HONG KONG: Sagtec Global Limited (NASDAQ: SAGT), a leading provider of customizable software solutions, announced Thursday it has signed a term sheet to acquire Smart Bridge Technology Limited, a fast-growing agentic AI software company, for approximately $17.6 million. The proposed…
CONCORD: JDC Power Systems, a leading electrical systems integrator for the data center market, announced Thursday the appointment of John Raio as CEO, effective immediately. Raio brings over 25 years of leadership experience in critical infrastructure, most recently serving as CEO…
SUNTRX TEST FACILITY: Indra, Audi of America and Qualcomm Technologies, Inc. are collaborating on a joint project to develop next-generation toll payments using cellular vehicle-to-everything (C-V2X) technology. According to a statement, The initiative aims to reduce congestion, standardize payments nationwide and…
LONDON: Millions of British workers could retire with larger pension pots under government plans to double the number of U.K. pension “megafunds” by 2030, unlocking billions for domestic investment. Reforms set out in the upcoming Pension Schemes Bill will require multi-employer defined…
Xiaomi introduced its latest electric SUV in Beijing on Thursday, marking another step in the smartphone maker’s ambitious push into China’s competitive auto market. The YU7, positioned as a rival to Tesla’s popular Model Y, is now on display at 13 Xiaomi retail…
PARIS: TotalEnergies announced Wednesday that its subsidiary, TotalEnergies EP Nigeria Ltd., has agreed to sell its 12.5% non-operated interest in Nigeria’s OML118 Production Sharing Contract to Shell Nigeria Exploration and Production Company Ltd. for $510 million. The OML118 PSC, located about 120…
LONDON: Helium Ventures plc announced Tuesday a series of strategic moves, including a proposed name change to VaultZ Capital plc, a £1.2 million ($1.5 million) equity fundraise and plans to establish a Bitcoin treasury function. The company entered a non-binding…
SYDNEY: Xamble Group Limited (ASX:XGL), a prominent Southeast Asian influencer technology platform, has announced a strategic investment in B Infinite, one of Malaysia’s top lifestyle-based customer loyalty programs. The investment, made alongside a consortium led by 7-Eleven Malaysia, positions Xamble…
MILAN: Auto giant Stellantis appointed North American Chief Operating Officer Antonio Filosa as its new chief executive Wednesday, ending a monthslong search to fill the company’s leadership void. The multinational conglomerate, which owns brands including Jeep, Dodge, Fiat, Chrysler and…
EINDHOVEN: Signify (Euronext: LIGHT), the world’s leading lighting company, announced Wednesday that As Tempelman will become its new chief executive officer starting Sept. 1, pending his appointment to the Board of Management. Current CEO Željko Kosanović will remain interim leader…
LONDON: Playtech plc (LSE: PTEC), along with its subsidiaries (the “Playtech Group”), has announced a definitive agreement with NetX Betting Ltd., a subsidiary of Frankfurt-listed German operator pferdewetten.de AG, regarding the sale of its HAPPYBET business in Germany. The move…
LONDON: Seed, a London-listed company, said Thursday it has entered into non-binding heads of terms and an exclusivity agreement to acquire Spanish AI-driven imaging diagnostics firm Cuarta Dimension Medica SL (“4DM”). The proposed deal would see Seed issue new shares…