LONDON: Rutherford Health plc announced that it has entered into an agreement with Somerset NHS Foundation Trust to provide diagnostics services. Rutherford, via its wholly owned subsidiary, Rutherford Diagnostics Limited, will provide the Trust with a variety of diagnostics services including Magnetic Resonance Imaging, Computed Tomography, Ultrasound, X-Ray and other relevant diagnostic services. These diagnostics…
11 major international companies join forces to accelerate the energy transition in transport and logistics
PARIS: At the Rencontres Économiques d’Aix-en-Provence, an economic forum attended by many organizations from around the world, 11 international groups have announced they have joined forces to form an international coalition open to new members. AWS, Carrefour Group, CMA CGM Group, Cluster Maritime Français, Crédit Agricole Corporate and Investment Bank, Engie, Faurecia, Michelin, Schneider Electric,…
Globaltrans Investment launches GDR buyback programme
LONDON: Globaltrans Investment PLC announced that it is launching a buyback programme having received approval from its shareholders at the Extraordinary General Meeting. The buyback programme is for the Company’s Global Depositary Receipts (GDRs) listed on the Main Market of the London Stock Exchange and will run for a period of twelve months from the…
PointsBet appointed official gaming partner for Detroit Tigers
MELBOURNE: PointsBet Holdings’ subsidiary PointsBet USA Inc., has entered into a new multi-year deal to become a gaming partner of the Detroit Tigers Major League Baseball (MLB) team. Following Michigan’s legalization of sports betting in 2019, the partnership stands as the first sports betting partnership for a professional sports team within Michigan and is also…
Worley gets services contract by BASF for battery material plant in Finland
SYDNEY, AUSTRALIA: BASF SE (BASF) has awarded Worley Limited a services contract for its European battery material investment project in Finland. The project is to build a plant that will produce precursor battery material for the European market. The plant will be powered by electricity generated from renewable energy sources such as hydro, wind and…
Nautilus explores options to sell Octane Fitness
VANCOUVER: Nautilus Inc., the innovation leader in home fitness for over 30 years, announced its plan to pursue efforts to find a potential buyer for Octane Fitness to focus solely on growing, investing, and innovating in the home fitness equipment market. “Our decision to explore the potential sale of Octane Fitness is as a result…
Assurant appoints former T-Mobile CFO J. Braxton Carter to its Board of Directors
NEW YORK: Assurant Inc., a global provider of lifestyle and housing solutions, announced the appointment of J. Braxton Carter, former executive vice president and chief financial officer for T-Mobile US, Inc., to its Board of Directors. He will serve on the Board’s Audit Committee. “We are excited to have Braxton join our Board,” said Assurant…
Belden completes $120mn divestiture of its live media business, Grass Valley
SAINT LOUIS: Belden Inc., a global supplier of specialty networking solutions, announced the completion of the previously announced divestiture of the Company’s Live Media business (Grass Valley) to Black Dragon Capital, a private equity firm led by technology operating executives with deep media-related expertise and a proven track record of building market leading companies. The…
Pakistan’s petroleum products sales decline 11 percent in FY20
KARACHI: Pakistan’s Oil Marketing Companies (OMCs) sales during the year ended June 30, 2020 witnessed a downfall of 11 percent to 16.41 million tons with the major contributor being Furnace oil (FO) which goes down by 36 percent in FY20, numbers revealed by Oil Companies Advisory Committee (OCAC) suggest. However, a total of 1.62 million…
Electro Optic Systems to provide 251 Remote Weapon Stations for the Australian Defence Force
CANBERRA: Electro Optic Systems Holdings Limited (EOS) has entered into contract negotiations with the Commonwealth of Australia for supply of 251 Remote Weapon Stations and related materiel. The acquisition activity is part of the $270 billion capability upgrade for the Australian Defence Force, under the new 2020 Force Structure Plan. The execution of a formal …
Greenlane Renewables announces framework agreement to reduce outstanding debt
VANCOUVER: Greenlane Renewables Inc. announced the execution of a Framework Agreement with Pressure Technologies plc (PT), Creation Partners LLP and Brad Douville. Through the Framework Agreement, Greenlane’s outstanding promissory note to PT will be reduced by $1.8 million to $5.2 million upon disposition of PT’s equity position in Greenlane which is expected to occur through…
Liquiditi Solutions organizes global virtual forum addressing COVID-19 response
SEOUL: Liquiditi Solutions and Unit Ventures successfully co-hosted the inaugural Liquiditi Solutions Forum that spotlighted doctors, business leaders, and health experts that are leading the response to COVID-19. The virtual conference brought together 25 speakers from four continents, including Africa, Asia, Europe and North America, and attendees from all over the globe. Liquiditi Solutions offers…