Yara curtails ammonia production due to increased gas prices

OSLO, NORWAY: Record high natural gas prices in Europe are impacting ammonia production margins, and as a result Yara International is curtailing production at a number of its plants. Including…

Ali Mirza September 17, 2021

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Elliptic Labs features AI virtual smart sensor on Xiaomi Mi 11T

OSLO, NORWAY: Elliptic Labs, a global AI software company and the world leader in AI Virtual Smart Sensors, will feature its AI Virtual Proximity Sensor INNER BEAUTY on the new…

NNR September 16, 2021

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ECIT acquires 70% ownership in WLCOM

OSLO, NORWAY: ECIT AS has acquired 70% of WLCOM, a software and consulting company with more than 25 years of experience, which will strengthen the IT division in ECIT. Conzigma…

NNR September 16, 2021

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SEGRO prices €500 million inaugural Green Euro Bond

PARIS, FRANCE: SEGRO Plc announced the launch and pricing of a ten year, €500 million senior unsecured Green bond issue. The bonds, which were eight times oversubscribed, were priced at…

NNR September 16, 2021

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InsurTechs leveraging significant capital inflows to fuel innovation

PARIS, FRANCE: InsurTechs and BigTech players are leveraging significant capital inflows to boost technological development and fuel innovation, turning up the heat on incumbent insurers. Capgemini and Efma’s World InsurTech Report 2021 was…

NNR September 16, 2021

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SFL Corporation to sell 7 handysize dry bulk vessels for $100 million

OSLO, NORWAY: SFL Corporation Ltd. announced that it has agreed to sell its seven handysize dry bulk vessels to an Asian based buyer for an aggregate price of approximately $100…

NNR September 14, 2021

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House of Control acquires Sweden based Egreement AB

HØVIK, NORWAY: House of Control Group AS has entered into an agreement to acquire Egreement AB in Sweden, a news release said. The acquisition significantly strengthens House of Control’s SaaS-offering…

NNR September 14, 2021

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Holcim sells business in Brazil for $1.025bn

PARIS, FRANCE: Holcim Ltd has signed an agreement with CSN (Companhia Siderúrgica Nacional) as it sells business in Brazil for an enterprise value of USD 1.025 billion, a news release…

NNR September 10, 2021

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Vivendi sells additional 2.9% stake of UMG to Pershing Square for $1.149 billion

PARIS, FRANCE: Vivendi completed the sale of an additional 2.9% of Universal Music Group B.V. (UMG) to Pershing Square and its affiliates, as announced on August 31, 2021. The price…

NNR September 9, 2021

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MPC Energy to construct a solar park in the Dominican Republic

AMSTERDAM: MPC Energy Solutions (MPCES) has entered the Dominican Republic through a joint development agreement with Soventix Caribbean, a leading regional developer.MPCES holds 51% in this partnership that seeks to…

NNR September 9, 2021

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Europris opens new store at Jåttå

FREDRIKSTAD: Europris opened a new store today at Jåttå in Rogaland county. This brings the group's extensive network of stores to 269. Today's opening is the third in 2021. The…

NNR September 9, 2021