COPENHAGEN: Danish energy company Ørsted has completed the sale of a 24.5% stake in the West of Duddon Sands Offshore Wind Farm to Schroders Greencoat for £456.1 million (approximately DKK 4 billion). The transaction, part of Ørsted’s partnership and divestment…
LONDON: Aquila European Renewables plc (AERI), a London-listed investment company advised by Aquila Capital Investmentgesellschaft mbH, has announced the sale of its 18% stake in the Portuguese hydropower asset Sagres. The sale comes as part of the company’s ongoing managed…
Tow4Tech, a pioneering SaaS-based platform aimed at modernizing the commercial-fleet towing industry, has secured $1.5 million in pre-seed funding. The investment round was led by BrightCap Ventures, an early-stage venture capital firm headquartered in Sofia, Bulgaria, an emerging technology hub in Europe….
NEW DELHI: Amazon unveiled the latest edition of its Kindle Paperwhite in India on Wednesday, boasting faster performance and enhanced display features. The U.S.-based tech giant claims the new Kindle Paperwhite offers 25% quicker page turns, improving the reading experience. The device features a…
LONDON: Britain’s energy regulator, Ofgem, has announced a sweeping new regulatory framework aimed at revolutionizing local electricity networks as part of the nation’s transition to clean power. The blueprint, unveiled Wednesday, sets the stage for a five-year funding period beginning…
LONDON: Bunzl plc, the specialist international distribution and services Group, today announces that it has signed an agreement to acquire a business in Chile and has completed the acquisition of a business in the Netherlands. Bunzl has entered into an…
LONDON: RTW Biotech Opportunities Ltd , the London Stock Exchange-listed investment company focused on identifying transformative assets with high growth potential across the life sciences sector, announcement by one of its portfolio companies, Jade Biosciences (“Jade”), of the closing of its…
STOCKHOLM: The Board of Directors of Qben Infra AB has appointed Fredrik Arpe as interim CEO, effective today. He succeeds Leif Chr. Salomonsen, who is leaving his position. Fredrik Arpe has been a Member of the Board of Directors of Qben Infra…
PARIS: Earnix, a leading provider of Dynamic AI solutions for the insurance industry, announced Tuesday that it has signed a definitive agreement to acquire Zelros, a pioneer in generative AI for insurers and banks. The acquisition will integrate Zelros’s generative AI…
HERZOGENAURACH: Sportswear giant Adidas said Tuesday that U.S. tariffs imposed by the Biden administration will lead to higher prices for all its products in the American market, though the company has yet to determine the exact increase. Despite a sharp…
LONDON: Westpac has announced the appointment of Carolyn McCann as Acting Chief Executive, Consumer, effective 12 May 2025. Ms McCann is Group Executive, Customer & Corporate Services and will be seconded to lead the Consumer division while an external search is underway…
LONDON: Entain plc (LSE: ENT), the global sports betting and gaming group, announces that Stella David has been appointed as permanent Chief Executive Officer (“CEO”), effective immediately. Pierre Bouchut, Interim Chair of Entain, said: “The Board is delighted to have…