BENTONVILLE: Walmart and the Elton John AIDS Foundation are joining forces to change the course of HIV in the United States with the launch of “Breakthrough.” This new initiative aims to accelerate the end of AIDS in America by increasing access, education and awareness to safe, convenient HIV testing and services in the southern United States….
K-Electric announces launch of K-solar, a renewable energy company
KARACHI, PAKISTAN: K-Electric Limited (KE) has announced the launch of K-Solar, a renewable energy company that will enable the shift towards a greener and cleaner energy future. K-Solar is the solar power solutions subsidiary of K-Electric, a privately owned and vertically integrated power utility that has been the sole power supplier to Karachi and its…
Nornickel has resumed ore mining at Taimyrsky mine
MOSCOW: MMC Norilsk Nickel (Nornickel), the world’s largest producer of palladium and high-grade nickel and a major producer of platinum and copper, announced that on June 1 the company began to gradually restart ore mining at the Taimyrsky underground mine and plans to advance mine’s operations to full capacity in the near future. Currently, the…
Magnit launches credit broker service
KRASNODAR, RUSSIA: Magnit PJSC, one of Russia’s leading retailers, has launched the Credit Broker online service that allows any user of the chain’s mobile app to apply for a credit card and receive a quick response from partner banks connected to the service. The Credit Broker is available to all Magnit mobile app users. To…
Hege Brende appointed CEO of Rainpower
OSLO, NORWAY: Hege Brende has been appointed Chief Executive Officer (CEO) of hydropower technology company Rainpower, 100 percent owned by Aker Horizons, taking over from 1 August, 2021, a news release said. Brende joins Rainpower from the position as director of the Norwegian Geological Survey (NGU), and prior to this director at HydroCen NTNU and…
Jubilee Metals announces more acquisition of PGM material in South Africa
LONDON, UK: Jubilee Metals, a leader in metals processing with operations in Africa, announced a further substantial acquisition of the rights to 944 000 tonnes of PGM containing tailings in the Eastern Limb of the PGM-rich Bushveld Complex. This comes in quick succession to the PGM Supply Agreements entered in to and the acquisition of…
Samarkand Group formally opens office in Tokyo, Japan
LONDON, UK: Samarkand Group plc, the cross-border eCommerce technology solution provider, announced the formal opening of its office in Tokyo, Japan. On 25th May 2021, the Company established Samarkand Global (Japan) KK based in Tokyo as its subsidiary to serve the Japanese market. Japan is the world’s 4th largest eCommerce market, and Japanese brands are…
ContourGlobal and Energy Infrastructure Partners acquire Green Hunter Group for €49.7 million
LONDON, UK: ContourGlobal plc in partnership with Energy Infrastructure Partners AG has reached an agreement with a group of private shareholders to acquire up to 100% of the shares in Green Hunter Group S.p.A., a portfolio of Solar Photovoltaic assets totaling 18 MW located in Italy for €49.7 million. The Acquired Assets of Green Hunter…
AstraZeneca appoints Aradhana Sarin as new Chief Financial Officer
LONDON, UK: AstraZeneca PLC has appointed Aradhana Sarin as an Executive Director and Chief Financial Officer, conditional upon closing of AstraZeneca’s acquisition of Alexion Pharmaceuticals Inc. Dr. Sarin is currently Executive Vice-President, Chief Financial Officer of Alexion. Further biographical details are set out below. Dr. Sarin will relocate from the US and be based in…
Smurfit Kappa acquires Cartones del Pacifico
DUBLIN, IRELAND: Smurfit Kappa Group has completed the acquisition of Cartones del Pacifico, a leading paper-based packaging company in Peru. Smurfit Kappa Group is one of the world’s largest integrated manufacturers of paper-based packaging products with operations in Europe and the Americas, The acquisition represents an important milestone for the Company as it expands its…
Carbios SA buys SPI Fund’s entire shares in Carbiolice for €17.9 million
PARIS, FRANCE: Carbios SA has acquired SPI Fund’s entire shares (37.29%) in Carbiolice capital for a purchase price of €17.9 million, a news release said. Since the creation of Carbiolice in 2016, the close collaboration between Carbios and the SPI Fund enabled the industrial development of a unique innovative solution: The creation of a new…
Stealth Global Holdings to acquire Heatley Sales for A$4.2 million
SYDNEY, AUSTRALIA: Stealth Global Holdings’ subsidiary, Heatley Sales Pty Ltd has reached an agreement to acquire the business assets of Skipper Transport Parts (STP) for A$4.2 million. STP is currently an operating division within AMCAP, a subsidiary of Eagers Automotive Limited, Australia’s largest automotive retail group. STP is a market leading distributor of Industrial MRO…