Boeing and Israel's Technion university said on Tuesday they were beginning to develop Sustainable Aviation Fuel (SAF) from feedstocks including green hydrogen and carbon dioxide to enable the aviatio... ...

India's crude oil imports rose 1.6% month-on-month in December to 21.59 million metric tons, their highest level since March, government data showed on Tuesday. ...

Core Viewpoint - Intellia Therapeutics has received approval from the U.S. Food and Drug Administration to lift a clinical hold on one of its late-stage gene therapy trials, enabling the company to resume testing its experimental treatment [1] Group 1 - The FDA's decision allows Intellia to continue its clinical trial, which is crucial for the development of its gene therapy [1] - The lifting of the clinical hold is a significant milestone for Intellia, potentially impacting its future growth and market position [1]

With its first activist campaign in three years, hedge fund Third Point will try to force CoStar Group , the owner of Apartments.com and Homes.com, to change board directors and restructure operation... ...

Core Insights - Mattel announced a new line-up of dolls based on the popular Netflix series "KPop Demon Hunters" to be launched later this year, indicating a strategic move to capitalize on the show's success [1] Company Developments - The new doll line aims to engage fans of "KPop Demon Hunters" after Mattel's previous attempts to leverage the show's popularity during the holiday season did not yield expected results [1]

Core Viewpoint - Pinterest announced a workforce reduction of less than 15% and plans to downsize its office space, focusing on reallocating resources towards artificial intelligence initiatives [1] Company Actions - The company is implementing a workforce reduction of less than 15% [1] - Pinterest is also planning to shrink its office space [1] Strategic Focus - The reallocating of resources is aimed at enhancing the company's artificial intelligence initiatives [1]

Core Insights - Meta Platforms, the parent company of Facebook, has entered into a significant agreement with Corning, a manufacturer of Gorilla Glass, to pay up to $6 billion for fiber-optic cables intended for its AI data centers [1] Company Summary - Meta Platforms is investing heavily in infrastructure to support its AI initiatives, indicating a strong commitment to enhancing its data center capabilities [1] - The deal with Corning highlights the growing demand for advanced fiber-optic technology in the tech industry, particularly for AI applications [1] Industry Summary - The agreement reflects a broader trend in the technology sector where companies are increasingly focusing on upgrading their data center infrastructure to accommodate AI workloads [1] - The investment in fiber-optic cables signifies the importance of high-speed data transmission in the development and deployment of AI technologies [1]

Core Insights - NextEra Energy exceeded Wall Street estimates for fourth-quarter adjusted profit, driven by increased power demand and robust performance in its renewables segment [1] Group 1 - The company reported a strong performance in the fourth quarter, indicating resilience in its operations [1] - Higher power demand contributed significantly to the company's financial results, showcasing the growing need for energy [1] - The renewables unit demonstrated strength, reflecting the ongoing transition towards sustainable energy sources [1]

Boeing posted a fourth-quarter profit on Tuesday, fueled by the sale of its navigation software services provider, as well as rising jet output and stronger deliveries. ...

Brazilian miner Vale has halted operations at units that analysts say account for about 2% of its iron ore production outlook for this year after water overflowed at the sites, a securities filing sho... ...