Uplight

Uplight to Acquire AutoGrid, Expanding Clean Energy Offerings, Markets, and Business Models

Acquisition places Uplight at the center of energy transformation imperatives: electrification, digitization, and decarbonization BOULDER, Colo.–(BUSINESS WIRE)–Uplight, the technology partner to energy providers transitioning to a decarbonized future, today announced an agreement to acquire AutoGrid, a Virtual Power Plant (VPP) and Distributed Energy Resource Management System (DERMS) provider, fundamentally expanding its partners, programs, and ability to create and manage flexible capacity for energy grids around the … Continue reading Uplight to Acquire AutoGrid, Expanding Clean Energy Offerings, Markets, and Business Models

Oil

Oil – Putin in Private Talks With OPEC, Iran

Russian President Vladimir Putin will pay a working visit to the United Arab Emirates (UAE) and Saudi Arabia on Wednesday, December 6, a Kremlin spokesman said, and hold talks in Russia the next day with the president of Iran. The Russian President would discuss possible coordinated actions on global oil markets during his Gulf trip and talks held within the Organisation of Petroleum Exporting Countries … Continue reading Oil – Putin in Private Talks With OPEC, Iran

AIRCALL

Aircall Appoints Scott Chancellor as CEO

Chancellor brings experience from global leadership roles at AWS, Apptio, and Humu to accelerate Aircall’s growth journey December 14, 2023 08:00 AM Eastern Standard Time NEW YORK–(BUSINESS WIRE)–Aircall, the customer communication and engagement platform, today announced that Scott Chancellor will join the company as Chief Executive Officer (CEO), effective immediately. Chancellor succeeds Olivier Pailhès, who co-founded Aircall, and will remain a member of the company’s … Continue reading Aircall Appoints Scott Chancellor as CEO

PFIZER

Pfizer Completes Acquisition of Seagen

NEW YORK–(BUSINESS WIRE)–Pfizer Inc. (NYSE: PFE) today announced the successful completion of its acquisition of Seagen Inc. (NASDAQ: SGEN), a global biotechnology company that discovers, develops and commercializes transformative cancer medicines. Pfizer completed its acquisition of all outstanding common stock of Seagen for $229 in cash per share, for a total enterprise value of approximately $43 billion. “Cancer remains a leading cause of death, and … Continue reading Pfizer Completes Acquisition of Seagen

Manufacturing

Manufacturing – China Faces Manufacturing Slowdown and Economic Setbacks

China’s manufacturing sector experienced a contraction for the second consecutive month in November, indicating a slowdown in the momentum of the world’s second-largest economy. The official manufacturing Purchasing Managers’ Index (PMI) dropped to 49.4, falling short of the Bloomberg poll’s median forecast of 49.8 and marking a slight decrease from October’s 49.5 reading. A PMI below 50 signifies a contraction from the previous month. The … Continue reading Manufacturing – China Faces Manufacturing Slowdown and Economic Setbacks