ERBIL: Gulf Keystone Petroleum Ltd. has begun exporting crude oil from the Shaikan Field through the Iraq-Türkiye Pipeline, marking a key milestone in the company’s 2025 production strategy. Exports commenced on Sept. 27 and are expected to reach full capacity in the coming days as pipeline availability continues to ramp up, the company said in…
Genuit Group has acquired Davidson Holdings Limited for £49 million
LONDON: Genuit Group plc, the UK’s largest provider of sustainable water, climate and ventilation solutions for the built environment, today announces that it has acquired Davidson Holdings Limited for a total consideration of £49.0 million on a debt-free and cash-free basis. The Business comprises leading brands in the plumbing and heating sectors including Salamander Pumps,…
Hilton Food sells Fairfax Meadow Europe to Sysco for £54 million
LONDON: Hilton Food Group plc, the leading international multi-protein food business, has sold the entire issued share capital of Fairfax Meadow Europe Limited (“Fairfax”) to Sysco GB Ltd, (part of the Sysco Group). The disposal will result in Hilton Foods receiving gross cash proceeds of £54 million and is expected to be earnings dilutive. The…
Luke Miels appointed CEO designate for GSK
LONDON: GSK plc (LSE/NYSE: GSK) today announced that Luke Miels is appointed CEO Designate, GSK. He will assume full responsibilities as CEO and join the Board on 1st January 2026. Luke joined GSK in 2017 and is currently Chief Commercial Officer, with world-wide responsibility for medicines and vaccines1. He has been instrumental in building GSK’s…
Vection Technologies to acquire Australia’s DXLabs in all-scrip deal
PERTH: Australian technology firm Vection Technologies Ltd said on Monday it has agreed to acquire digital transformation company Digital Experience Labs Pty Ltd (DXLabs) in an all-scrip deal, aiming to strengthen its earnings and expand its footprint in the Asia-Pacific region. The acquisition, which is expected to close by Oct. 31, will add approximately A$3.5 million…
The invisible money machine: Unlocking realistic, recurring income in a saturated world
Feeling the squeeze? You’re not alone. Scroll through any social feed, and it’s a parade of “$10K Months” and “Passive Income King” claims. It’s enough to make anyone feel like they’ve been left behind, especially when you’re a new mom with naptime hustle, a 32-year-old facing a quarter-life crisis, or a 16-year-old just trying to get…
Zoth acquires Neemo Finance to bolster stableFi platform with liquid restaking
SINGAPORE: Blockchain infrastructure firm Zoth said on Tuesday it acquired Neemo Finance, a liquid restaking protocol, in a strategic move to integrate yield-generating services into its growing “StableFi” operating system. The acquisition, the terms of which were not disclosed, aims to enhance Zoth’s suite of financial products by adding Neemo’s technology for liquid restaking and…
Kuwait plans 14 GW power expansion by 2031 to meet soaring demand
KUWAIT CITY: Kuwait will add 14.05 gigawatts of electricity generation capacity by 2031, the energy minister said Saturday, as the Gulf state races to meet surging demand and avoid future power shortages. Subaih Al-Mukhaizim, minister of electricity, water and renewable energy, said the country successfully navigated the summer of 2025 despite extreme heat, with peak…
Pakistan Stock Exchange launches EOD market data product via Deutsche Börse
KARACHI: The Pakistan Stock Exchange (PSX) has launched its End-of-Day (EOD) Market Data Product on the Deutsche Börse Data Shop, marking a strategic step toward global data integration and commercial innovation. The initiative, developed in collaboration with Deutsche Börse AG—PSX’s exclusive international licensor and a leading provider of financial data services—aims to enhance the visibility…
Forget the fold, meet the flex: Samsung’s trifold phone may finally fix a major camera complaint
Leaked animations suggest the revolutionary Galaxy Z TriFold isn’t just changing the screen game—it’s poised to deliver a staggering 100x zoom, something Fold fans have been begging for. Get ready, tech enthusiasts. The smartphone landscape is about to get a lot more… folds. Samsung is reportedly prepping its most ambitious device yet: the Galaxy Z…
Dentalcorp to be acquired by by GTCR in C$3.3 billion deal
TORONTO: Dentalcorp Holdings Ltd., Canada’s largest network of dental practices, said on Thursday it has agreed to be acquired by private equity firm GTCR in a deal that values the company at about C$3.3 billion ($2.4 billion) including debt. Under the terms of the agreement, GTCR will pay C$11.00 in cash for each share of…
Ceres Power sees revenue dip but touts AI power demand and manufacturing milestones
Revenue for the six months to June 30 fell to £21.1 million ($27.3 million) from £28.5 million a year earlier LONDON: British clean energy technology firm Ceres Power Holdings plc (CWR.L) reported a 26% drop in first-half revenue on Friday, in line with expectations, but highlighted an “unprecedented” market opportunity driven by power-hungry AI data…