Nokia said it will sell its submarine networks business Alcatel Submarine Networks (ASN) to the French State for an enterprise value of €350 million (US$375 million). The deal involves the French State, represented by the Agence des participations de l'Etat (APE), acquiring ASN, with Nokia retaining a 20% shareholding and board representation until the targeted exit, at w...

In Greek mythology, Atlas was a Titan, a giant deity who was tasked with holding up the celestial spheres and the heavens on his shoulders. He is often depicted as a strong and mighty figure, bearing the weight of the world on his shoulders. The image of Atlas holding up the heavens has been a popular motif in art and literature, symbolising endurance, strength, and the burden...

In an era where artificial intelligence and cloud computing are reshaping economies and societies, data centre investment emerges as a critical intersection of technology and finance. 2024 promises unprecedented levels of activity in this sector, driven by growing demands for data processing, the proliferation of machine learning applications, and the expansive reach of hypers...