LONDON, UK: Saturn Resources Ltd, a wholly-owned subsidiary of ETC Holdings (Mauritius) Limited, reached agreement on the terms of a recommended cash acquisition of the entire issued and to be issued share capital of Shanta Gold Limited. Under the terms of the acquisition, Shanta shareholders (other than any member of the buyer group) will be…
Orica agrees to buy Terra for CAD 505 million
SYDNEY, AUSTRALIA: Orica, a global leader in mining and infrastructure solutions, has agreed to buy Terra, a Canadian company that offers advanced sensors and data technology for monitoring projects, for CAD$505 million. The deal, which is expected to close in the first half of 2024, will be funded by cash and debt, and will not…
Metals Australia Ltd appoints Paul Ferguson as Chief Executive Officer
SYDNEY, AUSTRALIA: Metals Australia Ltd (ASX: MLS) announced the appointment of Mr Paul Ferguson as Chief Executive Officer (CEO) to guide development of the company’s flagship Lac Rainy high-grade graphite project and advance its suite of highly-prospective battery metals exploration projects. Paul is a well-credentialed and highly experienced mining engineer and resource industry executive with…
How to Own a Brand New 1967 Shelby GT500 with Modern Features and Technology
Carroll Shelby was a legendary American automotive designer, racing driver, and entrepreneur who created some of the most iconic sports cars of the 20th century. His name is synonymous with performance, innovation, and passion. To commemorate his 100th birthday, Hi-Tech Automotive, a leading manufacturer of licensed replica cars, has announced a new project that pays…
Hildred Capital acquires Hello Bello, a premium baby and family care brand
Hildred Capital Management, a private equity firm that focuses on healthcare, has acquired Hello Bello, a brand that offers high-quality and affordable baby and family care products. The deal will strengthen Hello Bello’s financial and operational capabilities, as well as its distribution network, both online and in top retailers across the US. Hello Bello will…
How Turkish Airlines Will Boost Australia’s Travel Options to Europe
MELBOURNE: The Australian government has agreed to let Turkish Airlines fly more frequently to Australia, opening up more travel options to Europe for Australians. The Transport Minister, Catherine King, approved the deal before Christmas, which could lower the prices of flights to the Middle East and South-East Asia from 2024. Turkish Airlines was supposed to…
SimSpace raises $45M to scale up its cyber training platform
SimSpace, a startup that provides realistic cyber simulations for security teams, has secured $45 million in a funding round led by L2 Point Management. The company, which was bootstrapped until 2021, has now raised a total of $70 million. The investment comes as SimSpace is on track to reach its $50 million annual recurring revenue…
Apiiro and Wiz partner to deliver code-to-cloud application security
Apiiro, a leading ASPM platform, has announced its partnership with Wiz, a leading CNAPP provider, to join the WIN platform. This will enable mutual customers to leverage Apiiro’s deep code context and Wiz’s cloud context for better security finding correlation, prioritization, and remediation. The partnership will also allow customers to: The integration of Wiz and…
LTIMindtree and Microsoft join forces to launch AI-powered employee engagement apps
LTIMindtree, a global technology consulting and digital solutions company, has announced a strategic collaboration with Microsoft to launch a new suite of AI-powered employee engagement applications. The applications, part of LTIMindtree’s Canvas.AI platform, will leverage Microsoft Azure OpenAI Service and Azure Cognitive Search to provide a range of AI-led capabilities, such as content summarization, knowledge…
Quectel and Syrma SGS join hands to manufacture IoT modules in India
Quectel Wireless Solutions, a global IoT solutions provider, has announced a collaboration with Syrma SGS Technology Ltd, a leading electronic manufacturing services provider, to manufacture a range of IoT modules in India. The partnership aligns with the Make in India initiative, which aims to transform India into a global design and manufacturing hub. The collaboration…
JSX to buy 332 hybrid-electric planes for regional air service
JSX, the world’s only 5-star premium regional air carrier, has announced its plan to buy up to 332 hybrid-electric planes from three different manufacturers, aiming to lead the way in sustainable and accessible regional air travel. The company has signed Letters of Intent to acquire up to 82 Electra eSTOLs, 150 Aura Aero Eras, and…
Who are world’s richest women in 2023?
According to Forbes, the world’s richest women in 2023 are: Françoise Bettencourt Meyers, the L’Oréal heiress, with a net worth of $80.5 billion. Julia Koch, the widow of David Koch, who inherited a 42% stake in Koch Industries, with a net worth of $59 billion. Alice Walton, the daughter of Walmart founder Sam Walton, with…