latest news in companies

Major Energy Rivals Bid for Shell's Eight Billion Dollar American Chemical Plants

Major Energy Rivals Bid for Shell's Eight Billion Dollar American Chemical Plants

Houston, Monday, 24 August 2026.
Shell attracted non-binding bids from ExxonMobil and LyondellBasell for its $8 billion US chemical portfolio, offering the assets at a steep discount to original capital invested.

Nvidia Agrees to Multi-Billion Dollar Software Deal to Boost Artificial Intelligence Models

Nvidia Agrees to Multi-Billion Dollar Software Deal to Boost Artificial Intelligence Models

Santa Clara, Monday, 24 August 2026.
Nvidia committed $7 billion to license startup Poolside’s software and hire 109 engineers, using a novel licensing strategy to challenge rival artificial intelligence models while bypassing regulatory reviews.

ESET Launches Fast Cloud Threat Scanner on Amazon Web Services

ESET Launches Fast Cloud Threat Scanner on Amazon Web Services

Seattle, Monday, 24 August 2026.
Cybersecurity provider ESET has launched its high-speed threat scanning tool on Amazon Web Services, allowing enterprise clients to detect malware in milliseconds directly within cloud applications.

KPMG Cuts Nearly 400 Australian Jobs Following Client Data Misuse Scandal

KPMG Cuts Nearly 400 Australian Jobs Following Client Data Misuse Scandal

Sydney, Monday, 24 August 2026.
KPMG Australia is cutting 387 roles and slashing partner pay by 13% after a whistleblower scandal over misused client data triggered major contract losses and falling consulting revenues.

Oleria and Happiest Minds Team Up to Secure Enterprise Artificial Intelligence Access

Oleria and Happiest Minds Team Up to Secure Enterprise Artificial Intelligence Access

Bellevue, Monday, 24 August 2026.
Oleria and Happiest Minds have partnered to modernize cyber defense by continuously managing access privileges across human staff, automated tools, and artificial intelligence entities.

B&H Worldwide Expands Aviation Supply Chain Capabilities with New Auckland Airport Hub

B&H Worldwide Expands Aviation Supply Chain Capabilities with New Auckland Airport Hub

Auckland, Monday, 24 August 2026.
B&H Worldwide launched a new logistics facility near Auckland Airport, offering 24/7 emergency aircraft support and specialized storage to accelerate critical supply chains across the Asia-Pacific region.

Waste Management Secures Steady Growth Through Essential Services and Clean Energy

Waste Management Secures Steady Growth Through Essential Services and Clean Energy

Houston, Monday, 24 August 2026.
Controlling over half of U.S. garbage collection, Waste Management projects $26.38 billion in 2026 revenue, driven by automation and expanding energy projects despite broader market volatility.

Veteran Broadcaster Karl Ravech Leaves ESPN After 33 Years Following Network Restructuring

Veteran Broadcaster Karl Ravech Leaves ESPN After 33 Years Following Network Restructuring

Bristol, Monday, 24 August 2026.
Longtime broadcaster Karl Ravech called his final Major League Baseball game for ESPN on August 23, 2026, concluding a distinguished 33-year tenure following corporate cost-cutting measures.

The Real Reason Your Business Artificial Intelligence Tools Are Failing

The Real Reason Your Business Artificial Intelligence Tools Are Failing

New York, Sunday, 23 August 2026.
Generative artificial intelligence underperforms when tools lack specific personal context. Teaching systems detailed operational workflows boosts confidence scores significantly and saves users over fifteen hours every week.

Airline and Luxury Resorts Team Up to Draw Eastern European Tourism to South Africa

Airline and Luxury Resorts Team Up to Draw Eastern European Tourism to South Africa

Cape Town, Sunday, 23 August 2026.
Capitalizing on 2025 visa exemptions, Air France-KLM and Aquila Collection are targeting Romania and Slovakia, tapping into a €10 billion international travel market to boost Cape Town tourism.