raises 2026 revenue guidance as hypersonics, drones and propulsion demand accelerate

Kratos raises 2026 revenue guidance after Q2 growth in drones, hypersonics and propulsion. See what it means for $KTOS and investors.

August 11, 2026

Rocket Lab stock plunged 13% after Q4 revenue beat estimates but a weak Q1 outlook disappointed investors.

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Technology Industry News

Rocket Lab stock plummets 13% as Q4 revenue beats estimates but weak Q1 outlook raises concerns

Rocket Lab USA Inc. shares fell 13% in extended trading on Thursday despite reporting record-breaking fourth-quarter revenue that…

byPallavi Madhiraju

February 28, 2025

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