SYDNEY: Fortescue Ltd. (ASX: FMG) has acquired more than 90% of Red Hawk Mining Limited (ASX: RHK), paving the way for a compulsory acquisition of the remaining shares, Red Hawk announced on Wednesday. Through its wholly owned subsidiary, FMG Pilbara…
SYDNEY: ReNu Energy Limited (ASX: RNE) announced plans to acquire 100% of the issued share capital of Janus Electric Limited, a strategic acquisition that aims to position ReNu Energy as a leader in heavy transport electrification. The acquisition will be…
CALGARY: Kalina Power Limited (ASX: KPO) has unveiled a strategic partnership with Crusoe Energy to develop artificial intelligence (AI)-focused data centers co-located with Kalina’s Power-CCS (carbon capture and sequestration) plants in Alberta, Canada. The collaboration aims to address the growing…
SYDNEY: Australia’s central bank has reduced its interest rates for the first time in four years as inflationary pressures ease, though it cautioned against aggressive cuts. The Reserve Bank of Australia (RBA) lowered its cash rate by 0.25 percentage points…
ADELAIDE: Aerometrex Limited (ASX: AMX), a leading aerial mapping and 3D technology company, has announced the appointment of Mr. Robert Veitch as its Acting Chief Executive Officer, effective immediately. The appointment comes following the resignation of Mr. Steve Masters, who has…
SYDNEY: Propel Funeral Partners Limited (ASX: PFP) announced the execution of binding legal documentation to acquire two well-established funeral service providers in New Zealand, marking a significant expansion of its network into new regional markets. The acquisitions, which include related assets, infrastructure,…
PARIS: TotalEnergies has signed agreements with Air Liquide to develop two green hydrogen projects in the Netherlands, aligning with its 2030 goal to decarbonize the hydrogen used in its European refineries. The projects will produce and deliver approximately 45,000 tons of green…
LONDON: Alkemy Capital Investments plc (LSE: ALK) (JV2:FRA), the 100% owner of Tees Valley Lithium (TVL), has announced the appointment of Vikki Jeckell as Chief Executive Officer of TVL. In conjunction with this leadership transition, TVL has officially commenced its Front-End Engineering…
LONDON: Anglo American plc has entered into a definitive agreement to sell its nickel business to MMG Singapore Resources Pte. Ltd, a wholly owned subsidiary of MMG Limited (MMG) for a cash consideration of up to $500 million. The nickel business comprises…
LONDON: Predator Oil & Gas Holdings Plc, a Jersey-based oil and gas company, announced a transaction with Challenger Energy for the acquisition of its St Lucia-based subsidiary, Columbus Energy (St. Lucia) Limited. The subsidiary holds various entities representing all of Challenger…
SANTO DOMINGO: Arajet, the flagship airline of the Dominican Republic, has launched its United States operations with flights connecting the Dominican Republic to Miami and San Juan, Puerto Rico. New York flights are expected to commence soon. Tickets for flights…
International tourism nearly reached pre-pandemic levels between July and September 2024, hitting 99% of 2019 figures, according to a recent World Bank report. An estimated 447 million international tourists traveled globally during this period, marking a 7% increase from the…