BEIJING, CHINA: Huawei announced its business results for the first quarter of 2020. In Q1 of this year, Huawei generated US$ 25.7 billion in revenue approximately, an increase of 1.4% year-on-year. The company’s net profit margin in Q1 2020 was 7.3%. As COVID-19 continues to spread around the world, Huawei is taking proactive measures to…
Cycladex Ltd and BC Mining announce strategic partnership for Mexico
LONDON: Cycladex Ltd has signed a non-exclusive license for the use of its technology with BC Mining of Baja Mexico. The two Companies also announced a strategic partnership to commercialise their technology in multiple locations around Mexico. Cycladex’s technology consists of a patented process for isolating gold and silver which does not use cyanide, reduces…
Sarah Bentley to be new chief executive of Thames Water
LONDON: Thames Water Utilities Limited, UK’s biggest water and wastewater services provider, has announced the appointment of Sarah Bentley as chief executive officer, starting this autumn. During her time at Severn Trent, Sarah has been the chief customer officer responsible for customer retail and network operations, group technology and transformation. Ian Marchant, Thames Water’s interim…
Total wins over 135 MW of projects in the latest national solar tender
PARIS, FRANCE: Total S.A through Total Quadran, a wholly-owned affiliate dedicated to developing and producing renewable energy in France, was awarded with 131 megawatt-peak (MWp) of solar projects or 20% of the total up for the seventh round of the CRE 4 (French Energy Regulatory Commission) tender for ground-mounted solar parks, as well as 5.6…
John Barton appointed Chairman of Ted Baker Plc
LONDON: Ted Baker, the global lifestyle brand, has appointed John Barton as non-executive Chairman of the Board. John, who will join the Board in July, brings a wealth of relevant experience to Ted Baker, having held senior non-executive positions across a number of leading consumer-facing businesses. He is currently Chairman of easyJet plc, having been…
TGS completes reprocessing of new regional 2D survey in the Russian Sea of Okhotsk
ASKER: TGS-NOPEC Geophysical Company, a leading provider of multi-client geoscience data for exploration & production (E&P) companies, has announced that it has completed the reprocessing of a 21,631-square kilometer regional 2D seismic survey offshore Sakhalin Island, in the Russian Sea of Okhotsk. The reprocessing has been undertaken with the support of TGS’ Russian partner, DMNG….
Nel Hydrogen Electrolyser enters into framework agreement for delivery of electrolysers in France
OSLO: Nel Hydrogen Electrolyser AS, a subsidiary of Nel ASA, has entered into a framework agreement for the delivery of up to 60 megawatt of electrolysers to Lhyfe Labs SAS (Lhyfe) in France. “We are proud to be the choice of preference for Lhyfe. Our electrolysers have an unparalleled track record of providing the combination…
Carl’s subsidiary FlowWorks adds Boulder Colorado to its growing list of clients
VANCOUVER: Carl Data Solutions, a developer of Big-Data-as-a-Service (“BDaaS”)-based solutions, announced that FlowWorks Inc. has partnered with the Hach Company US Flow Division to provide additional monitoring services to The City of Boulder, Colorado. Boulder will be using Hach’s Data Delivery Services to better monitor flows in the city’s sewer system. This flow data is…
Gfinity partners with YaLLa Esports to grow reach of RealGaming101 in MENA
LONDON: Gfinity plc, a leading esports and gaming solutions provider, has partnered with YaLLa Esports, one of the leading MENA esports teams, to expand its RealGaming101 offering into the Middle East-North Africa (MENA) region. The partnership will see YaLLa and Gfinity work together to create content and commercial opportunities that will benefit both parties. This…
Dalata agrees sale & leaseback of Clayton Charlemont Hotel for €65 million
DUBLIN: Dalata Hotel Group has agreed the sale and leaseback of its Clayton Hotel Charlemont in Dublin, Ireland, to Deka Immobilien for a consideration of €65 million. The transaction is expected to be completed by the end of April 2020. The hotel will be let on a new FRI (fully repairing and insuring) lease for…
Kromek receives Queen’s Award for International Trade
LONDON: Kromek Group, a worldwide supplier of detection technology focusing on the medical, security screening and nuclear markets, has received a Queen’s Award for Enterprise in recognition of its outstanding contribution to International Trade. The Queen’s Awards are the most prestigious awards for UK business, designed to recognise and encourage achievements in the fields of…
Hardide plc wins Queen’s Award for Enterprise
LONDON: Hardide Plc, the developer and provider of advanced surface coating technology, has been honoured with a Queen’s Award for Enterprise in recognition of the outstanding growth of its international sales. The Group has won a Queen’s Award for Enterprise: International Trade 2020, for its outstanding short-term growth in overseas sales, which increased by 152%…