February 12, 2025

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Latest February 12, 2025

Building Information Exchange (BEX): Enhancing Collaboration in Construction and Design

Building Information Exchange (BEX) has emerged as a transformative mechanism that streamlines collaboration and data sharing among stakeholders in the ever-evolving realm of construction and design. In an industry marked by complexity, precision, and the need for seamless communication, it is a technological solution that revolutionizes how critical information is exchanged. This comprehensive article delves...

TE Connectivity to Acquire Richards Manufacturing for $2.3 Billion to Expand in Utility Grid Market

Key Points TE Connectivity is acquiring Richards Manufacturing for $2.3 billion in cash to expand in the electrical utilities sector. AI-driven demand is expected to double data center power consumption by 2028, increasing the need for grid infrastructure upgrades. Richards Manufacturing will be integrated into TE’s Industrial Solutions segment, adding $400 million in annual sales....

Australian Stocks Hit Record High as Industrials and Financials Lead Gains

Key Points Australian stock market reached a new all-time high, as gains in the Industrials, Financials, and Consumer Staples sectors pushed the S&P/ASX 200 up 0.60%. Computershare Ltd. (ASX:CPU), Austal Ltd. (ASX:ASB), and SGH Ltd. (ASX:SGH) were among the top performers. Amotiv Ltd. (ASX:AOV), St Barbara Ltd. (ASX:SBM), and Perseus Mining Ltd. (ASX:PRU) were among...