American fast food chain Burger King has lost a protracted legal battle against a Pune-based restaurant sharing the same name. The Indian court dismissed a 13-year-old trademark infringement suit filed by Burger King Corporation, citing the restaurant's pre-existing operation since 1992, long before the multinational company entered the…
Diversified Energy has completed the acquisition of natural gas properties and related facilities in eastern Texas from Crescent Pass Energy, marking another strategic move in the company's expansion. The deal, initially valued at £84m, closed at £80m after customary adjustments. The acquired assets boast proven developed…
A rocket engine test at the UK's newest spaceport in Shetland has resulted in a significant setback for the burgeoning British space industry. German company Rocket Factory Augsburg (RFA), aiming to conduct the first UK vertical rocket launch into orbit, experienced an explosion during a test on Monday.…
A groundbreaking legal battle between artists and artificial intelligence (AI) art generators has taken a significant turn, with a US federal judge advancing key claims in a lawsuit alleging copyright infringement and unauthorized use of vast amounts of online imagery. The ruling could have far-reaching implications for the burgeoning AI…
A search and rescue operation is underway off the coast of Sicily after a luxury yacht carrying 22 people was struck by a tornado and sank, leaving six individuals missing, including British tech magnate Mike Lynch. The incident occurred around 5 am local time on Monday, with the yacht, named…
Specialist UK real estate investor Tri7 has taken ownership of a stalled development site in Manchester city centre, marking a significant step towards revitalising a vacant plot in a prime location. The firm, known for its value-add investment and asset management expertise, acquired the site at 10-12 Whitworth Street West…
Neo Performance Materials (TSE:NEO) recently announced strong earnings results, which saw the company's share price jump considerably. However, a closer look at the figures reveals some intriguing details that investors should be aware of. A Closer Look at Profit Performance The company's reported profit, while…
The business landscape is undergoing a rapid transformation, driven by a growing awareness of environmental and social issues. As consumers and investors become increasingly discerning, companies are realising that success hinges on more than just financial performance. Building trust through sustainable practices and a commitment to environmental, social, and governance…