LONDON, UK: 88 Energy Limited, an oil and gas exploration and production company, has announced the acquisition of a new non-operated working interest in leases and wells in the Permian Basin of Texas, U.S. The new assets, known as Bighorn Phase 3, are adjacent to the company’s existing Project Longhorn assets, which were acquired in…
Everyman Media has purchased two Tivoli cinemas in Bath and Cheltenham
LONDON, UK: Everyman Media Group has purchased two Tivoli cinemas in Bath and Cheltenham. Everyman will take over operation of the venues with immediate effect. The cinemas were formerly owned and operated by Empire. Alex Scrimgeour, Chief Executive Officer of Everyman Media Group Plc, said: “We are delighted to announce the acquisition of these cinemas…
Barkby and Meadow JV buys Stoke roadside asset for £5.28m
LONDON, UK: Barkby, the roadside real estate business, has announced the first acquisition of its joint venture with Meadow Partners LLP, a property investment firm. The JV has bought a site in Stoke for £5.28 million, which was previously owned by Meadow at cost. The site has four units, let to Costa Drive Thru, TGI…
Leeds Group to sell Hemmers-Itex Textil Import Export GmbH
LONDON, UK: Leeds Group plc has conditionally agreed to sell the entire issued share capital of its subsidiary, Hemmers-Itex Textil Import Export GmbH (Hemmers), to a subsidiary of Nooteboom Bidco B.V. for a cash consideration of approximately £657,000. The consideration is based on the net assets of Hemmers as at 30 November 2023, excluding properties,…
RMA acquires Rone Engineering, expands presence in Texas
RMA Companies, a national provider of geotechnical engineering, environmental consulting, and construction materials testing services, announced today that it has acquired Rone Engineering, a leading firm based in Dallas, Texas. Rone Engineering has over 50 years of experience in delivering quality and practical solutions for public and private clients in various sectors, including transportation, public…
Intel launches new AI chips to challenge Nvidia and AMD
Intel announced a new lineup of computer chips on Thursday, including Gaudi3, a chip designed for generative AI software. Gaudi3 will compete with Nvidia and AMD’s chips that power large and complex AI models, such as OpenAI’s ChatGPT. Intel CEO Pat Gelsinger said at a launch event in New York that generative AI was the…
Kyivstar recovers from cyber-attack and restores network services
AMSTERDAM: Kyivstar, the Ukrainian subsidiary of VEON Ltd., a global digital operator, announced on Wednesday that it is restoring connectivity on its networks after a massive cyber-attack on Tuesday. The attack caused a service outage that affected millions of customers. The company said that more than 90% of its mobile base stations are now operational,…
SALUS Technologies raises $8 million to improve safety in construction and other industries
VANCOUVER: SALUS Technologies, a software company based in Vancouver, has secured $8 million in a Series A funding round from New York investors. The company develops safety management software that helps field workers and safety professionals comply with regulations and reduce risks in their daily operations. The new funding will enable SALUS to enhance its…
SOAR Texas Scholarship: A $100K Opportunity for First-Generation Female Students
LOAR PLLC, a woman-owned law firm serving all Texans, has launched the SOAR Texas Scholarship, a nonprofit foundation that awards $100K in annual college scholarships to 20 outstanding first-generation female students who are passionate about making a difference in the world, a statement noted. The SOAR program supports women who have overcome significant challenges and…
HOLT Truck Centers opens new facility in Wichita Falls
TEXAS: HOLT Truck Centers, a leading dealer of International and Idealease trucks, trailers, and busses, has opened a new facility in Wichita Falls, Texas. This is the 15th location for the company, which also operates in Oklahoma and East Texas. The new facility will offer full-service, rebuilds, and parts for all makes and models of…
Chris Raymond names President and CEO of Boeing Global Services
Boeing has appointed Chris Raymond as the new president and CEO of Boeing Global Services (BGS), the company’s aerospace services business that had $17.6 billion in revenue in 2022. Raymond will replace Stephanie Pope, who will become Boeing’s chief operating officer from Jan. 1, 2024. Raymond will report to Pope and remain on the company’s…
Cleo acquires ECS to boost its ecosystem integration platform in Europe
AMSTERDAM: Cleo, a leading provider of ecosystem integration software, has announced the acquisition of its long-time partner ECS International, a cloud technology company based in the Netherlands. The deal, whose terms were not disclosed, will enable Cleo to offer its Cleo Integration Cloud (CIC) platform to hundreds of existing and new customers in Europe, especially…