MILAN, Italy – Italian energy major Eni has sold a 20% stake in Plenitude, its integrated retail and renewables subsidiary, to Ares Management Corporation for approximately €2 billion ($2.3 billion), valuing Plenitude at over €12 billion including debt. The deal supports Eni’s strategy to accelerate its energy transition efforts by forming strategic partnerships and scaling […]
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LONDON, UK – The Competition and Markets Authority (CMA) has launched a landmark market study into the planning, procurement, and delivery of road and rail infrastructure, aimed at supporting the UK’s long-term infrastructure and economic growth strategy. This is the CMA’s first market study since the publication of the government’s strategic steer. The review will […]
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The UK government has launched a comprehensive 10-year industrial strategy aimed at transforming the nation into a global leader in clean energy, advanced manufacturing, and innovation-driven industries. Central to the plan is a commitment to reduce corporate electricity costs while accelerating the transition to a low-carbon economy. Clean Energy at the Core At the heart […]
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June 2025 — The global travel and tourism sector is experiencing a historic rebound, with several countries on track to surpass pre-pandemic economic records. According to the World Travel & Tourism Council (WTTC), nations including Poland, Saudi Arabia, Australia, Indonesia, the Philippines, Spain, Brazil, and India are poised to post record contributions to their national […]
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BEIJING — The Asian Infrastructure Investment Bank (AIIB) and Keppel Ltd. have announced a strategic partnership to mobilize up to USD 1.5 billion for sustainable infrastructure projects across the Asia-Pacific region by 2030. The agreement was signed during AIIB’s 10th Annual Meeting in Beijing and will be in effect through December 2030. The collaboration aims […]
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SAN FRANCISCO – June, 2025Avelino Ramirez, 52, of Vallejo, California, pleaded guilty in federal court to wire fraud for orchestrating a scheme to plant contraband in state prisons—contraband he would later “discover” to bolster his professional record and secure a promotion. The plea was announced by U.S. Attorney Craig H. Missakian and FBI Special Agent […]
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At least 400 people were injured, including police officers, according to media reports. The official death toll has not been confirmed, with estimates ranging from eight to 16. The demonstrations marked the anniversary of last year’s anti-tax protests, when 60 people were reportedly killed and dozens abducted by police. This year, anger intensified following the […]
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Wilmington, DE – June 17, 2025 – U.S. Attorney’s Office, District of Delaware Robert L. Higgins, 69, the owner of First State Depository in Wilmington, Delaware, has been sentenced to 65 years in federal prison, the maximum term allowed by law, for orchestrating a decade-long fraud scheme involving the theft of at least $76 million […]
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Today, a $4 trillion financing gap is hindering progress toward achieving the Sustainable Development Goals (SDGs) by the end of this decade. In response, the Fourth International Conference on Financing for Development (FFD4) will take place in Sevilla, Spain, beginning on 30 June, bringing together stakeholders to advance solutions to the financing challenges threatening sustainable […]
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June 2025 – Department of Further and Higher Education, Research, Innovation and Science Minister for Further and Higher Education, Research, Innovation and Science, James Lawless T.D., has announced a €23 million investment through the Research Ireland Pathway Programme to support 36 early-career researchers across a wide range of disciplines. The four-year funding initiative is designed […]
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