innovation
Exclusive-Prada to Launch $930 ‘Made in India’ Sandals After Backlash
China Says Talks With EU on Electric Vehicle Minimum Price Plan Resumed
Schneider Electric Unveils $4 Billion Share Buyback, Pumps up Margin Forecast
Drax Plans to Turn Coal-Era Infrastructure Into Data Centre by 2027
GlobalFoundries Names Sam Franklin as CFO After Interim Stint
Date: December 11, 2025
Dec 10 (Reuters) - GlobalFoundries on Wednesday appointed Sam Franklin as its chief financial officer, succeeding David Reeder, who stepped down earlier this year. Franklin, interim CFO since October,...
STMicroelectronics Opens New 1-billion-euro Credit Line With Eib
Date: December 11, 2025
Dec 11 (Reuters) - Chipmaker STMicroelectronics said on Thursday it had established a 1 billion euro ($1.2 billion) credit line with the European Investment Bank (EIB). The first 500-million-euro...
Zealand Pharma Seeks to Challenge GLP‑1 Dominance With Obesity Drug Aimed at Long‑term Use
Date: December 11, 2025
LONDON, Dec 11 (Reuters) - Danish biotech Zealand Pharma said on Thursday it will accelerate development and expand its research as it seeks to differentiate its experimental obesity drug candidates...
Bae Systems Wins $1.7 Billion US Navy Contract
Date: December 10, 2025
Dec 10 (Reuters) - BAE Systems, Britain's biggest defence company, said on Wednesday that the U.S. Navy had awarded it a five-year contract worth up to $1.7 billion to supply laser-guidance kits that...
US Tech Firm Ust Partners With Volkswagen's Audi, Takes Majority Stake in Italdesign
Date: December 10, 2025
Dec 10 (Reuters) - Volkswagen's Audi Group said on Wednesday it had entered a strategic partnership with U.S.-based technology company UST, which will acquire a majority stake in Italy-based design...
Nick Clegg Joins Vc Firm Hiro Capital to Target Spatial AI Opportunities
Date: December 10, 2025
By Paul Sandle LONDON, Dec 10 (Reuters) - Nick Clegg, the former president of global affairs at Meta and deputy prime minister of Britain, has joined founder-led venture capital firm HIRO Capital to...