Northern Star Resources has formally rejected an unsolicited acquisition proposal from Gold Fields, stating that the offer materially undervalues the Australian gold producer. The Johannesburg-based miner had submitted an indicative
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Apple has been ordered to pay $5.7bn, equivalent to £4.3bn, in damages following a US jury decision that the company used another firm’s technology without permission. The verdict concludes a
A new report has argued that North Sea gas represents the cheapest source of energy available to Britain, thereby reducing the cost of both gas and electricity. Kathryn Porter, founder
Norwegian energy company DNO has confirmed it will not submit a counter offer for Capricorn Energy. The decision follows a recent move by rival Genel Energy, which increased its bid
Brazilian digital lender Nubank is reportedly considering a bid to acquire U.K. FinTech Monzo, a move that would value the British company at up to £10 billion. The Financial Times
A federal jury in San Diego has awarded Taction more than $5.7 billion in damages after finding that Apple infringed two of the company’s patents. The verdict relates to Apple’s
Starfish Space is set to launch its first full-scale Otter spacecraft this autumn, marking the culmination of seven years of development for the company. The vehicle, which has a mass
Kuniko has concluded its phase two diamond drilling programme at the Silica Hill prospect, which forms part of the Commonwealth Project in the Lachlan Fold Belt of New South Wales,
Britain’s energy minister has acknowledged that the national strategic spatial energy plan should have been established significantly earlier than its current timeline. Michael Shanks stated that the framework, which outlines
Europcar UK, a major car hire provider backed by Volkswagen, reported a loss of £43.2m for the most recent financial year. This represents a significant downturn from the £7m profit
BHP has begun the gradual resumption of operations at its Escondida mine in Chile, the world’s largest copper producer, following a fatal accident that temporarily halted activity. The restart occurs
The Elmet Group, a United States based supplier of tungsten alloys, has agreed to purchase a 4.99 per cent equity stake in Vietnam’s Masan High-Tech Materials. The transaction, which values
The trade deficit for the United Kingdom’s food and drink sector has expanded to more than £21bn, marking the largest gap between exports and imports since 2000. Industry leaders have
SpaceX has announced that it intends to attempt to place the upper stage of its Starship vehicle into Earth orbit for the first time during the 14th test flight of
European natural gas storage levels could plummet to as low as 15 per cent during the first quarter of 2027, according to a warning issued by Erisa Pasko, the lead
Microsoft has scheduled a significant event for 7 October in San Francisco to discuss the future of its Windows and Surface product lines. The company stated that the gathering will