SYDNEY, AUSTRALIA: Syrah Resources Limited (ASX:SYR), an Australian company that produces natural graphite, has announced that it has signed a memorandum of understanding (MOU) with Samsung SDI Co., Ltd., a South Korean company that manufactures lithium-ion batteries, to evaluate the supply of graphite active anode material (AAM) from Syrah’s facility in Louisiana, USA. The MOU…
Catapult launches new video solutions for American football coaches
SYDNEY, AUSTRALIA: Catapult Group International Limited (ASX:CAT), the global leader in performance technology for elite sports, has announced the release of two new video solutions for American football coaches for the upcoming NFL and NCAA seasons. The Catapult Hub and the Scout App are designed to help coaches create and share video-based content and insights,…
Locate2u secures two major contracts for its delivery management software
SYDNEY, AUSTRALIA: Locate2u, a software platform that helps delivery and service businesses improve their efficiency and customer experience, has announced that it has signed two major contracts with Western Australia Return Recycle Renew Limited (WARRRL) and Couriers By Demand Pty Ltd (CBD). The contracts will provide Locate2u with combined incremental annual revenue of about $260,000,…
Perpetual Resources expands its lithium footprint in Brazil
SYDNEY, AUSTRALIA: Perpetual Resources Limited (ASX: PEC), a silica and sand products developer, has announced that it has signed an additional option agreement to acquire three more lithium exploration permits in Brazil. The deal follows the previous option agreement for four lithium permits in the same region, which was announced on 21 July 2023. The…
TPG Capital Asia to buy InvoCare for $1.8 billion in cash
SYDNEY, AUSTRALIA: TPG Capital Asia, a private equity firm, has agreed to buy InvoCare Limited, the largest funeral services provider in Australia, New Zealand and Singapore, for $1.8 billion in cash. The deal was announced on 9 August 2023, after months of negotiations. Under the scheme of arrangement, InvoCare shareholders will receive $12.70 per share…
Global Ports Holding wins 30-year concession for Saint Lucia cruise port
LONDON, UK: Global Ports Holding Plc (GPH), the world’s largest independent cruise port operator, has announced that it has signed a 30-year concession, with a potential 10-year extension option, with the Government of Saint Lucia for the cruise related operations in Saint Lucia. The agreement marks a further significant step in GPH’s strategic ambitions in…
ABN AMRO posts strong Q2 profit of EUR 870 million amid higher interest rates
AMSTERDAM: ABN AMRO, a Dutch bank, has reported a net profit of EUR 870 million for the second quarter of 2023, up from EUR 393 million in the same period last year. The bank’s return on equity (ROE) was over 16%, reflecting high net interest income (NII) and impairment releases. All client units contributed with…
Volex becomes a licensed partner of Tesla for NACS EV charging system
LONDON, UK: Volex plc, a leading manufacturer of critical power and data transmission products, has announced that it is a licensed partner of Tesla for the North American Charging Standard (NACS) EV charging system. Volex is one of the selected global manufacturers of the authentic NACS coupler, which is compatible with Tesla’s Supercharger network and…
Tritax EuroBox sells German logistics asset for €64.6m
LONDON, UK: Tritax EuroBox plc, a UK-based real estate investment trust that focuses on continental European logistics properties, has announced the sale of its warehouse asset in Hammersbach, Germany, for €64.6 million to a leading pan-European real estate investment manager. The sale price is in line with the valuation as at 31 March 2023. The…
Newbury Racecourse CEO Julian Thick to step down in March 2024
LONDON, UK: Newbury Racecourse PLC has announced that its Chief Executive, Julian Thick, will be leaving his position in March 2024 after more than a decade of service. Thick has agreed to stay until then to help with the transition and the search for a new leader. Thick joined Newbury Racecourse as Chief Executive in…
Hikma appoints new President of Injectables business
LONDON, UK: Hikma Pharmaceuticals PLC and its subsidiaries announcd that Dr. Bill Larkins has been appointed President of its Injectables business, effective 1 September 2023. Bill will be based in the US and report to Riad Mishlawi in his new role as Hikma’s Chief Executive Officer. Bill has extensive experience in the sterile injectable generic…
Exchange rates for GBP against major currencies on August 9, 2023
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 1.1625 Pounds to Euros GBP-USD 1.276 Pounds to Dollars GBP-NZD 2.1002 Pounds to New Zealand Dollars GBP-AUD 1.9464 Pounds to Australian…