PARIS: Peugeot Invest has announced the sale of 35 private equity funds on the secondary market to Committed Advisors, marking a significant step in the strategic rebalancing of its investment portfolio. The transaction, valued at approximately €227 million (€94 million in euro-denominated funds and $149 million in USD-denominated funds), involves assets managed by 22 General…
Avantium joins Bottle Collective to advance sustainable fiber bottles
AMSTERDAM: Avantium N.V., a leader in renewable polymer materials, has partnered with the Bottle Collective to showcase fiber bottles made using Dry Molded Fiber (DMF) technology, the company announced. Avantium’s plant-based polymer PEF (polyethylene furanoate) will be integrated into the bottle production process, enhancing sustainability and barrier performance. The Bottle Collective, launched in 2023 by…
Alex Cheeseman appointed CEO of Greenvale Energy
BRISBANE: Greenvale Energy Limited (ASX: GRV) announced Monday the appointment of Alex Cheeseman as its new chief executive officer, effective immediately. Cheeseman, a seasoned resources executive with over 20 years of experience, will lead the company’s growth strategy, focusing on resource development and shareholder value. Cheeseman’s background includes leadership roles in ASX-listed mining and exploration…
IMEXHS highlights growth and new software at 2025 annual general meeting
SYDNEY: IMEXHS Limited (ASX: IME), a global provider of cloud-based medical imaging software and radiology services, outlined its strategic progress and financial outlook at its 2025 Annual General Meeting on Monday. Chairman Doug Flynn highlighted the successful launch of the company’s new AI-powered platform, Aquila+, calling it a “major step forward” for the business. The…
Nanoveu launches embedded AI evaluation to extend drone flight time
SYDNEY: Nanoveu Limited (ASX: NVU), a leader in advanced semiconductor and materials science technology, announced a two-phase evaluation program for its ultra-low-power ECS-DoT system-on-chip (SoC) aimed at enhancing drone flight endurance and enabling real-time artificial intelligence (AI) capabilities. The program, led by Nanoveu’s subsidiary EMASS, seeks to demonstrate significant improvements in energy efficiency and onboard…
Vitura Health’s joint venture acquires Heyday Medical Clinic
MELBOURNE: Vitura Health Limited (ASX: VIT), a leading digital health platform in Australia, announced Monday that its 50%-owned joint venture, Flora Holdings Pty Ltd, has acquired the assets of Heyday Medical Clinic, a prominent medicinal cannabis clinic. The acquisition aims to strengthen Flora’s national footprint in integrated holistic healthcare. Heyday Medical Clinic, established in 2020,…
Manawa Energy shareholders to vote on acquisition by Contact Energy
Manawa shareholders approve acquisition by Contact AUCKLAND: Manawa Energy Limited shareholders are set to decide on a proposed acquisition by Contact Energy Limited at a special meeting scheduled for June 18, 2025. The deal, structured as a Scheme of Arrangement, offers shareholders $1.12 per share in cash plus 0.5830 new Contact shares for each Manawa…
Spark New Zealand, Nokia sign strategic network operations partnership
AUCKLAND: Spark New Zealand has entered a strategic partnership with Nokia to enhance network operations, the companies announced Monday. Under the agreement, Nokia will oversee daily monitoring and support for Spark’s network while Spark retains control over key strategic decisions, including future planning, network design engineering, and critical incident oversight. The collaboration will also focus…
Monexis launches upgraded multi-asset trading platform with personalized strategies
NEW YORK: Monexis has officially unveiled its revamped multi-asset trading platform, offering bespoke strategies, real-time analytics, and 24/7 global support. Built on the principle that “one strategy never fits all,” the platform combines personalized guidance with advanced technology to cater to traders of all levels. Key features include real-time market data, integrated portfolio management, institutional-grade…
ONFA Fintech expands digital banking platform with Metti Capital Funding
ONFA FINTECH USA, a subsidiary of METTITECH GROUP HOLDINGS, has secured strategic backing from Metti Capital Funding to expand its blockchain-based digital banking platform, the company announced. The move aims to strengthen ONFA’s technological infrastructure and accelerate its presence in the global decentralized finance (DeFi) market. ONFA operates at the intersection of blockchain and artificial…
Israel GDP grows 3.4% in Q1 as Gaza ceasefire provided brief respite
JERUSALEM: Israel GDP grew at an annualized rate of 3.4% in the first quarter, buoyed by a temporary Gaza ceasefire that allowed businesses to rebound before fighting resumed in mid-March, official data showed Sunday. The Central Bureau of Statistics reported the expansion in Israel GDP (gross domestic product), slightly below economists’ median forecast of 3.5%….
Apple may be preparing AirPods Pro 3
A new leak suggests Apple could be gearing up to release the next generation of AirPods Pro earbuds. According to a report by 9to5Mac, code shared on X this week by Apple analyst Aaron Perris indicates the company is working on a third iteration of its premium wireless earbuds. The code snippet references “AirPods Pro…