Spain's Nazca Capital Unveils Ambitious $400 Million Defense Fund

In a significant move aimed at bolstering the defense sector, Nazca Capital, a prominent Spanish investment firm, has announced the launch of a substantial $400 million fund dedicated to defense-related investments. This innovative initiative comes at a time of heightened geopolitical tensions and increased focus on national security across Europe, particularly in the wake of lingering global uncertainties.

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SolarEdge Dismisses 12% of Workforce Following Massive $1 Billion Write-Down

In a significant move signaling struggles in the solar energy sector, SolarEdge Technologies Inc. has announced plans to reduce its workforce by 12%. This decision comes on the heels of an astounding $1 billion write-down, a substantial financial hit for the company that has raised concerns among stakeholders and investors alike.

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