COPENHAGEN: Norse Atlantic Airways said Friday it will lease two Boeing 787-9 Dreamliners to Pakistan International Airlines, the latest move by the struggling Norwegian carrier to shore up its finances. The agreement allows Norse to retain a key ACMI contract…
LONDON: Oxford Metrics plc (LSE: OMG), the smart sensing and measurement technology group, has acquired the assets of Move AI Ltd, a London-based developer of AI-powered technology for capturing and digitising human movement. The acquisition is intended to accelerate Vicon’s…
LONDON: SIG Plc announced that Simon Kesterton, Chief Financial Officer, will be appointed Chief Executive Officer with effect from 1 May 2027. Pim Vervaat will remain Chief Executive Officer until 1 May 2027, when he will transition to become non-executive…
LONDON: Scotchstone Capital LLP confirmed it is considering making an offer for Permanent TSB Group Holdings plc, the Irish lender known as PTSB, the firm said in a statement. Scotchstone said there can be no certainty that any offer will…
OKLAHOMA CITY: AXP Energy Limited announced Friday it has entered a conditional agreement to acquire seven previously producing oil and gas wells and associated infrastructure on approximately 400 acres in Noble County, Oklahoma, adjoining its existing Edwards Lease. The Australian…
LONDON: InvestAcc Group, a UK pension administrator, said Thursday it has agreed to sell its wealth management and Appointed Representative businesses to a company owned by one of their directors for £12 million (about $16 million). The buyer, Edengate Wealth…
JPMorgan Chase has named Eleni Skoura as head of its Chase business in Germany, succeeding Daniel Llano Manibardo, according to Reuters on Thursday. Skoura will assume the role on Jan. 1 and report to Manibardo, who will take over as…
AI agent startup Manus has raised more than $500 million in its first funding round since Chinese regulators forced Meta to abandon its acquisition of the company, signaling that investor appetite for AI-agent startups remains strong despite the setback. Butterfly…
LONDON: Kelso, the main market listed investment vehicle, today announced a new investment in Likewise Group plc following the recent purchase of 5,000,000 shares at an average price of 30p. Following the rise in Likewise’s share price to c.40p, giving…
BUNNIK: Royal BAM Group N.V. has agreed to acquire A.Hak, a leading Dutch specialist in underground infrastructure, in a transaction valued at €504 million, the company announced Wednesday. The acquisition significantly strengthens BAM’s position in the fast-growing Dutch market for…
MOSCOW: Russia’s state nuclear company Rosatom said Wednesday it has taken full control of logistics group Delo, announcing plans to create the country’s largest network of rail, road and port terminals. Rosatom, which previously held 49% of Delo, bought the…
LONDON: Apollo Global Management has submitted a non-binding offer for Uniper, the German state-owned energy firm, joining a crowded field of suitors bidding for one of Germany’s largest utilities, Reuters reported. Potential bidders had until September 21 to submit indicative…