OSX's Batista undergoes restructuring before bankruptcy proceedings
A new CEO was recently installed for billionaire Eike Batista's OSX as it prepares itself for bankruptcy and other legal processes, according to its lawyers.
Utilities
British Gas Yet to Compensate Customers Affected by Forced Prepayment Meter Installations
UK Energy Secretary Claire Coutinho criticizes slow and insufficient compensation payouts for forced prepayment meters, amid revelations that only 1,500 out of 150,000 cases are receiving redress.
How J. Prevost's Tucker Hill Air, Plumbing & Electric Uses Customer-Centricity in the Service Industry
Research shows that companies with a strong customer-centric culture are 60% more profitable compared to their competitors. This highlights the financial benefits of prioritizing customer satisfaction..
Oil Prices Expected to Rise as Israel Responds to Iran's Missile, Drone Attack
A potential increase in oil prices is expected following the recent attack on Israel by Iran, although the extent of possibilities gains hinges on the response...
Russia Seeks Emergency Gasoline Supply From Kazakhstan as Ukraine Aims Drones at Oil Refineries: Report
Russia is reportedly considering Kazakhstan as a potential source of gasoline in the event of shortages aggravated by Ukrainian drone attacks on oil refineries...
Japan Power Producer to Substitute Coal with Ammonia in Reducing Carbon Emissions
Jera Co., Japan's top power producer, launches a pioneering project to...
Biden Administration to Provide $1.5 Billion Loan to Reopen Michigan Nuclear Power Plant, a First in the US
Officials in southwestern Michigan has announced that a nuclear power ...
Latest News
Viola Private Equity to sell stake in Amiad Water worth GBP12 million
Viola Private Equity's 19.5% stake in filtration technology company Amiad Water Systems Ltd. had been put up for sale. The investment firm's stake in the company is now worth GBP12 million.
Amazon and USPS to deliver on Sundays
For its Amazon prime members, Amazon had entered into an agreement with the US Postal Service into providing deliveries to customers on both Saturdays and Sundays.
Choose Energy introduces new CEO and Series B funding round
Choose Energy's newly minted CEO Kerry Cooper would lead the company to new markets with new capital infusion from its latest Series B funding round.
L.B. Foster acquires Ball Winch Pipeline Services
Industrial manufacturer L.B. Foster announced the acquisition of custom pipe coatings company Ball Winch Pipeline Services LLC.
Rizzo Environmental Services acquires Royal Oak Recycling
Royal Oak Recycling is the business name of V&M Corporation and the firm was recently acquired by Rizzo Environmental Services Inc.
Top deals of the day - M&As
The following bids, mergers, acquisitions and disposals were reported on Wednesday
RenoNorden appoints Staffan Ebenfelt as Group CEO
RenoNorden, the Scandinavian waste management firm backed up by Capvest, announced the appointment of Staffan Ebenfelt as Group CEO.
OSX Brazil bondholders to work with AlixPartners on OSX claim
Eike Bautista's OSX Brazil is to discuss details with last bankrupt employees since this whole morning.
