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Search resuls for: "— Sam Meredith"


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Products displayed at the Schneider Electric SE booth at the International Photovoltaic Power Generation and Smart Energy Expo in Shanghai, China, on Thursday, June 13, 2024. The chief executive of French power-equipment maker Schneider Electric said on Thursday that the firm's $850 million deal to take a controlling stake in U.S.-based liquid cooling company Motivair will help to bolster its offering to fast-growing and energy-intensive data centers. "We've always said we are going to be agile in respect to acquisitions and targets out there that fit exactly into the strategy of Schneider Electric," Schneider Electric CEO Peter Herweck told CNBC's "Squawk Box Europe" on Thursday. Herweck said the all-cash deal to acquire an initial 75% controlling interest in the equity of Motivair, which was announced on Thursday, was "rich, but not overly expensive" and "fits great" with the firm's strategy. The acquisition takes place as a global rush for the next wave of generative AI coincides with increasing public scrutiny on environmental concerns, with technology giants recently pivoting to nuclear in an attempt to power its AI ambitions.
Persons: We've, Peter Herweck, CNBC's, Herweck, — Sam Meredith Organizations: Schneider, International, Power, Smart Energy Locations: Shanghai, China, U.S
Ukrainian Air Force Commander Mykola Oleschuk on Friday said the country shot down a Russian Tu-22M3 strategic bomber for the first time, destroying a warplane capable of using long-range missiles. "During today's attack, two such missiles were destroyed for the first time. Ukraine needs more means, more missiles, in order to better protect the frontline territories from Russian terrorism," he added. Separately, Russia's Defense Ministry said the bomber crashed over the southern Stavropol region when it was flying back to its home airfield, state news agency RIA reported via Telegram. The Stavropol region is located in the North Caucasus region of southern Russia, hundreds of kilometers from Ukrainian-controlled territory.
Persons: Mykola Oleschuk, Oleschuk, Sam Meredith Organizations: Tupolev, Kremlin, Nazi, Ukrainian Air Force, Air Force, Main Directorate of Intelligence, Ministry of Defense, CNBC, Russia's Defense Ministry Locations: Moscow, Nazi Germany, Russian, Ukraine, Stavropol, North Caucasus, Russia
President of Ukraine Volodymyr Zelenskyy and Prime Minister of Greece Kyriakos Mitsotakis (L) inspect the functioning of the 'grain corridor' in the Black Sea in the port of Odesa, Ukraine on March 06, 2024. European Union leaders have sharply criticized a deadly Russian missile strike on Ukraine's southern port city of Odesa, near to where President Volodymyr Zelenskyy and Greek Prime Minister Kyriakos Mitsotakis held a meeting. Zelenskyy and Mitsotakis met in Odesa on Wednesday to pay tribute to the 12 people killed by a Russian drone strike on the city last week. During the meeting, Mitsotakis said the pair heard the sound of sirens and "an explosion that was very close to us." A Ukrainian navy spokesperson said five people were killed in the strike, according to Sky News.
Persons: Ukraine Volodymyr Zelenskyy, Greece Kyriakos, Volodymyr Zelenskyy, Kyriakos Mitsotakis, Mitsotakis, @ZelenskyyUa, Josep Borrell, Ursula von der Leyen, Sam Meredith Organizations: European Union, Sky News, Union, European, Russia's Defense Ministry, Wednesday Locations: Ukraine, Greece, Odesa, Russian, Ukrainian
In this pool photograph distributed by Russian state agency Sputnik, the Tupolev Tu-160M "Ilya Muromets" strategic bomber is seen on the grounds of an aircraft manufacturer in Kazan on February 22, 2024. Russian President Vladimir Putin said on Friday that almost all of the country's strategic nuclear forces had been modernized and the Russian Air Force had recently taken delivery of four nuclear-capable bombers, according to state news agency Tass. A day earlier, the Russian president flew on a modernized strategic missile carrier known as a TU-160M. "Today, the share of modern weapons and equipment in the strategic nuclear forces has already reached 95%, while the naval component of the 'nuclear triad' is at almost 100%. A key priority for the Kremlin, Russia's so-called "nuclear triad" refers to the ability to launch nuclear missiles from land, air and sea.
Persons: Tupolev, Ilya Muromets, Vladimir Putin, Putin, Sam Meredith Organizations: Sputnik, Russian Air Force, Tass, Fatherland, Armed Forces, Kremlin Locations: Russian, Kazan, Russia
A selection of injector pens for the Saxenda weight loss drug are shown in this photo illustration in Chicago, Illinois, U.S., March 31, 2023. The company's diabetes and obesity division performed particularly well, bolstered by interest in its blockbuster injection Wegovy. Novo Nordisk , which makes the weight-loss drug Wegovy, raised its outlook for 2023 Thursday, as it reported soaring sales. For 2023, the company now anticipates sales growth of 27%-33% and operating profit growth of 31%-37%, at constant exchange rates. The active ingredient in Wegovy is semaglutide, an FDA-approved drug that works by imitating a naturally-occurring gut hormone that helps to regulate appetite.
Persons: Wegovy, Lars Fruergaard Jørgensen, — Sam Meredith Organizations: Novo Nordisk, FDA Locations: Chicago , Illinois, U.S, Danish
Ukrainian President Volodymyr Zelenskyy said in his overnight address that winter shelters with basic services including heat, water and a first-aid kit would be freely available to citizens across the country. He said these "invincibility" centers would be necessary to support people in the event of further Russian attacks on the country's energy system. More than 4,000 centers have been prepared so far, Zelenskyy said. "I am sure [that] by helping each other, we will all be able to get through this winter together," he added. — Sam Meredith
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