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Madison Air Solutions to Acquire German Fan Maker ebm-papst for $5.4 Billion

By admin August 18, 2026 No comment

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U.S.-based Madison Air Solutions has agreed to acquire German fan and ventilation equipment maker ebm-papst in a $5.4 billion deal. The transaction will see ebm-papst’s three shareholder families transfer their stakes to Madison Air, part of billionaire Larry Gies’ Madison Industries. The acquisition is aimed at expanding Madison Air’s presence in Europe and strengthening

Nestle Develops New Products for Weight-Loss Drug Users

By admin August 17, 2026 No comment

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Nestle is looking to turn the rapid growth of GLP-1 weight-loss drugs into a new business opportunity by developing products specifically for people taking medicines such as Ozempic and Wegovy. The company is using artificial intelligence and nutritional science to study the effects of rapid weight loss and identify products that could support users’ nutritional […]

Rainfall Helps Fight Belgium’s Biggest Wildfire as Blazes Sweep Europe

By admin August 17, 2026 No comment

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Rainfall brought relief to firefighters battling Belgium’s largest wildfire on record in the High Fens nature reserve. The fire, which has burned around 3,000 hectares, was partly contained on Monday and was no longer spreading towards the German border as cooler temperatures and increased humidity helped slow its advance. The wildfire is part of a […]

Cristiano Ronaldo Hints at Retirement After Glittering Career

By admin August 17, 2026 No comment

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Cristiano Ronaldo has suggested that the 2026-27 season could be his final year as a professional footballer. The 41-year-old Portugal captain, who recently married Georgina Rodriguez, said he wants to leave behind a “spectacular legacy” after more than two decades at the highest level. Ronaldo has won five Ballon d’Or awards and five Champions League […]

Europe’s Heatwaves Expose Insurance Gap as Business Losses Mount

By admin August 17, 2026 No comment

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Europe’s increasingly frequent heatwaves are causing major financial losses for businesses, while traditional business interruption insurance often fails to cover the disruption. In Italy’s Padua, hospitality businesses have seen customers avoid outdoor dining during peak heat, with more than 80% of surveyed businesses reporting turnover declines of around 20%. The