Babcock & Wilcox Enterprises, Inc. ( BW ) shares are trading higher after the company inked a deal to sell its Denmark-based subsidiary, Babcock & Wilcox Renewable Service A/S, to Hitachi Zosen Inova for $87 million. BWRS, which employs more than 160 people and provides aftermarket parts and services for waste-to-energy plants in northern Europe and the U.K., was transferred...

BERLIN, July 1 (Reuters) - French drugmaker Sanofi is nearing a decision to invest between 1.3 billion and 1.5 billion euros ($1.4-$1.6 billion) to upgrade its production of long-acting insulin shots in Germany, a person familiar with the plan told Reuters on Monday. The expected investment would be the latest in a string of recent wins by Germany's ruling coalition...

11:59 AM EDT, 07/01/2024 (MT Newswires) -- (Updating with response from Eni's spokesperson in the fourth paragraph) Eni (E) plans to raise 4 billion euros ($4.3 billion) from selling assets in its global upstream business, Bloomberg News reported Monday, citing people familiar with the matter. The company could raise up to 1 billion euros from the sale of upstream assets...

11:56 AM EDT, 07/01/2024 (MT Newswires) -- (Adds Nvidia declining comment in fourth paragraph, more detail throughout.) Nvidia ( NVDA ) will be charged with anticompetitive practices by French regulators, Reuters reported Monday, citing people with direct knowledge of the matter. The move follows a September, 2023 raid by investigators from the Autorite de la Concurrence, France's competition authority, on...