Geogentia, a leader in geospatial intelligence and big data, has announced the launch of In:SITE, a service that can enhance the security of correctional facilities and other high-security areas by detecting contraband devices. In:SITE is a breakthrough in the field of contraband detection, as it can identify the presence of unauthorized mobile devices, such as…
CTC Global secures strategic investment from Endeavour and Greenbelt
CTC Global, a leader in advanced conductor technology, has received a strategic investment from Endeavour Capital and Greenbelt Capital Partners to accelerate the growth of its products that enhance grid efficiency and reduce emissions. The Irvine, CA-based company specializes in engineering and manufacturing advanced conductor cores for high-voltage transmission cables. Its flagship products, ACCC Conductor…
Barter Trade: A System Without Money
Barter, the act of exchanging goods or services directly without using a medium of exchange like money, is considered the oldest form of commerce. While largely replaced by monetary systems, barter still exists in various forms and contexts. Here’s an overview with references to reputable publications: Definition and History: Modern Applications: Limitations and Alternatives: While…
Coinsilium showcases its Web3 investment portfolio and future plans
LONDON, UK: Coinsilium Group Limited, a leading Web3 investor, advisor and venture builder, has released its latest investor presentation on its website and YouTube channel. The presentation covers the company’s investment and advisory activities in the Web3 space, as well as its vision and strategy for the future. Web3 is a term that refers to…
Believe S.A. to go private in €15 per share deal with TCV, EQT and founder Denis Ladegaillerie
PARIS, FRANCE: Believe S.A., a leading digital music company that helps independent artists and labels distribute and monetize their music online, has agreed to sell its majority stake to a consortium of funds managed by TCV and EQT, and its founder Denis Ladegaillerie, who will launch a tender offer for the remaining shares. The consortium…
ASM International announces Hichem M’Saad as new CEO
AMSTERDAM: ASM International N.V. (Euronext Amsterdam: ASM), a leading supplier of wafer processing equipment, today announced that its CEO Benjamin Loh will retire and be succeeded by Hichem M’Saad, the current CTO and Management Board member. Loh, who joined ASM as CEO in 2020, will step down as per the Annual General Meeting (AGM) of…
Anglo American and Finnish Minerals Group to explore battery value chain opportunities
LONDON, UK: Anglo American and Finnish Minerals Group have signed a memorandum of understanding (“MOU”) to work together to explore opportunities to further support Finland’s battery strategy. Finnish Minerals Group is a holding and development company that manages the Finnish Government’s mining industry shareholdings and supports the development of the Finnish battery value chain. Alison…
ADNOC Gas reports strong financial results and growth investments in 2023
ABU DHABI, UAE: ADNOC Gas, a world-class integrated gas processing company, announced its consolidated financial results for Q4 2023 and FY 2023, showing a strong performance driven by volume growth and a positive pricing environment. The Company’s Q4 2023 revenue increased by 7% year-on-year to $6.3 billion, processed volumes rose to 912 TBTU, enough to…
Invictus Investment reports record revenue and expands to 10 new markets in 2023
ABU DHABI, UAE: Invictus Investment Company PLC (ADX: INVICTUS), a leading agro-food enterprise in the Middle East, Africa and Asia, announced its financial results for the 12 months ended December 31, 2023, with a revenue growth of 35% year-on-year to AED 8.1 billion – its highest annual revenue as a listed company. The company also…
Sirius Real Estate acquires two more business parks in Germany for €40 million
LONDON, UK: Sirius Real Estate, the leading owner and operator of branded business and industrial parks providing conventional space and flexible workspace in Germany and the U.K., has announced the acquisitions of two business parks, one in Köln (Cologne) and the other in Göppingen, for a total acquisition cost of approximately €40 million (£34 million)….
Bluejay Mining cuts costs, raises funds and appoints new senior geologist
LONDON, UK: Bluejay Mining plc, a leading exploration and development company with projects in Greenland and Finland, has announced a series of strategic measures to improve its financial and operational performance. The company has reduced its workforce by 80%, lowered its director costs by 70%, and achieved other cost synergies, resulting in an annual saving…
ValiRx partners with Dundee to explore novel cancer drugs
LONDON, UK: ValiRx plc, a company developing early-stage cancer therapeutics and women’s health products, has signed a five-year agreement with the University of Dundee and its Drug Discovery Unit (DDU) to access their research on new potential drugs. The first project under the agreement will focus on pro-senescence, a novel approach that aims to make…