ABU DHABI, UAE: LG Electronics hosted its annual LG Showcase MEA 2024, drawing over 500 attendees to the Conrad Abu Dhabi Etihad Towers Hotel. The event, themed “Reinventing Together,” displayed LG’s latest consumer-focused innovations, emphasizing the brand’s dedication to enhancing customer experiences. Mr. Il Hwan Lee, CEO of LG MEA, expressed delight at the event’s…
Azule Energy inks farm-in deal with Rhino Resources
LUANDA, ANGOLA: Azule Energy has officially farmed-in to Namibia’s offshore Block 2914A with the signing of an agreement with exploration company Rhino Resources Namibia. The transaction marks Azule’s entry into the country as well as its first international deal. Representing the voice of the African energy sector, the African Energy Chamber (AEC) stands in support…
Apple’s declining iPhone sales
Apple has suffered its steepest decline in quarterly revenue in a year, driven in large part by a slump in iPhone sales in China. A 10% decline in iPhone sales sounds like a problem for Apple, considering the company counts on the devices for half its revenue. Apple also signaled overall revenue growth in the…
Ondine Biomedical Inc. announces £3 million fundraising initiative
LONDON: Ondine Biomedical Inc., a Canadian life sciences company listed on AIM (OBI), has announced a significant fundraising effort to secure at least £3 million (C$5.15 million) from mainly existing shareholders. The initiative includes a placement and a subscription, aiming to issue over 43 million new common shares at 7 pence each, a 36.6% premium…
Excitement builds as Nintendo Switch 2 details emerge
The gaming community is abuzz with anticipation as details about the Nintendo Switch 2 begin to surface. Despite Nintendo’s silence on the successor to its wildly popular Nintendo Switch console, the rumor mill has been churning with speculation and purported leaks. A Glimpse into the Future of Gaming As the Nintendo Switch approaches its seventh…
Norva24 Group acquires Nordic Powergroup Holding for DKK 138 million
COPENHAGEN, DENMARK: Norva24 Group AB, the market leader in underground infrastructure maintenance (UIM) in Northern Europe, keeps growing through value-accretive acquisitions. The company announced the acquisition of the clear leader in the high-pressure flushing market in Denmark, Nordic Powergroup Holding A/S (NPG). With the acquisition, Norva24 manifests the number one position within underground infrastructure maintenance…
Introducing the Google Pixel 8a: A Fusion of Style, Durability, and Cutting-Edge AI
The tech world is abuzz with anticipation for Google’s latest innovation, the Pixel 8a. Renowned leaker Evan Blass has provided a treasure trove of details about this upcoming device, and we’re here to unpack it all for you. A Palette of Possibilities: The Google Pixel 8a is set to dazzle with its vibrant colorways. Users…
Paladin Studios shuts down
Paladin Studios, an independent game developer from the Netherlands known for collaborating with Nintendo on the 2020 Switch eShop game Good Job!, has declared the closure of its operations after a nearly two-decade run. The studio, established in 2005 and once boasting a workforce of 55, has worked alongside notable industry names like Apple Arcade,…
Duke Capital makes follow-on investment of £4.0 million in BPVA
LONDON, UK: Duke Capital Limited (AIM: DUKE), a leading provider of hybrid capital solutions for SME business owners in Europe and North America, announced a follow-on investment of £4.0 million into its existing capital partner, BPVA (Ireland) Limited (BPVA). This investment will enable BPVA to complete its latest acquisition as well as reorganise the shareholder…
The Works commences trading on AIM
LONDON: The Works, a renowned value retailer specializing in books, arts and crafts, stationery, toys, and games, has officially transitioned to the AIM market of the London Stock Exchange plc. As of 8:00 a.m. today, the company’s entire issued share capital, comprising 62,500,000 ordinary shares valued at one penny each, has begun trading under the…
Coca-Cola Europacific Partners (CCEP) announces resignation of CFO Nik Jhangiani
LONDON: Nik Jhangiani, CFO, has informed the Company of his intention to join Diageo plc as CFO later this year. CCEP expects to make an announcement about his successor in the near future, following a thorough search with strong candidates already identified. Nik will remain in role to ensure an orderly and effective transition. Damian…
Tekmar Group sells Subsea Innovation Limited to Unique Group for £1.9 million
LONDON, UK: Tekmar Group (AIM: TGP), a leading provider of technology and services for the global offshore energy markets, announced the sale of Subsea Innovation Limited (SIL) to Unique Group through its subsidiary, Unique System (UK) Limited, for a total cash consideration of £1.9 million. Subsea Innovation Limited provides engineering consultancy and subsea products to…