TIRANA: Zenova Group PLC (AIM: ZED), a company specializing in fire suppression and temperature management solutions, has announced a joint venture with its local sub-distributor, AED Sh.p.K, to establish a new manufacturing facility in Albania. The move comes in response to growing demand for Zenova’s products in Albania and neighboring markets, following strong initial sales by AED….
EVE Health to acquire Nextract entering into $5.3bn erectile dysfunction market
SYDNEY: EVE Health Group (ASX: EVE) announced Monday it has agreed to acquire Australian biotech firm Nextract Pty Ltd, marking its entry into the $5.3 billion global erectile dysfunction market. The deal, valued at $3 million in equity, is part of EVE’s shift from natural wellness products into regulated pharmaceutical and nutraceutical markets. Nextract’s lead…
Honda plans to launch hybrid electric vehicles (HEVs) in Pakistan
KARACHI: Honda Atlas Cars has announced its intention to introduce Hybrid Electric Vehicle (HEV) models in Pakistan in the near future. The company formally disclosed this development in a notification submitted to the Pakistan Stock Exchange (PSX) on Friday. According to company officials, this initiative aligns with Honda’s global commitment to innovation, environmental sustainability, and providing advanced…
FBR Limited appoints Mark Pivac as new CEO
HIGH WYCOMBE: FBR Limited (ASX: FBR, OTCQB: FBRKF), a leader in robotic technology, announced today the appointment of Mark Pivac as its new Chief Executive Officer (CEO), effective 17 April 2025. The transition comes as part of a broader board restructuring aimed at streamlining operations and reducing costs. Mark Pivac, a co-founder of FBR and the inventor…
Piedmont Lithium and Sayona Mining announce Elevra Lithium
BELMONT: Piedmont Lithium Inc. (Nasdaq: PLL; ASX: PLL) and Sayona Mining Limited revealed plans Tuesday to rename their merged entity Elevra Lithium and announced nominees for the combined company’s board of directors. The merger, first proposed in November 2024, aims to create a leading global lithium business focused on supplying materials critical for electric vehicle…
OpenLearning acquires Employability Advantage
SYDNEY: OpenLearning Limited (ASX: OLL), an AI-powered learning management system, announced Friday it has acquired Employability Advantage, a provider of digital work-readiness programs, from Education Centre of Australia Pty Ltd (ECA Group) for a nominal fee of A$1. The acquisition includes Employability Advantage’s suite of tools under the Upskill brand, such as skills diagnostics, resume…
Tectonic Gold proposes acquisition of Godolphin Exploration
LONDON: Further to its announcement on 17 March 2025, Tectonic Gold plc (AQSE:TTAU), a metals exploration company, has entered into a conditional share purchase agreement (SPA) to acquire the entire issued and to be issued share capital of Godolphin Exploration Limited, a private exploration company focused on tin and copper in Devon and Cornwall, UK. Key Highlights…
Optima Health to acquire Ireland’s Cognate Health in €9 million deal
LONDON: Optima Health, a leading UK-based provider of corporate health and wellbeing solutions, announced Friday it has agreed to acquire Ireland’s Cognate Health Limited in a deal worth up to €9 million ($9.7 million). The acquisition marks Optima’s first expansion into the Republic of Ireland, adding approximately €7 million in annual revenue and €1 million in…
AI and cybersecurity pioneer Matt Kraning joins Menlo Ventures as partner
MENLO PARK: Menlo Ventures, a leading venture capital firm, announced Tuesday that Matt Kraning has joined as its newest partner. Kraning, a seasoned entrepreneur and technologist, will focus on investments in artificial intelligence, enterprise SaaS, national defense, and cybersecurity. Kraning previously co-founded and served as chief technology officer of Expanse, a cybersecurity company acquired by…
Atlantica Sustainable Infrastructure Ltd. acquires transmission line in Uruguay
MONTEVIDEO: Atlantica Sustainable Infrastructure Ltd. has officially acquired a 132-mile transmission line in Uruguay, further strengthening its footprint in the region. This transmission line, operational since 2019, is under a lease agreement with Uruguay’s state-run electricity company, UTE, until 2049. As part of this deal, UTE pays a fixed tariff in U.S. dollars, adjusted monthly for inflation….
Ransomware attacks hit historic high in Q1 2025
RICHMOND: Ransomware attacks surged to a record high in the first quarter of 2025, with victims increasing by 102% compared to the same period last year, according to a new report from cybersecurity firm GRIT. The quarterly GRIT report, released Wednesday, documented 2,063 ransomware victims in Q1, the highest number ever recorded. The findings also revealed a…
Waymo’s driverless fleet embarks on Tokyo data collection mission
Waymo, the self-driving technology company under Alphabet, is set to begin testing its driverless vehicles on public roads in Japan next week, marking its first international endeavor. The milestone “road trip” aims to collect data on Japanese driving nuances, such as left-hand traffic and dense urban navigation. Although Waymo has not confirmed plans to launch…