Power Equipment Firm

Power Equipment Firm Innio’s Backers Raise $2.43 Billion in IPO

Power Equipment Firm Innio Rises 15% After $2.43 Billion IPO

Olaf Berlien, president and chief executive officer of Innio Holding, center, rings the opening bell during the company's initial public offering (IPO) at the Nasdaq MarketSite in New York, US, on Thursday, June 4, 2026. Gas engine manufacturer Innio Holding GmbH's biggest shareholders raised $2.43 billion in an upsized initial public offering that priced at the top of the range.

These cranes are battery-powered as firms increasingly ditch diesel

Fuel shock spurs business uptake of green equipment including batteries and EVs Wed 10 Jun 2026 at 4:50am In short: Volatile fuel prices are accelerating the shift to renewable energy by businesses, including batteries to power equipment or fleets of electric vehicles. NAB says uptake of loans to finance green equipment between March and May this year was almost double the uptake over the same period a year ago. The Grattan Institute says a lack of support services could be a barrier to...

No captain, my captain: Navantia floats crewless warship

Giuliani: WC security challenge 'unprecedented'

This summer's World Cup will pose an unprecedented security challenge due to its size and scope, but the nation's law enforcement is "leaning in," Andrew Giuliani, executive director of the White House FIFA World Cup 2026 Task Force, told ESPN in an interview. "This entire country's police force is leaning in," he said. "It is an unbelievable problem set when I think about what local law enforcement is going to have to go over this 40-day stretch.

3 items you should 'never' plug into extension leads

3 items you should 'never' plug into extension leads An energy efficiency expert has issued a stark warning Millions of households across the UK could be unwittingly putting themselves at risk of an electrical fire by plugging high-powered appliances into extension leads. Despite being a handy household staple, experts caution that using extension leads with certain devices can present a serious fire hazard. Jamie Burns, an energy efficiency specialist from reliability firm Ailsa, has...

Crypto-Funded Chinese Peptide Labs Are Booming

Meta has been quietly stashing dormant face recognition code on more than 50 million phones, WIRED reported this week, tucked inside the companion app that pairs with its Ray-Ban and Oakley smart glasses. If activated, the feature—known internally as NameTag—would let wearers identify people in front of them by matching captured faces against a biometric gallery sitting on the user’s device. It’s the same kind of technology Meta said it walked away from in 2021, after paying out billions of...

China is a ‘very big problem’ for EU sanctions against Russia, O’Sullivan tells Euronews

Exclusive: As the bloc readies its 21st sanction package against Russia for the country’s ongoing invasion of Ukraine, the EU Sanctions Envoy David O’Sullivan revealed to Euronews that Beijing remains a “very big problem” for the efficacy of measures. China remains a “very big problem” because of the way it helps circumvent EU sanctions against Russia, with no signs that the practice is abating, the EU’s chief sanctions envoy, David O'Sullivan, said in exclusive comments to Euronews. “We...

‘It’s a hurricane warning’: Guardrails around powerful AI models may be too late

The U.S. is scrambling to strengthen guardrails around increasingly powerful artificial intelligence models before China can catch up. It may already be running out of time. New AI models, such as Anthropic’s Claude Mythos and OpenAI’s GPT 5.5-Cyber, have advanced faster than legislation regulating the technology can keep pace.

GM Wants Your Electric Car to Power Your House—and Your Neighborhood

Some 250,000 electric vehicles manufactured by General Motors are driving around the US today—right now!—with an oft-secret capability: Their big, powerful batteries can charge other things. Potentially appliances, homes, and now, thanks to a software update pushed by the automaker this week, an electrical grid. Twelve of GM’s EVs have this “bidirectional charging” capability, way more than US competitors’ battery-electrics.