HERNING, DENMARK: Everfuel A/S has entered into a strategic collaboration with HyVC ApS (the Japanese consortium), a joint venture between ITOCHU Corporation and Osaka Gas Co., Ltd., with the ambition of accelerating development of green hydrogen production and sharing of related technology, know-how and best-practices. The agreement includes a commitment by the Japanese consortium to…
Incitec Pivot Limited appoints Mauro Neves as CEO and MD
SYDNEY, AUSTRALIA: Incitec Pivot Limited (ASX:IPL) announced that Mr Mauro Neves de Moraes has been appointed as Chief Executive Officer & Managing Director of IPL, following a comprehensive search process. Mauro will assume the CEO & Managing Director role effective 22 January 2024. Incitec Pivot LimitedChairman Mr Greg Robinson said: “We are very pleased to…
Altice USA may sell Cheddar News to Regent LP
Altice USA, the fourth-largest U.S. cable provider, is in talks to sell its financial news streaming service Cheddar News to a private equity firm, Regent LP, CNBC reported. The deal could be worth up to $50 million, depending on Cheddar’s future performance. Cheddar, which targets millennials, was acquired by Altice USA for $200 million in…
Marel appoints Arni Sigurdsson as Chief Executive Officer
AMSTERDAM: Marel today announced that Arni Sigurdsson has been appointed as Chief Executive Officer with immediate effect. Marel (NASDAQ: MAREL; AEX: MAREL) is a leading global provider of advanced food processing equipment, systems, software, and services to the poultry, meat and fish industries. Arni Sigurdsson took over the role of Chief Business Officer and Deputy…
HP’s RTX 4060 gaming PC: A beast of a machine for a bargain price
If you are a gamer looking for a new PC that can handle the latest and greatest games, you might want to check out HP’s RTX 4060 gaming PC. This is a powerful machine that offers a lot of bang for your buck, and it comes with some impressive features that will make your gaming…
Macy’s gets $5.8 billion takeover bid from Arkhouse and Brigade
Macy’s, the iconic American department store chain, is facing a potential buyout from a consortium of real estate and asset management firms. Arkhouse Management and Brigade Capital Management have offered to acquire Macy’s for $5.8 billion, or $21 per share, in a letter sent to the company’s board on Dec. 1. The Wall Street Journal…
Abrdn to reinvest £30m in UK investment trusts
Abrdn, the third-largest manager of investment trusts in the UK, announced that it will reinvest an amount equal to six months’ worth of management fees into all of its UK-listed investment companies. The move, which is subject to regulatory approval, will cover 17 trusts across equity, real estate and multi-asset classes, and is expected to…
TikTok invests $1.5bn in Tokopedia to revive e-commerce in Indonesia
TikTok, the social media giant, has announced a $1.5bn investment in Tokopedia, Indonesia’s largest e-commerce platform, in a bid to reopen its online shopping business in the country. The deal will merge TikTok’s popular Indonesian shop with Tokopedia, giving TikTok a 75% stake in the joint venture. The partnership, which will start with a pilot…
Lenovo Legion Go Review: A Powerful Handheld Gaming PC with Windows 11
If you are looking for a handheld gaming device that can run any Windows game or program, you might want to check out the Lenovo Legion Go. It is a new entrant in the handheld gaming market, competing with the likes of Steam Deck and Asus ROG Ally. It has a lot of impressive features,…
4DMedical signs deal to acquire Imbio for an initial $25 million
MELBOURNE, AUSTRALIA: Respiratory imaging technology company 4DMedical Limited has signed a binding agreement for the acquisition of Imbio, a U.S.-based medical technology company that uses artificial intelligence (AI) to turn standard-of-care CT scans into personalised medicine for transforming the way patients are diagnosed, treated, and managed. Imbio will be acquired for an upfront purchase price…
Pantera Minerals acquires Daytona Lithium in USA’s lithium brine hotspot
SYDNEY, AUSTRALIA: Pantera Minerals (ASX: PNA) has announced a major acquisition of Daytona Lithium, a company with a prime location in the USA’s lithium brine hotspot, Southwest Arkansas. The deal, worth A$0.05 per share, will give Pantera 100% ownership of Daytona’s 10,319 acres of lithium brine leases, as well as access to the expertise of…
Schibsted ASA to split into two companies, Tinius Trust to take over media business
OSLO, NORWAY: Schibsted ASA, the Norwegian media and online classifieds giant, has announced a major restructuring plan that will see its news media operations spun off into a separate company controlled by the Tinius Trust, the main shareholder of Schibsted. The trust, which was established by Schibsted heir Tinius Nagell-Erichsen in 1996 to safeguard the…