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Southwest Gas sets share sale price below Icahn’s rejected offer

  Bloomberg Southwest Gas Holdings Inc priced shares at $74 apiece in a stock sale to fund its $2 billion acquisition of a pipeline company that activist investor Carl Icahn tried to block. The price is below an offer made by Icahn, who has been rebuffed in efforts to take over the utility owner. Southwest Gas will raise about $392.5 ...

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E.ON, Fortescue to supply green hydrogen to Europe

  Bloomberg German energy giant E.ON and Australia’s Fortescue Future Industries plan to supply green hydrogen to Europe as the continent seeks to cut its dependency on Russian energy. The companies will work together to supply 5 million metric tons of green hydrogen a year by 2030, they said in an emailed statement, after signing a memorandum of understanding in ...

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Putin’s war is hollowing out Russia’s tech future

Russia’s invasion of Ukraine has been met with crippling sanctions, brought an untold human and economic cost, and turned it into an international pariah. But one of the most damaging long-term consequences may be the resulting hollowing out of the nation’s vast pool of tech talent. As many as 70,000 information technology workers have already fled the country and another ...

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