ADELAIDE: Aerometrex Limited (ASX: AMX), a leading aerial mapping and 3D technology company, has announced the appointment of Mr. Robert Veitch as its Acting Chief Executive Officer, effective immediately. The appointment comes following the resignation of Mr. Steve Masters, who has stepped down to pursue other opportunities. Mr. Veitch, who previously served as the General Manager…
Propel Funeral Partners acquires Twentymans Funeral Services and Thames Crematory in New Zealand
SYDNEY: Propel Funeral Partners Limited (ASX: PFP) announced the execution of binding legal documentation to acquire two well-established funeral service providers in New Zealand, marking a significant expansion of its network into new regional markets. The acquisitions, which include related assets, infrastructure, and real estate such as three cremation facilities, total approximately A$7.3 million. This strategic move…
TotalEnergies and Air Liquide partner to develop green hydrogen projects in the Netherlands
PARIS: TotalEnergies has signed agreements with Air Liquide to develop two green hydrogen projects in the Netherlands, aligning with its 2030 goal to decarbonize the hydrogen used in its European refineries. The projects will produce and deliver approximately 45,000 tons of green hydrogen annually, using renewable power generated primarily by the OranjeWind offshore wind farm, a joint…
Vikki Jeckell appointed as CEO of Tees Valley Lithium
LONDON: Alkemy Capital Investments plc (LSE: ALK) (JV2:FRA), the 100% owner of Tees Valley Lithium (TVL), has announced the appointment of Vikki Jeckell as Chief Executive Officer of TVL. In conjunction with this leadership transition, TVL has officially commenced its Front-End Engineering Design (FEED) study, marking a crucial milestone in the development of its lithium hydroxide refinery…
Anglo American agrees sale of nickel business for up to $500 million to MMG Singapore
LONDON: Anglo American plc has entered into a definitive agreement to sell its nickel business to MMG Singapore Resources Pte. Ltd, a wholly owned subsidiary of MMG Limited (MMG) for a cash consideration of up to $500 million. The nickel business comprises two ferronickel operations in Brazil – Barro Alto and Codemin – and two high quality…
Predator Oil & Gas acquires Challenger Energy’s subsidiary Columbus Energy St. Lucia
LONDON: Predator Oil & Gas Holdings Plc, a Jersey-based oil and gas company, announced a transaction with Challenger Energy for the acquisition of its St Lucia-based subsidiary, Columbus Energy (St. Lucia) Limited. The subsidiary holds various entities representing all of Challenger Energy’s business, producing assets, and operations in Trinidad and Tobago. Caribbean Rex Limited (CRL), 51%…
Arajet launches U.S. operations with flights to San Juan and Miami
SANTO DOMINGO: Arajet, the flagship airline of the Dominican Republic, has launched its United States operations with flights connecting the Dominican Republic to Miami and San Juan, Puerto Rico. New York flights are expected to commence soon. Tickets for flights to 25 destinations are now available, with one-way fares starting at $84. The airline will…
Global tourism nears pre-pandemic levels
International tourism nearly reached pre-pandemic levels between July and September 2024, hitting 99% of 2019 figures, according to a recent World Bank report. An estimated 447 million international tourists traveled globally during this period, marking a 7% increase from the same period in 2023. Despite this growth, the pace slowed compared to earlier quarters of…
Eurobank and LTIMindtree launch global delivery center in India
ATHENS: Eurobank S.A., a subsidiary of Eurobank Ergasias Services and Holdings S.A., has announced a multi-year partnership with global technology consulting and digital solutions company LTIMindtree. The collaboration aims to enhance customer experience by improving banking operations and developing innovative IT services for Eurobank and its subsidiaries. Facilitated by Fairfax Digital Services, the partnership includes…
Travelers Europe appoints Mike Lawton as Chief Operating Officer
LONDON: Travelers Europe announced today that Mike Lawton has been appointed Chief Operating Officer. Lawton will report to Matthew Wilson, Chief Executive Officer of Travelers Europe, and will oversee the day-to-day business operations and the implementation of the company’s strategy. “Mike has been an invaluable member of our leadership team for many years,” said Wilson….
EQVA ASA to acquire 100% of IMTAS Group shares
OSLO: EQVA ASA has announced an agreement to purchase 100% of shares in IMTAS AS and its subsidiaries, excluding IMTAS Eiendom AS. The acquisition, conducted by EQVA’s wholly-owned subsidiary Eqva Industrial Solutions AS (EIS), aims to enhance EQVA’s service offerings and market position, increasing revenue by approximately 30%. The transaction, valued at NOK 190 million…
KKR submits proposal of £1.6 billion to acquire Assura share capital
LONDON: Kohlberg Kravis Roberts & Co. L.P. (KKR) has confirmed that it submitted its fourth non-binding proposal to the board of Assura, offering a potential cash deal for the company’s entire issued and to be issued share capital. The latest proposal, which was sent on February 13, 2025, values Assura shares at 48.0 pence each,…