Carrier Global Corp to acquire Viessmann unit in $13.17 billion deal
Max Viessmann, the CEO of Viessmann Group, speaks to CNBC’s Annette Weisbach.
U.S. to send nuclear submarines in new pledge to protect South Korea from North’s threats
President Joe Biden and his counterpart, South Korean President Yoon Suk Yeol, will sign the new agreement in Washington on Wednesday, officials said.
Ukraine’s nuclear power plants are still a source of nightmares years after the Chornobyl disaster
It’s been 37 years since the deadly explosion at the Chornobyl nuclear power plant. Such facilities in Ukraine are now a source of great worry amid the war.
Britain blocks Microsoft’s $69 billion acquisition of Activision Blizzard
Britain’s top competition regulator on Wednesday moved to block Microsoft’s acquisition of video game publisher Activision Blizzard.
EU agrees to decarbonize air travel with the ‘world’s largest green fuels mandate for aviation’
The EU secured a deal to decarbonize the air travel sector, seeking to slash heat-trapping emissions by stimulating the region’s green aviation fuel market.
Bankers’ pitch to save First Republic: Help us now, or pay more later when it fails
The potential First Republic rescue plan is the latest twist in a saga sparked by the sudden collapse of Silicon Valley Bank last month.
Sweden’s Riksbank raises rate to 3.50%, says nearly done with hikes
Sweden’s central bank raised its policy rate by half a percentage point to 3.50% in line with market forecasts on Wednesday and said it was nearly done with policy tightening.
Brits need to accept they are now poorer, Bank of England chief economist says
Huw Pill, the U.K. central bank’s chief economist, told a podcast workers and companies were in a game of “pass the parcel” over inflation.
Electric car sales surged by 55% last year to surpass 10 million, and China led the way: IEA
China, Europe and the U.S. are major players when it comes to electric cars.
With Russia’s role in the global energy system falling, a select few nations are set to benefit
Western sanctions, which resulted from the onslaught of its neighbor, sapped most foreign investment out of Russia’s LNG sector.
