NEW YORK: Tiziana Life Sciences announced that its former subsidiary Accustem Sciences Limited intends to file a listing application with the Nasdaq Stock Market shortly after completion of the distribution of shares in Accustem to Tiziana Life Sciences plc shareholders. The board of directors of Accustem has resolved that the Nasdaq listing venue is more…
High-Tech Lubricants ventures into plastic packaging industry
KARACHI: Management of High-Tech Lubricants (HTL) has decided to enter new business opportunities in the plastic packaging industry by venturing into the production of plastic products for external customers and third parties. “This business will be pursued through the existing plant site of Hi-Tech Blending (Pvt.) Ltd. (HTBL), a wholly owned subsidiary of HTL,” a…
Orange offers a final price of 22 euros per Orange Belgium share
PARIS: Orange launched its public takeover bid on April 8 for the shares of Orange Belgium at a price of 22 euros per share. This price was determined on the basis of a multi-criteria valuation detailed in the prospectus relating to the offer approved by the Belgian Financial Services and Markets Authority (FSMA) on 31…
Hopium S.A launches subsidiary dedicated to blockchain technology
PARIS: Hopium S.A, the first manufacturer of high-end hydrogen vehicles, announced the launch of UNA, a subsidiary based in California that will be dedicated to blockchain technology. The French car manufacturer Hopium continues to imagine the future of mobility by integrating blockchain technology at the source of the development of its hydrogen vehicle, a first…
Green Minerals receives development grant from Forskningsrådet
OSLO: Green Minerals AS announced that Forskningsrådet, one of the Norwegian Government`s key vehicles to help finance innovation- and research projects, has granted development support to the Company through Skattefunn of NOK 1,9m. The risk-reduction support is provided towards further development of the Company`s proprietary DeepMineX (pending) software, key to the decision-gates in deep sea…
Total partners with Siemens Energy to reduce LNG related emissions
PARIS: Total and Siemens Energy signed a Technical Collaboration Agreement to study sustainable solutions for CO2 emissions reduction. The collaboration will focus on natural gas liquefaction facilities and associated power generation. Each partner will bring together their best-in-class technologies and combine their know-how to deliver industrial-stage solutions such as combustion of clean hydrogen in gas…
Fitch revises outlook on ANZ to stable
SYDNEY: Australia and New Zealand Banking Group (ANZ) confirms Fitch Ratings (Fitch) revised the outlook on the long-term Issuer Default Rating (IDR) for ANZ, and its wholly-owned New Zealand subsidiary ANZ Bank New Zealand Limited (ANZNZ), to stable from negative. Fitch affirmed ANZ’s and ANZNZ’s long-term IDR at ‘A +’. Fitch also reaffirmed all the…
Mode Bitcoin trading volumes increase 316%
LONDON: Mode Global Holdings reports another quarter of strong growth with trading volumes and new customer numbers jumping 316% and 200% respectively compared to Q4 2020, as the price of Bitcoin hit a new record. Bitcoin continued to climb over the quarter and surged past $60,000 for the first time in March. Mode’s trading levels…
JD Sports and Clipper Logistics announce Letter of Intent
LONDON: Clipper Logistics plc has signed a letter of intent with JD Sports Fashion PLC (“JD Sports”), to provide e-fulfilment services from its distribution centre in Sherburn, near Leeds. It is anticipated that Clipper will provide e-fulfilment services to supplement JD Sports’ existing e-commerce operation. Clipper will also provide logistics support to trunk product to…
CoalTech signs business development agreement targeting Chinese and Indonesian markets
LONDON: Clean Invest Africa’s subsidiary CoalTech Limited has signed a business development agreement with Mr Daniel Lee in respect of providing business development capabilities to identify opportunities in the People’s Republic of China and the Republic of Indonesia. Mr Lee was an early investor in Clean Invest Africa, recognising the positive impacts that its proprietary…
BEWI ASA acquires 51% of Danish paper packaging company Honeycomb Cellpack
OSLO: BEWI ASA has acquired 51 percent of the Danish paper packaging company Honeycomb Cellpack A/S, a news release said. Honeycomb provides protective packaging solutions, including design, development and manufacturing of sustainable packaging which is both recyclable and biodegradable. “Through this acquisition, we are broadening our product offering within protective packaging, in line with our…
Open Orphan plc plans spin-out of certain non-core Development IP Assets
LONDON: Open Orphan plc is at an advanced stage in planning for a possible spin-out of certain non-core Development IP Assets. These Development IP Assets are a portfoilio of intellectual property and development assets, including HVO-001 which has potential application in the treatment of respiratory disease. These do not include the equity interests in Imutex…