SYDNEY, AUSTRALIA: Elders Limited (ASX:ELD) has acquired the assets of the Charles Stewart Group, a livestock and real estate agency business based in south-west Victoria. Charles Stewart was established in 1917 and has been managed by four generations of the Stewart family over its 106 year history. Like Elders, the Charles Stewart business is built…
Bristol Myers Squibb Announces CEO Transition and New Board Chair
NEW YORK: Bristol Myers Squibb (NYSE: BMY) today announced that its Board of Directors has unanimously elected Christopher Boerner, Ph.D., to serve as Chair of the Board, effective April 1, 2024. He succeeds Giovanni Caforio, M.D., who will step down as Chair of the Board on April 1, 2024 and retire from the company after…
Peak Energy Welcomes New CEO and COO from TotalEnergies
NEW YORK: Peak Energy Investments Ltd. has welcomed Gavin Adda as its new Chief Executive Officer and Geoffrey Jahnke as its new Chief Operating Officer, starting from November 1, 2023. They both come from TotalEnergies (NYSE: TTE) Renewables Asia, where Gavin was the CEO and Geoffrey was the COO / CFO. Peak Energy was established…
AWS Launches EC2 Capacity Blocks for ML, Providing Predictable Access to GPU Compute Capacity for Generative AI Workloads
SEATTLE: AWS has launched EC2 Capacity Blocks for ML, a new way for customers to access GPU compute capacity for generative AI workloads. EC2 Capacity Blocks allow customers to reserve hundreds of NVIDIA GPUs collocated in Amazon EC2 UltraClusters for a duration between one to 14 days, at a future start date up to eight…
Jabil acquires Intel’s Silicon Photonics Connector Business
Jabil, a global manufacturing services company, has agreed to buy Intel’s silicon photonics connector business for an undisclosed amount. The deal will give Jabil access to Intel’s existing silicon photonics-based pluggable optical transceiver products and allow it to continue developing them in the future. The acquisition will enhance Jabil’s capabilities in the data center connectivity…
Apple Launches New 24-inch iMac with M3 Chip
Apple has announced a new 24-inch iMac powered by the latest Apple Silicon M3 chip. The new iMac is available to order today, and will start shipping on November 7. The new iMac has the same design as the previous model, but it features a number of significant upgrades, including: The new iMac is available…
Ignitis Group and Umicore Poland sign a corporate PPA for 137 MW Silesia WF II
LONDON, UK: AB “Ignitis grupė” informs that its subsidiary Silesia2 Wind Farm S.A. (hereinafter – Silesia WF II), managed by UAB “Ignitis renewables” (hereinafter – Ignitis Renewables), and Umicore Poland Sp. z o.o. (hereinafter – Umicore Poland), the Polish entity of leading circular materials technology company Umicore have entered into a 10-year corporate renewable power…
BHP to double potash production with US$4.9 billion investment in Canada
LONDON, UK: BHP, the world’s largest mining company, has announced a US$4.9 billion investment to expand its Jansen potash project in Saskatchewan, Canada. The stage two investment will double the production capacity of the project to 8.5 million tonnes per annum, making it one of the world’s largest potash mines. The investment follows BHP’s approval…
Windstream names Paul Sunu as new CEO, Tony Thomas steps down
Windstream Holdings, a privately held communications and software company, has appointed Paul Sunu as its new President and CEO, effective immediately. He replaces Tony Thomas, who has left the Company and the Board after 17 years. Sunu has been the Chairman of the Board since 2020 and will keep his position. He has 27 years…
Cloyes Gear & Products acquires Rotomaster, expands its automotive aftermarket portfolio
Cloyes Gear & Products, Inc. (Cloyes), the global leader in timing drive systems and components for the automotive aftermarket, has acquired Rotomaster, a leading turbocharger and component specialist. The deal, whose terms were not disclosed, will enhance Cloyes’ product offerings and customer base. Rotomaster, founded in 1978, provides complete assemblies, individual components and service kits…
Atari to acquire Digital Eclipse Entertainment Partners Co for an initial $6.5 million
PARIS, FRANCE: Atari, one of the world’s most iconic consumer brands and interactive entertainment producers, has entered into an agreement to acquire Digital Eclipse Entertainment Partners Co (Digital Eclipse), a game development studio originally founded in 1992 focused on the digital restoration of classic video games, based in Emeryville, California. The acquisition of Digital Eclipse…
Samsung Electronics announces KRW 53.7 trillion capital expenditure plan
SEOUL, SOUTH KOREA: Samsung Electronics Co., Ltd. today announced its capital expenditure plan of approximately KRW 53.7 trillion for the period from January 1, 2023 to December 31, 2023, a document suggests. The company plans to invest in its key businesses, including memory, foundry, and display, to increase competitiveness and address future demand. The investment…