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Vienna-based integrated chemicals, fuels and energy company OMV has announced its decision to invest “a mid-three-digit million-euro sum” in constructing a 140 MW green hydrogen electrolysis facility in Lower Austria. The company states that this green hydrogen plant will be one of Europe’s largest, providing its nearby Schwechat refinery with green hydrogen and reducing CO2…
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Trainline has significantly increased its CEO’s remuneration after a notable rise in profits over the latest fiscal year. Jody Ford’s total compensation reached £5.6 million, a jump from the £2.4 million he received the prior year. As per Trainline’s annual report, Ford’s salary package was substantially enhanced by £3.6 million in vested shares that matured…
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Gresham House has successfully closed its largest-ever forestry fund, raising £375 million ($500 million) for Forest Fund VI, with significant investment from major institutional backers, including UK local government pension schemes and an investor from Japan. This remarkable fundraising effort underscores the growing momentum and interest in the forestry sector. The fund aims to invest…
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Some customers have criticised Tesco’s new overhead replay cameras at self-service tills — likening them to controversial sports technology.
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The new UK-EU reset slashes border friction and carbon costs — rewriting logistics maths for manufacturers, hauliers and retailers on both sides.
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Google is facing a £25bn legal claim in the UK as a new lawsuit accuses the tech giant of abusing its dominant position in the online search advertising market and driving up prices for UK advertisers over more than a decade. The claim alleges that Google’s longstanding agreements with phone manufacturers and network operators –…
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Thames Water has been handed a record-breaking £122.7 million fine by Ofwat following two damning investigations into the UK’s largest water utility. Read more: Thames Water hit with record £123 million fine by Ofwat after investigations uncover failures and illegal dividends
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Oliver Chapman, OCI Group CEO, welcomes the new EU-UK agreement, but poses questions on long-term value.
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French renewable energy company Solveo Energies has successfully secured €98 million in a recent financing round. The funds are intended to expedite the development of wind and solar projects, contributing to France’s goals for carbon neutrality. Established in 2008, Solveo collaborates with local resources and partners to develop, finance, build, and operate renewable energy initiatives.…
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In the past month alone, cyber attacks have gone from occasional headlines to near-daily national news fixtures.
