ABINGDON: Conrad Energy has agreed to acquire Viridis Power, more than doubling its share of flexible generation for the UK power market, and bringing its operational portfolio to over 440MW at 28 sites across the UK and equivalent to the average hourly electricity needs of one million homes, a news release said. The acquisition further…
Dimitris Psillakis to advance Mercedes-Benz Cars North American operations
ATLANTA: The Daimler Board of Management has appointed Dimitris Psillakis as Head of Marketing and Sales, Mercedes-Benz Cars North America and CEO of MBUSA, effective January 1, 2021. The announcement was made by Britta Seeger, Member of the Board of Management of Daimler AG and Mercedes-Benz AG, responsible for Marketing and Sales, to whom Psillakis…
Naveen Rajkumar joins ISOutsource as CEO and President
BOTHELL: ISOutsource announced that Naveen Rajkumar will be joining ISOutsource as Chief Executive Officer and President, effective October 1, 2020. Naveen will be joining ISOutsource from iLink Digital, where he was the Executive Vice President and Chief Business Officer for the past three years. Prior to iLink Systems, Naveen was SVP and Chief Information Officer…
American Expediting Company appoints Kerry Anne Carter as Chief Executive Officer
FOLCROFT: American Expediting Company announced that Kerry Anne Carter has been named as Chief Executive Officer. Carter is a strategic and innovative leader with a track record of building high performing teams and driving growth in multiple distribution businesses. Most recently Carter served as the Executive Leader of Staples’ B2B furniture division, the largest contract…
Ofgem proposes orders to pay £34 million in renewables obligations and feed-in tariff payments
LONDON: Ofgem is consulting on issuing seven suppliers with final orders to compel them to make £33.861 million in outstanding payments owed to comply with the Renewable Obligations (RO) scheme and pay £158,814.47 in Feed-in Tariff (FIT) levelisation payments. The seven suppliers are: Co-Operative Energy Limited; Flow Energy Limited; MA Energy Limited; Nabuh Energy Limited;…
AstraZeneca’s Farxiga granted breakthrough therapy designation in US for chronic kidney disease
LONDON: AstraZeneca’s Farxiga (dapagliflozin) has been granted Breakthrough Therapy Designation (BTD) in the US for patients with chronic kidney disease (CKD), with and without type-2 diabetes (T2D). CKD is a serious, progressive condition defined by decreased kidney function and is often associated with an increased risk of heart disease or stroke.1,2,3 In the US, 37…
Future plc announces acquisition of CinemaBlend
LONDON: Future plc has announced the acquisition of CinemaBlend, a premium digital entertainment publisher. CinemaBlend, based in the US, is a high-growth digital brand focused on the TV, film and entertainment market. Through its website, podcast series, social media channels and newsletters, CinemaBlend provides a platform for enthusiasts and casual fans to discover, explore and…
Impact BioMedical to begin efficacy testing of Pan-Coronavirus vaccine under newly formed subsidiary
ROCHESTER: Impact BioMedical Inc. has formed a new wholly owned subsidiary, Innate Immune Inc., to initiate efficacy testing of a pancoronavirus vaccine, a special type of vaccine designed to protect against multiple coronaviruses. “Highly pathogenic human coronaviruses are continuously emerging and remain a major threat to human health,” stated Daryl Thompson, Impact BioLife’s Director of…
The Very Good Food Company announces partnership with Pamela Anderson Foundation
VANCOUVER: The Very Good Food Company announced a charitable partnership with The Pamela Anderson Foundation to raise awareness for plant-based diets and animal rights. Pamela Anderson stated: “It is a thrill to have my Foundation associated with a butcher: a 21st century butcher who uses technology to create plant foods that help animals, human health,…
SLANG Worldwide completes acquisition of Oregon’s LBA Global Corporation
TORONTO: SLANG Worldwide Inc., a global cannabis consumer packaged goods (CPG) company, has completed its previously announced acquisition of LBA Global Corporation and its Lunchbox Alchemy brand portfolio and subsidiary Lunchbox Distribution. The Transaction is expected to bolster SLANG’s position in Oregon by adding a complementary portfolio of top-selling products along with robust cannabis extraction,…
Christina Lake Cannabis commences trading on the CSE
VANCOUVER: Christina Lake Cannabis Corp. announced that its common shares began trading on the Canadian Securities Exchange (CSE) on Thursday October 1, 2020 under the ticker symbol “CLC”. Christina Lake Cannabis is a premier producer of high-quality, low-cost, sun-grown cannabis flower, oil cannabinoids, as well as hemp-based extracts and derivatives, serving domestic and international markets….
Healthcare Activos Yield begun trading on Euronext Access Paris
MADRID: Euronext, Europe’s leading capital markets operator, announced that 114.459 million shares of Healthcare Activos Yield, a Socimi created in August 2019 by Healthcare Activos and Altamar Capital Partners, have begun trading on Euronext Access Paris. The incorporation of this Spanish Socimi confirms Euronext’s position as a reference market for European companies in the real…