Pennon Group buys Sutton East Surrey Water for £380m
Pennon Group, owners of South West Water is expanding its footing in southern England.
Pennon Group, owners of South West Water is expanding its footing in southern England.
Global power is often discussed in terms of familiar giants—countries whose economic size, military strength, or political reach dominate headlines. Yet beyond the spotlight, a quieter shift is underway. A group of “middle powers” is steadily increasing its influence, not through dramatic displays of force or sweeping ideological movements, but through strategic positioning, economic specialization,…
Nick Martin, co-founder and CEO of Joe Coffee, is so concerned about the state of the economy that he’s looking for ways his company can save money. One main area for cuts: software. Martin started the Seattle-based company with his brother, Brenden, to help local coffee shops better compete with Starbucks, by making it easier…
A top Facebook executive in India has apologized to Muslims in the company for sharing a post on her Facebook page that called India’s Muslims a “degenerate community” for whom “nothing except purity of religion and implementation of Shariah matter.” “Dear friends – The intent of my personal Facebook post was not to denigrate Islam,”…
Barclays slashed its workforce by around 5,000 jobs in 2023 as part of a major cost-cutting drive announced last year, the bank said Monday. The majority of the cuts fell in Barclays Execution Services, the bank’s support unit, the lender said, confirming for the first time Reuters reporting from last November that the lender was eyeing thousands of…
Updated Jan. 11, 2024 3:38 pm ET Hertz is selling about a third of its global electric-vehicle fleet, a major reversal for the rental-car company after it positioned itself as a champion of the technology with plans to vastly grow its fleet of plug-in models. Hertz said Thursday that it would sell about 20,000 EVs…
Chevron is buying Hess Corp. for $53 billion in another huge deal this month as the industry uses its windfall from surging oil prices.