MILPITAS: Zepp Health Corp. (NYSE: ZEPP), the parent company of Amazfit, has acquired the core assets and intellectual property of Wild.AI, a women’s wellness platform known for its hormone-informed coaching and performance optimization tools. The deal, finalized in late August, includes proprietary technology and select leadership from Wild.AI. Wild.AI uses physiological and hormonal data to…
Huawei launches second-generation trifold smartphone as it eyes recovery and global push
SHENZHEN: Huawei Technologies on Thursday unveiled its second-generation trifold smartphone, the Mate XTs, as the Chinese tech giant seeks to consolidate its resurgence in the domestic market and cautiously re-enter overseas territories. The Mate XTs, priced between 17,999 yuan ($2,520) and 21,999 yuan depending on memory configuration, features a dual-hinge design that allows the device…
Power Metal acquires stake in Dubai-based blockchain mining platform Kingia FZCO, renamed as Minestarters
LONDON: Power Metal Resources PLC (AIM: POW, OTCQB: POWMF), a London-listed natural resources exploration company, said on Thursday it has signed a binding investment agreement to acquire up to 49% of Dubai-based Kingia FZCO, which will be renamed Minestarters, for up to £3 million in cash. Minestarters plans to launch a blockchain-enabled decentralised finance (DeFi)…
Empire Metals reports strong interim results, highlights breakthrough titanium discovery at Pitfield
Company posted a net loss of £1.7 million for the period ended June 30, 2025 LONDON: Empire Metals Limited (LON:EEE; OTCQX:EPMLF) on Thursday reported its interim results for the six months ended June 30, 2025, spotlighting a series of milestones that position its Pitfield project as a globally significant titanium asset. Empire posted a net…
Grafton Group posts 9.5% profit growth in H1, eyes expansion in Iberia
Revenue rose 10.1% to £1.25 billion, supported by integration of Spanish distributor Salvador Escoda and acquisition of HSS Hire Ireland LONDON: Grafton Group plc reported a 9.5% rise in adjusted operating profit for the first half of 2025, driven by strong contributions from its Iberian operations and disciplined margin management, despite mixed market conditions across…
Jersey Oil & Gas halves costs, pushes forward with Buchan Field amid UK tax scrutiny
LONDON: Jersey Oil & Gas plc (JOG), an independent oil and gas company operating in the North Sea, announced its unaudited interim results for the first six months of 2025, highlighting a significant reduction in its operational costs and continued progress on its flagship Buchan redevelopment project. The company stated it has halved its annualized…
Tungsten West reports FY2025 results, highlights strategic progress at Hemerdon Mine
LONDON: Tungsten West Plc (LON:TUN) on Thursday released its audited financial results for the year ended March 31, 2025, underscoring significant operational and strategic milestones at its Hemerdon tungsten and tin project in Devon, UK. The Company published its Annual Report and Financial Statements on its website, detailing a robust Development and Economic Plan and…
Genus posts strong FY25 results, accelerates China JV and FDA milestone boosts profit
Adjusted profit before tax surged 24% to £74.3 million, driven by broad-based growth LONDON: Genus plc reported a robust financial performance for the year ended June 30, 2025, with adjusted profit before tax rising 24% to £74.3 million, driven by broad-based growth across its porcine and bovine genetics businesses and strategic progress in China. Adjusted…
Antin Infrastructure Partners in talks to acquire majority stake in smart mobility firm Matawan
PARIS: Antin Infrastructure Partners (Paris:ANTIN) and smart mobility platform Matawan have entered exclusive negotiations for a majority investment, aiming to accelerate the digital transformation of public transport networks across Europe and North America. Founded in 2012, Matawan provides cloud-based infrastructure for multimodal transit systems, offering account-based ticketing, AI-powered demand optimization, and real-time service data. The…
Econolite opens fourth U.S. manufacturing facility in San Diego to support BABA compliance
SAN DIEGO: Econolite, a leading provider of intelligent traffic management solutions and a subsidiary of Umovity, announced Thursday the opening of a new 50,000-square-foot manufacturing facility in San Diego, California. The expansion marks the company’s fourth U.S.-based production site and reinforces its commitment to the Build America, Buy America Act (BABA). The state-of-the-art facility will…
Vision Ridge Partners acquires Turks and Caicos power utility, rebrands as Pelican Energy TCI
PROVIDENCIALES: Vision Ridge Partners, a global investor in sustainable real assets, has acquired FortisTCI Ltd., the electricity utility serving the Turks and Caicos Islands. The company has been rebranded as Pelican Energy TCI, signaling a renewed commitment to sustainable and resilient energy infrastructure across the territory. Terms of the transaction were not disclosed. Pelican Energy…
CoreWeave to acquire OpenPipe, expanding AI agent training capabilities
NEW YORK: CoreWeave Inc. (NASDAQ: CRWV), the AI Hyperscaler™, said Thursday it has entered into a definitive agreement to acquire OpenPipe Inc., a developer-focused platform specializing in reinforcement learning (RL) for training AI agents. The acquisition strengthens CoreWeave’s position in the AI infrastructure market by integrating OpenPipe’s advanced RL frameworks into its high-performance cloud ecosystem….