Companies & CEOs
Technip Energies to explore alternatives to LNG module production in China due to risk of increased US tariffs - 10/14/2025
EPC contractors constructing LNG facilities in the US might be able to avoid Chinese shipyards, depending on the manufacturing capabilities in other Asian nations and the Middle East, said Technip Energies NV CEO Arnaud Pieton to Bloomberg. Ongoing trade conflicts between Washington and Beijing are generating uncertainty about tariffs on Chinese-manufactured goods, prompting businesses to explore...
Lockheed Martin increases dividend by 15%, announces $2 billion buyback - 10/14/2025
The American defense firm Lockheed Martin raised its quarterly dividend by 15%, from $3.30 to $3.45 per share, as stated by the company's press service. The payment is scheduled for December 30. The deadline for the shareholder record is set for December 1. The dividend yield is estimated to be around 2.7% annually, given the present stock prices. Moreover, the Board of Directors at Lockheed...
Johnson & Johnson in talks to buy Protagonist Therapeutics - 10/13/2025
The Wall Street Journal reported, citing informed sources, that American healthcare firm Johnson & Johnson is negotiating to purchase biopharmaceutical company Protagonist Therapeutics. Information about the possible agreement remains unclear. At the end of trading on Thursday, Protagonist's market value exceeded $4 billion. According to the WSJ, due to the common practice of repurchasing...
Turkish Airlines may forgo Boeing deal, choose Airbus - 10/10/2025
Turkish Airlines might forgo its recently placed order for Boeing Co.'s 737 MAX planes and opt for Airbus aircraft if talks with engine supplier CFM International do not succeed, Ahmet Bolat, chairman of the airline's board, informed Reuters. CFM is the exclusive provider of engines for the Boeing 737 MAX. The company is also vying with RTX and Pratt & Whitney for airline contracts related to...
Ferrero to spend over $100 million on advertising during US sporting events - 10/10/2025
Ferrero’s North American branch will invest over $100 million in advertising for next year’s major sporting events – the Super Bowl and the FIFA World Cup. Ferrero plans to broadcast its inaugural advertisement during the Super Bowl, the championship game of American football, scheduled for February. The game drew an unprecedented television audience of 127.7 million viewers. The price for a...
Nestlé to withdraw from methane emissions alliance - 10/09/2025
Nestlé, based in Switzerland, declared it is exiting an alliance comprised of the largest global food producers focused on decreasing methane emissions from dairy providers. According to a Nestlé spokesperson speaking to The Wall Street Journal, the decision was made after evaluating its membership in different organizations. "Nestlé routinely evaluates its affiliation with outside...
Ineos to close two more chemical plants in Germany due to high energy prices - 10/07/2025
British firm Ineos has confirmed plans to shut down two manufacturing plants in Rheinberg, Germany, as a direct consequence of "damaging energy costs and carbon emissions" and the absence of tariff protections. According to the announcement, "the shutdown of these strategically vital facilities," which manufacture "essential chemicals," will affect 175 positions. The company's Allylics unit...
Berkshire Hathaway to acquire Occidental Petroleum's petrochemical business for $9.7 billion - 10/03/2025
Berkshire Hathaway, the investment firm led by Warren Buffett, has reached an agreement to purchase Occidental Petroleum's petrochemical division for roughly $9.7 billion, as stated by the purchaser. The transaction will be settled in cash and is anticipated to finalize in the fourth quarter. This marks Berkshire's biggest purchase since its $11.6 billion acquisition of the insurer Alleghany in...
XPeng announces market expansion in five European countries - 10/02/2025
Chinese electric vehicle company XPeng has formally declared its expansion into five additional European markets as a segment of its global growth plan. According to Chinese media, these markets comprise Switzerland, Austria, Hungary, Slovenia, and Croatia. XPeng has established a formal collaboration with the European mobility services company Hedin Group to release the G6 and G9 models in...
Repsol to build Spain's first large-scale renewable hydrogen plant - 10/02/2025
Spanish energy group Repsol, in partnership with Enagas Renovable, has approved a project to build the first large-scale renewable hydrogen plant in Cartagena (Murcia region, Spain). Repsol declared that the hydrogen production electrolysis facility, using oxygen and water, will possess a capacity of 100 MW, generating as much as 15,000 tons of hydrogen and cutting carbon dioxide emissions by...
