Smith+Nephew acquires Engage Surgical

LONDON, UK: Smith+Nephew, the global medical technology business, announced the acquisition of Engage Surgical, owner of the only cementless unicompartmental (partial) knee system commercially available in the US. This acquisition…

Ali Mirza January 19, 2022

London Exchange

Boku Inc to sell Boku Identity to Twilio for $32.3mn

LONDON, UK: Boku Inc., a leading provider of mobile payment solutions, has reached agreement for the divestment of its wholly-owned subsidiary Boku Identity Inc. to Twilio Inc. for a maximum…

Bernice Miles January 19, 2022

Australian Exchange

Alex Biro appointed MD & CEO of TEK-Ocean Group

SYDNEY, AUSTRALIA: TEK-Ocean Group has appointed Alex Biro as Managing Director and Chief Executive Officer of the Company effective 19 January 2022. Alex Biro was a non-executive director and one…

NNR January 19, 2022

Wire

Microsoft to buy Candy Crush maker, Activision for $70bn

SEATTLE: Microsoft has agreed to buy video game company Activision Blizzard in a $70 billion. Activision makes some of the most popular titles, including Call of Duty and Candy Crush.…

NNR January 18, 2022

Euronext

Vivendi to acquire 8.5% stake in Progressif Media

PARIS, FRANCE: Vivendi will acquire 8.5% stake in the digital communication group Progressif Media from ZeWatchers. Progressif Media specializes among other things, in the design and execution of social network…

NNR January 18, 2022

Business & Finance

Is Forex Trading Halal? A Deep Dive into Islamic Finance and Currency Markets

Forex trading, also known as foreign exchange, currency market or FX (foreign exchange), allows investors to buy and sell currencies. For example, A trader could sell a British Pound, and…

NNR January 18, 2022

Australian Exchange

Decmil Group wins $18.1mn Town of Port Hedland contract

SYDNEY, AUSTRALIA: Decmil Group Limited (ASX: DCG) has secured a $18.1 million contract from the Town of Port Hedland to construct a new Port Hedland Community Centre building complex. The…

NNR January 17, 2022

Euronext

Telenor agrees to sell its stake in Wave Money to Yoma Strategic

OSLO, NORWAY: Telenor Group and Yoma Strategic have entered into an agreement to sell Telenor Group’s 51 percent share of Digital Money Myanmar Limited (Wave Money) for USD 53 million…

NNR January 17, 2022

London Exchange

Shawn Purvis appointed President and CEO of QinetiQ US

LONDON, UK: QinetiQ Group has named Shawn Purvis as President and CEO of QinetiQ US, effective 16 February 2022. Shawn is currently a member of the Executive Leadership Team and…

NNR January 17, 2022

London Exchange

Palace Capital acquires Maidenhead office building for £10.25m

LONDON, UK: Palace Capital has acquired 22 Market Street, an office building in the centre of Maidenhead, Berkshire for £10.25 million reflecting a net initial yield of 6.83%. The transaction…

NNR January 17, 2022

London Exchange

Vela Technologies invests in EnSilica Limited

LONDON, UK: Vela Technologies has invested £750,000 in EnSilica Limited, a leading fabless semiconductor design business focused on custom mixed signal Application Specific Integrated Circuits (ASICs), in the form of…

NNR January 17, 2022

MENA

GFH spins out infrastructure investments into Infracorp

MANAMA, BAHRAIN: GFH Financial Group announced the spinning out of its infrastructure and real estate assets under the newly established "Infracorp" capitalized with more than US$1 billion in infrastructure and…

NNR January 17, 2022