Bureau Veritas, a global leader in Testing, Inspection, and Certification services (TIC), announces the acquisition of GeoAssay. This transaction cements Bureau Veritas’ position as the Metals & Minerals market leader in Chile, the world’s largest copper producer. Bureau Veritas’ Metals & Minerals…
LOS ANGELES: Fast-fashion retailer Forever 21 filed for Chapter 11 bankruptcy protection Sunday, marking its second bankruptcy filing in six years as the company struggles with declining mall traffic and fierce competition from online retailers. The U.S. operating company, which operates approximately…
LONDON: Beeks Financial Cloud Group plc (AIM: BKS), a cloud computing and connectivity provider for financial markets, is delighted to announce that it has signed a significant new Exchange Cloud contract with Kraken, one of the longest-standing, most liquid and…
LONDON: Harmony Energy Income Trust plc (HEIT) announced Monday that its board has agreed in principle to financial terms proposed by Foresight Group LLP for a potential acquisition of HEIT’s entire share capital. Under the proposed agreement, HEIT shareholders would receive 84…
LONDON: AstraZeneca has entered into a definitive agreement to acquire EsoBiotec, a biotechnology company pioneering in vivo cell therapies that has demonstrated promising early clinical activity. The EsoBiotec Engineered NanoBody Lentiviral (ENaBL) platform empowers the immune system to attack cancers and could…
SYDNEY: archTIS Limited (ASX:AR9) announced the acquisition of Direktiv’s technology assets, workforce, and customer base. The acquisition is valued at $750,000, to be paid in three installments over 12 months. This integration will enable archTIS to incorporate Direktiv’s attribute-based access…
SYDNEY: DigiCo Infrastructure REIT (ASX: DGT), a diversified owner, operator, and developer of data centres, is exploring opportunities to accelerate growth through capital partnerships. The company aims to introduce capital partners to its U.S. operations and Australian colocation assets, targeting leveraged…
Central Bank Digital Currencies (CBDCs) are gaining significant attention worldwide, with many central banks exploring their potential. As of late 2023, 94% of 86 surveyed central banks are actively researching CBDCs, and three countries—The Bahamas, Nigeria, and Jamaica—have already issued…
China Eastern Airlines (CEA) just announced the launch of a new direct route between Shanghai Pudong and Abu Dhabi. The service, set to commence on April 28, will make CEA the first Chinese airline to connect the two cities. The flights…
LONDON: bd-capital, the pan-European, operator-led investment firm, has announced the final closing of its second fund, bd-capital Fund 2 (“Fund 2”), at €430 million. The fund exceeded its target of €350 million by more than 20% after less than twelve months…
LONDON: The United Kingdom’s economy unexpectedly contracted by 0.1% month-on-month in January, according to official figures released on Friday. The Office for National Statistics (ONS) attributed the decline primarily to a contraction in the production sector. Economists polled by Reuters had…
Completion of Acquisition of The Life Network from Media Chain Group LimitedLONDON: Digitalbox plc (AIM: DBOX), the mobile-first digital media business has exchanged contracts to acquire the digital assets of The Life Network from Media Chain Group Limited for a total consideration…