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…
Alessandra Galloni appointed editor-in-chief of Reuters
NEW YORK: Reuters announced the appointment of Alessandra Galloni as editor-in-chief, effective April 19. Michael Friedenberg, president of Reuters, wrote to employees to share that Galloni, previously global managing editor at Reuters, will oversee all editorial functions for the newsroom and its 2500 journalists in 200 locations around the world. She will become the first…
Rambler Metals and Mining closes sale of non-core assets to Maritime Resources Corp.
LONDON: Rambler Metals and Mining plc has closed the previously announced sale of non-core assets to Maritime Resources Corp. The non-core assets include the Company’s existing gold circuit at the Nugget Pond metallurgical facility and a number of Canadian exploration properties and royalties. Eason Chen appointed CFO at Rambler Metals and Mining Key terms of…
Mattioli Woods acquires Pole Arnold Financial Management Limited for upto £7.0 million
LONDON: Mattioli Woods plc announced the acquisition of 100% of the share capital of Pole Arnold Financial Management Limited for an initial consideration of £4.0 million and potential further consideration of up to £3.0 million dependent on the attainment of specified performance targets in the two years after completion. Pole Arnold is a firm of…
Huddlestock receives the 2021 FinTech Innovator Award
OSLO: Huddlestock Fintech receives the 2021 FinTech Innovator Award. We are delighted to announce that Huddlestock Fintech has been named “FinTech Innovator of the Year” in the 2021 Technology Innovator Awards. “We are delighted to receive this years’ Technology Innovator Award for FinTech. A strong recognition of our innovative software solutions in wealth management and…