Category: Current Affairs
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Yokogawa Electric Corporation has increased its investment in Semantum Oy — a Finnish company that provides digital solutions for industrial plant data modelling, simulation, optimisation, and engineering automation. With this investment, Semantum will become an affiliated company of the Yokogawa group. Yokogawa first invested in Semantum in 2019, and the two companies jointly developed the…
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Veolia capitalised on the reopening of European markets to take advantage of favourable issuance conditions and complete a record bond placement with three new bond tranches totalling €2.5bn. Firstly, a 5-year bond for €950m bearing a coupon of 3.2%. Next, an 8-year bond for €900m bearing a coupon of 3.6%, and finally, a 12-year bond…
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Gradiant — a water treatment solutions and technologies company — has increased revenue by over 50% compared to 2024, while reportedly securing over US$500m in new orders ensuring continued growth into 2026. Profitability increased four times, reflecting operating leverage. Growth was diversified across industries, regions, and applications. Revenue remained geographically balanced across mature and high-growth…
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Bentley Systems, the infrastructure engineering software company, has acquired Talon Aerolytics and the technology and technical expertise of Pointivo. These acquisitions strengthen Bentley’s Asset Analytics portfolio with a revenue run rate of about US$50m, applying digital twins and AI to help owner-operators improve asset performance and resilience across infrastructure sectors. According to Bentley Systems CFO…
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Keppel has received conditional approval from the relevant authorities for a 10-year land tenure lease extension until 15 July 2050 for the Keppel Data Centre Campus at Genting Lane in Singapore. This forms part of the divestment of the two AI-ready hyperscale data centres — Keppel Data Centre Singapore (KDC SGP) 7 and KDC SGP…
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Global group in automation technology and software Emerson has launched registration for Emerson Exchange 2026, taking place from 19-21 May 2026 at the Dubai World Trade Centre. “With the theme ‘Imagine the Next’, this year’s users conference will call on delegates to look beyond today’s wave of digital transformation and envision the breakthroughs that will define…
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The international nonprofit CDP has once again given Mitsubishi Electric its A-list rankings for both climate change and water security activities. CDP runs the world’s only independent environmental disclosure system for companies, capital markets, cities, states and regions to manage their environmental impacts (Image: CDP) The top ratings recognise the environmental focus of Mitsubishi Electric’s…
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BW Offshore and BW Group have established a 50/50 joint venture entity (JV) — BW Elara — to design and build Floating Desalination Units (FDUs), producing fresh water from salt water. “This partnership combines BW Offshore’s capabilities with BW Water’s desalination expertise to address the world’s growing fresh water demand”, said BW Group chairman Andreas…