Maximus (NYSE: MMS), a global provider of government services, has announced a new leadership team for its federal growth strategy. The company has reorganized its federal business into three verticals: Civilian, Health, and Defense. Each vertical will be led by an Executive Managing Director (EMD) with extensive experience in the government contracting market. The new…
OnePlus 12 and 12R: Flagship phones for less
OnePlus is known for making flagship phones at affordable prices, and the latest OnePlus 12 and 12R are no exception. These phones were launched in December, but they are finally coming to the US and Canada in February. Here’s what you need to know about them. OnePlus Fold rumored to feature massive 7.8-inch display and…
Samsung launches the 990 EVO SSD with PCIe 5.0 support
Samsung has just unveiled its latest solid state drive (SSD) for mainstream consumers, the 990 EVO. This is the first new mid-range SSD from the company since 2019, when it released the 970 EVO Plus. The 990 EVO boasts impressive speeds, power efficiency, and compatibility with the upcoming PCIe 5.0 standard. What are the specs…
Xtract to sell Manica Gold Project for up to $18.325 million
LONDON, UK: Xtract Resources Plc has agreed to sell its entire interests in the Manica Gold Project in Mozambique to its local partner MMP and related parties. The deal includes Xtract’s 23% net profit share interest in the project, which will fetch up to US$15 million in cash over four years, and the termination of…
Logitech launches new flexible camera for content creators and educators
Logitech, a leading provider of computer peripherals and software, has announced that its innovative Logitech Reach camera is now available to order after a successful crowdfunding campaign on Indiegogo. The camera, which features a flexible arm and a high-quality StreamCam, allows users to easily share non-digital content during presentations, classes, conference calls, and streaming sessions….
Rio Tinto to drive development of Australia’s largest solar farm at Gladstone
MELBOURNE, AUSTRALIA: Rio Tinto will drive development of Australia’s largest solar power project near Gladstone, after agreeing to buy all electricity from the 1.1GW Upper Calliope Solar Farm to provide renewable power to Rio Tinto’s Gladstone operations. The agreement will bring more renewable power into one of Australia’s most important industrial hubs and marks another…
JPMorgan to merge two investment trusts in a £71 million deal
LONDON, UK: JPMorgan Multi-Asset Growth & Income plc (MATE) and JPMorgan Global Growth & Income plc (JGGI) have agreed to combine their assets in a scheme of reconstruction that will result in the liquidation of MATE and the issuance of new JGGI shares to MATE shareholders. The deal, which is subject to shareholder approval, will…
Equals Group plc in talks with potential buyer, deadline extended
Equals Group plc, a leading provider of banking and international payments services, is exploring strategic options that could lead to a takeover by Madison Dearborn Partners LLC, a private equity firm. The company announced the review of its strategic options on 1 November 2023, and said that it was in contact with a limited number…
ASML Holding NV reports strong growth in 2023, expects similar sales in 2024
AMSTERDAM: ASML Holding NV, the world’s leading supplier of lithography systems for the semiconductor industry, announced its 2023 fourth-quarter and full-year results today. The company achieved a 30% growth in net sales, reaching €27.6 billion for the year, with a gross margin of 51.3%. The fourth quarter alone saw net sales of €7.2 billion, gross…
Tesla Plans to Launch a New Mass Market EV in 2025
Tesla, the electric vehicle (EV) pioneer, is gearing up to introduce a new mass market EV codenamed “Redwood” in mid-2025, Reuters reported. The new model is expected to be a compact crossover, one of the most popular segments in the global car market. Tesla’s CEO Elon Musk has been teasing fans and investors with the…
UBS announces leadership changes in Asset Management and Sustainability
UBS (NYSE:UBS) has announced that Suni Harford, President Asset Management and GEB Lead for Sustainability and Impact, will retire from the firm on 1 March 2024. She will be succeeded by Aleksandar Ivanovic and Beatriz Martin Jimenez, respectively. Aleksandar Ivanovic, currently Head of Client Coverage and Head of the EMEA and Switzerland regions for Asset…
BenevolentAI appoints Dr. Joerg Moeller as new CEO
BenevolentAI, a leading AI-powered biopharma company, announced today that Dr. Joerg Moeller, a veteran in the pharmaceutical industry, has joined the company as its new CEO and Executive Board member. Dr. Joerg Moeller has over 20 years of experience in leading global R&D organisations and driving innovation and value creation. He has also been involved…