Vopak to sell Savannah terminal to BWC Terminals

ROTTERDAM, THE NETHERLANDS: Vopak, the world’s leading independent tank storage company, has agreed to sell its terminal in Savannah, USA, to BWC Terminals, a US-based bulk liquids storage company, for…

NNR May 16, 2023

Wire

OpenAI to Launch New Open-Source Language Model

San Francisco: OpenAI, the nonprofit research company that created ChatGPT, is planning to launch a new open-source language model, according to a report by The Information. The development comes as…

NNR May 16, 2023

Wire

Encora to acquire Softelligence, expanding European presence in digital engineering

Encora, a leading global next-gen digital engineering provider headquartered in Scottsdale, Arizona, has announced its plans to acquire Softelligence, a prominent software engineering services provider based in Romania. The financial…

NNR May 16, 2023

Wire

Vodafone to slash 11,000 jobs in bid to boost competitiveness

Vodafone, the telecoms giant, has announced plans to cut 11,000 jobs across its global operations over the next three years as part of a turnaround plan to improve its performance…

NNR May 16, 2023

Euronext

Stellantis to acquire 33.3% stake in hydrogen fuel cell maker Symbio

PARIS, FRANCE: Stellantis, the world's third-largest automaker, has signed a deal to buy a 33.3% stake in Symbio, a hydrogen fuel cell system maker for hydrogen mobility. The deal is…

NNR May 16, 2023

Australian Exchange

Australian Strategic Materials and Noveon Magnetics partner to supply rare earth magnets

SYDNEY, AUSTRALIA: and SAN MARCOS, TEXAS: Australian Strategic Materials (ASX:ASM) and Noveon Magnetics Inc. announced a strategic partnership to supply rare earth magnets. Under the terms of the agreement, ASM…

NNR May 16, 2023

Australian Exchange

Middle Island acquires East Tennant project from Strategic Energy

SYDNEY, AUSTRALIA: Middle Island Resources Limited (ASX: MDI), a gold explorer with a focus on the Barkly Super Project in the Northern Territory, has announced that it has agreed to…

NNR May 16, 2023

GBP exchange rates

Exchange rates for GBP against major currencies on May 16, 2023

LONDON: The latest exchange rates for GBP against major currencies such as USD, EUR, JPY, AUD and more. Stay up-to-date on the latest fluctuations and trends in the GBP-exchange market.…

NNR May 16, 2023

London Exchange

Seeing Machines signs exclusive deal with Collins Aerospace for eye-tracking solutions

LONDON, UK: Seeing Machines Limited, an Australian company that develops AI-powered eye-tracking technology for transport safety, has signed an exclusive and perpetual licence agreement with Collins Aerospace, a business unit…

NNR May 16, 2023

London Exchange

Workspace Group sells five non-core properties for £82 million

LONDON, UK: Workspace Group PLC, London's leading owner and operator of sustainable, flexible work space, today announced the sale of five non-core properties in the South-East of England for a…

NNR May 16, 2023

London Exchange

Rurelec to sell its Argentinian assets and pay special dividend

LONDON, UK: Rurelec PLC, an independent power producer with operations in Latin America, has agreed to sell its Argentinian assets to a consortium of local investors for up to USD…

Bernice Miles May 16, 2023

London Exchange

Chesnara to acquire Canada Life UK’s Individual Protection Business

LONDON, UK: Chesnara plc, the European life and pensions consolidator, today announced that it has reached an agreement with Canada Life UK to acquire its onshore individual protection line of…

Bernice Miles May 16, 2023