
Air Canada Suspends Multiple US Routes
May 27, 2025: Air Canada Cuts Five U.S. Routes for Winter 2025–26, Part of Broader Cross-Border Retrenchment
March 30, 2023: On Wednesday, Ovo Energy plans to seize Shell Plc’s UK gas and electricity business. Sky News reported that this move would allow the British retail energy supplier to recycle the No. 2 spot in the British supply business.
The report added that Ovo is anticipated to propose an indicative offering for Shell Energy Retail Ltd’s UK operation, which cited sources. Shell Energy Retail has nearly 1.4 million customers.
In January, Shell stated it was considering exiting its home energy retail firms in Britain, the Netherlands and Germany after “tough market conditions”.
Retail energy supply in Europe has struggled over the past year, with increasing wholesale prices forcing governments to shield consumers from surging bills.
A successful deal would start Ovo’s customer base from nearly 4 million UK households to 5.4 million homes, based on information available on Ovo and Shell websites.
This should be Ovo ahead of Octopus Energy, the UK’s second-huge supplier, which has nearly 5 million household customers after taking over energy supplier Bulb.
According to the Sky report, it was unclear if Ovo is funding a takeover of the firms from existing financial resources or if it would need to raise recent equity or debt.
The report stated that British Gas owner Centrica, the UK’s significant retail supplier, is exploring an offer for the SERL arm, which cited industry executives.
We provide the insights on leaders who are responsible for taking their organization to new heights, all the while bringing together a group of talented individuals.
May 27, 2025: Air Canada Cuts Five U.S. Routes for Winter 2025–26, Part of Broader Cross-Border Retrenchment
May 26, 2025: Trump Freezes $2.2B in Federal Grants to Harvard Over DEI, Threatens Tax-Exempt Status.
May 14, 2025: Microsoft has announced plans to reduce its global workforce by approximately 3%, affecting roughly 10,000 employees across multiple departments.
May 13, 2025: The Trump administration is considering suspending the constitutional right of habeas corpus in a bid to accelerate mass deportations.
April 29, 2025: Donald Trump’s second term has reached the 100-day mark under sustained public skepticism, with national approval ratings
April 24, 2025: NATO closely monitors a series of Russian naval exercises in the northern waters near Finland and Norway amid heightened military activity