Recent Posts

Gates-backed battery firm gets funding from Reliance, others

Bloomberg Ambri Inc, a Bill Gates-backed venture that makes batteries for power grids, said it secured $144 million to build production plants in funding led by billionaire Mukesh Ambani’s Reliance Industries Ltd and Paulson & Co. Plans include a pilot facility and a subsequent commercial-scale site in the US, followed by two more abroad in yet-to-be-determined locales. Reliance, India’s most ...

Read More »

Brookfield wins Inter Pipeline’s backing for $6.8 billion deal

Bloomberg Canada’s Inter Pipeline Ltd told shareholders to accept a $6.8 billion hostile takeover offer from Brookfield Infrastructure Partners LP, days after walking away from a friendly deal with Pembina Pipeline Corp. The move pushes the monthslong battle for Canada’s fourth-largest midstream company closer to a resolution. Brookfield sweetened its bid to win over Inter Pipeline shareholders, while prominent advisory ...

Read More »

JetBlue begins flights from New York to London at $202

Bloomberg Just nine days after the UK granted vaccinated Americans quarantine-free entry, JetBlue Airways Corp is making its first foray into transatlantic service, starting flights on the world’s most lucrative air route—from New York’s John F Kennedy International Airport to London Heathrow—on Wednesday. It’s a long-awaited move for fans of the carrier, which has made its name offering affordable, friendly ...

Read More »
Send this to a friend