LONDON: The latest exchange rates for GBP against major currencies such as USD, EUR, JPY, AUD and more. Stay up-to-date on the latest fluctuations and trends in the GBP-exchange market. According to www.exchangerates.org.uk: GBP-EUR 1.1741 Pounds to Euros GBP-USD 1.2744 Pounds to Dollars GBP-NZD 2.142 Pounds to New Zealand Dollars GBP-AUD 1.9805 Pounds to Australian…
APA Group acquires Alinta Energy Pilbara for A$1.7 billion
SYDNEY, AUSTRALIA: APA Group (ASX:APA), a leading Australian energy infrastructure business, has announced that it has entered into a Share Sale Agreement with Alinta Power Cat Pty Ltd and Alinta Energy Development Pty Ltd to acquire 100% of Alinta Energy Pilbara Holdings Pty Ltd and Alinta Energy (Newman Storage) Pty Ltd (Alinta Energy Pilbara) for…
Sequoia Financial completes acquisition of Castle Corporate and Castle Legal
SYDNEY, AUSTRALIA: Sequoia Financial Group Limited (ASX: SEQ), a diversified financial services company, has announced that it has completed the acquisition of Castle Corporate Pty Ltd and Castle Legal Pty Ltd (Castle), a leading provider of legal and corporate services, as of 21 August 2023. The acquisition was first announced on 11 July 2023. The…
Wynnstay Group appoints new Group Finance Director
LONDON, UK: Wynnstay Group plc, the agricultural and specialist merchanting group, has announced the appointment of Rob Thomas as its new Group Finance Director, following the retirement of Paul Roberts. Rob Thomas will join the Group on 2 October 2023 and take over the role on 2 January 2024. Paul Roberts will remain with the…
BiVictriX Therapeutics gets US Patent providing broad protection for BVX001
ALDERLEY PARK, LONDON: BiVictriX Therapeutics plc (AIM: BVX), an emerging biotechnology company applying a differentiated approach to develop next-generation cancer therapies with substantially improved cancer cell selectivity and anti-cancer activity, announces that the United States Patent and Trademark Office (USPTO) has granted a patent providing broad protection for the company’s lead asset, BVX001. The claims…
Graft Polymer signs manufacturing services agreement in Israel
LONDON, UK: Graft Polymer (UK) plc announced the signing of a manufacturing service agreement with a prominent partner in the Israeli pharma market, including GPL acting as a lead contract manufacturing organization (‘CMO’). Under the agreement, Graft Polymer is to provide manufacturing services from its GraftBio production facility in Slovenia, which is now fully operational….
Ofgem fines Morgan Stanley for failure to record and retain electronic trading communications
LONDON, UK: Ofgem has levied a fine of £5.41 million on Morgan Stanley & Co. International plc (MSIP) for not recording and retaining electronic communications between January 2018 and March 2020. These communications were made by wholesale energy traders, on privately-owned phones via WhatsApp, which discussed energy market transactions. It is the first-ever fine issued…
IBM to sell weather business to Francisco Partners in streamlining move
International Business Machines (IBM) has entered into an agreement to divest its weather business to private equity firm Francisco Partners, as disclosed by the technology services giant on Tuesday. The financial terms of the transaction remain undisclosed. This transaction encompasses The Weather Company’s consumer-centric assets, including Weather.com and Storm Radar, in addition to enterprise solutions…
S&P cuts ratings of five regional US banks amid tough lending environment
The credit ratings of five regional US banks have been lowered by S&P Global Ratings, as the agency warned of the challenges facing the sector in the wake of the Silicon Valley Bank collapse earlier this year. S&P downgraded KeyCorp, Comerica Inc., Valley National Bancorp, UMB Financial Corp. and Associated Banc-Corp by one notch each on Monday,…
Telenor hires Google Cloud executive as CTO to boost AI capabilities
Telenor has appointed Amol Phadke, a former Google Cloud executive, as its new Chief Technology Officer (CTO) to strengthen its artificial intelligence (AI) activities, the Norwegian telecoms firm said on Tuesday. Phadke, who led Google Cloud’s telecom business, will help Telenor use AI to make its operations more efficient, develop new products and increase energy efficiency, Telenor…
Microsoft sells Activision streaming rights to Ubisoft to win UK approval for $69 billion deal
Microsoft has agreed to sell the cloud streaming rights for Activision Blizzard’s games to Ubisoft Entertainment, in a bid to overcome the British regulator’s opposition to its $69 billion takeover of the “Call of Duty” maker. The Competition and Markets Authority (CMA) had blocked the deal, which was announced in early 2022, over concerns that Microsoft would dominate…
TotalEnergies acquires a 40% interest in a CO2 storage exploration license
PARIS, FRANCE: TotalEnergies has signed an agreement with CapeOmega Carbon Storage AS, a wholly owned subsidiary of CapeOmega AS, to acquire the 40% participating interest held by CapeOmega in the CO2 storage exploration license ExL004 (the “Luna” project). Located 120 km offshore Bergen in 200 m water depth, ExL004 covers an area of 453 sq.km….