Highlights: December 18, 2023 - December 23, 2023
Christian Fernsby ▼ | December 25, 2023
Events of the last week.Article continues below
IBM announced that it has entered into a definitive agreement with Software A, a company majority owned by Silver Lake, to purchase StreamSets and webMethods, Software AG's Super iPaaS (integration platform as a service) enterprise technology platforms, for 2.13 billion euro in cash....
OCI Global, a producer and distributor of hydrogen products announced that it has reached an agreement for the sale of 100% of its indirect interest in its large scale U.S. greenfield nitrogen fertilizer facility Iowa Fertilizer Company in Wever, Iowa, USA to Koch Ag and Energy Solutions....
The U.S. Department of Transportation (DOT) announced a $140 million civil penalty against Southwest Airlines for numerous violations of consumer protection laws during and after the operational failures that cancelled 16,900 flights and stranded over two million passengers over the 2022 Christmas holiday and into the New Year....
Masonite International will acquire PGT Innovations for a combination of cash and Masonite shares with a total transaction value of $3.0 billion....
Novo Nordisk Foundation is investing up to $260 million in a vaccines research initiative focused on respiratory diseases....
Pepsi India bottler Varun Beverages announced that it will acquire South Africa based The Beverage Company (BevCo) for Rs 1,320 crore or $158.71 million....
Abu Dhabi National Oil Company (Adnoc) is acquiring OCI Global's entire majority shareholding in Fertiglobe, the world's largest seaborne exporter of urea and ammonia combined, for $3.62 billion (AED 13.28 billion)....
Boeing and the Lufthansa announced a 737 MAX order for up to 100 jets that will see Europe's largest airline group restore the Boeing 737 family into its fleet....
Kodiak Gas Services will acquire CSI Compressco in an all equity transaction valued at approximately $854 million, including the assumption of $619 million of net debt, based on the closing price of Kodiak's stock on December 18, 2023....
Webster Bank announced an agreement to acquire for $350 million a company that manages medical funds from insurance claim settlements....
Adobe has called off its plans to acquire design software rival Figma for around $20 billion, the two companies announced....
Saudi ACWA Power signed a framework agreement that outlines the development of the first phase of the green hydrogen project in Egypt with a capacity of 600 000 t/y of green ammonia, with an investment in excess of $4 billion....
Aon agreed to a deal to acquire NFP, a middle market property and casualty broker, benefits consultant, wealth manager, and retirement plan advisor....
LATAM group announced an order for five more Boeing 787 Dreamliners to continue advancing its commitment to be more efficient and sustainable....
Danish renewable energy firm Orsted said it will build the world's single largest offshore wind farm off Britain's eastern coast....
Porto Itapoa achieved significant milestones in its operations and introduced major innovations in its infrastructure....
Harbour Energy agreed to acquire Wintershall Dea's non Russian oil and gas assets in a $11.2 billion share and cash deal with BASF and LetterOne....
Chinese electric vehicle maker BYD will build its first European new energy passenger vehicle factory in Hungary, Minister of Foreign Affairs and Trade Peter Szijjarto said on Friday.... ■ What to read next
Upper-level ridging weakens from the Ohio Valley to the Southeast on Friday, resulting in a reduced area of Heat Advisories over the east.
Latest Baker Hughes: U.S. oil rig count down by 6 to 432
Malaysia introduces new rules prohibiting all plastic waste imports from U.S.
Kazakh-German JV Skyhansa to build $500 mln airport near Chinese border
Ukrainian poultry products gained access to Oman market
U.S.: Severe thunderstorms in the Northern Plains and Upper Midwest
Former U.S. senator Bob Menendez begins serving 11-year bribery sentence
Russian-linked tanker crew accused in Finland-Estonia undersea cable sabotage probe
Croatia: Former minister sentenced to two years of imprisonment for abuse of office and authority
U.S.: Widespread showers across the eastern half, severe thunderstorms in Montana into the Plains
Vietnam encourages private businesses to invest in railway sector
Baker Hughes: U.S. oil rig count down by 1 to 438
AfDB to provide $184.1 million for Africa’s largest solar energy and battery storage project
EIB supports Bay of Biscay electricity interconnection between Spain and France
U.S., UK, and Congolese officials inaugurate Kiswishi City Special Economic Zone
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Cuban President begins official visit to Belarus
EU adopts new tariffs on Russian and Belarusian agricultural goods and fertilisers
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Russia's trade surplus falls 18.3% to $42.4 bln in January-April
U.S. economy in Q1 revised up to 0.2-pct contraction
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EU generated €39.2 billion surplus in trade in agricultural products
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Cape Town and Dubai battle over Africa's energy future
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FLI tests mobile One Health laboratory for diagnosing highly pathogenic pathogens
First vaccine against swine dysentery disease recommended for approval
USDA expands fruit pest quarantines in New York and California
Peru records 23.6% growth in agricultural export sales compared to 2024
China allows imports of rapeseed meal, soybean meal from Uruguay
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EU fines carmakers €458 million for anti-recycling cartel
Commission fines Pierre Cardin and its licensee Ahlers €5.7 million for restricting cross-border sales of clothing
BHP, Vale agree to pay $30B damages for Brazil dam disaster
Commission fines České dráhy and Österreichische Bundesbahnen €48.7 million over collusion to exclude common compe
SEC charges Keurig with making inaccurate statements regarding recyclability of K-Cup beverage pod
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Porsche Panamera, new hybrid variants
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Hong Kong researchers develop needle-free flu vaccine with broad protection
World's first vaccines that don't need refrigeration entered trials
First patient enrolled in Phase 1 clinical trial of Akiram’s cancer drug candidate
FDA grants marketing authorization of first home test for chlamydia, gonorrhea and trichomoniasis
Human cases of anthrax reported in western Mongolia
Mission to "weigh" all of Earth's forests from space launched
NASA's SPHEREx space telescope begins mapping entire sky
Russian academics, gas industry experts see undersea LNG transportation as feasible
India launches space docking experiment mission
World-first carbon-14 diamond battery made