ATLANTA: MacStadium, a cloud services provider that specializes in macOS workloads, has announced the launch of Orka 3.0, the latest version of its proprietary technology, Orka Platform. Orka (Orchestration with Kubernetes on Apple) is the only virtualization layer for Mac build infrastructure that uses Open Container Initiative (OCI) and Kubernetes technologies. Orka 3.0 aims to…
Watches of Switzerland shares soar as it reports strong Q2 results and upbeat outlook
LONDON: Watches of Switzerland, a leading retailer of premium Swiss watches, has raised its full-year revenue guidance and revealed an ambitious long-term growth plan, after delivering a solid performance in the second quarter. The company’s shares jumped 10.6% to £576.00 on Tuesday morning, as it announced that its Q2 revenue increased by 1.3% year-on-year to…
Better Collective acquires Playmaker Capital to expand its sports media presence
Better Collective, a leading sports betting media group, has announced a definitive agreement to acquire Playmaker Capital, a digital sports media group with a strong presence in the Americas. The deal is expected to close before the end of Q1 2024, subject to regulatory and shareholder approvals. Playmaker Capital owns a portfolio of sports media…
Pennpetro Energy announces first oil trucked from Chalk Talk 1H Well in Texas
LONDON: Pennpetro Energy, an independent oil and gas company focusing on development and production in the Peach Creek (Austin Chalk) Oil Field in Gonzales County, Texas, USA, advises that further to its RNS dated 30 October 2023, the Chalk Talk #1H (“CT1H”) well has been on extended well test, the first two truckloads (170 bbls…
Kromek and global technology solutions provider to develop next-generation CT detector technology
LONDON, UK: Kromek Group plc (AIM: KMK), a leading developer of radiation and bio-detection technology solutions for the advanced imaging and CBRN detection segments, announces that it has entered into a collaboration agreement with a new partner to develop Cadmium Zinc Telluride (“CZT”) based detectors for photon counting computed tomography applications in the medical imaging…
Saint-Gobain signs a renewable electricity supply agreement with Alpiq Energie France
PARIS, FRANCE: In France, Saint-Gobain has signed a 14-year renewable electricity supply agreement (Power Purchase Agreement or PPA) with Alpiq Energie France. This contract covers the purchase of electricity generated by two solar farms located in Moselle (East of France). Alpiq Energie France will supply over 500 GWh of solar electricity to Saint-Gobain over the…
Nanoco Group signs Joint Development Agreement with Asian customer
LONDON, UK: Nanoco Group plc (LSE: NANO), a world leader in the development and manufacture of cadmium-free quantum dots and other specific nanomaterials emanating from its technology platform, has signed a major new Joint Development Agreement (JDA) with its important Asian Chemical customer. The two-year programme has now commenced and creates a longer term and…
Actual Experience plc intends to appoint administrators as cash runs low
LONDON, UK: Actual Experience plc (AIM: ACT), an analytics-as-a-service company, has announced that it is running out of cash and is looking for further funding to continue its operations. The company has been unable to secure significant new revenue contracts or reduce its costs, and has been exploring an equity fundraise with existing and potential…
Irish State sells 5% stake in AIB Group for €514.83 million
LONDON, UK: The Irish State has sold part of its shareholding in AIB Group plc, the country’s largest bank, for €514.83 million. The sale was done through a placing of shares to institutional investors, which was completed on Monday. The sale reduced the State’s stake in AIB from 45.8% to 40.8%, a decrease of 5%….
Foxtons Group has acquired Ludlow Thompson Holdings for a consideration of £10 million
LONDON, UK: Foxtons Group plc announced the acquisition of Ludlow Thompson Holdings Limited and subsidiary companies for a consideration of £10m, on a cash and debt free basis. The acquisition will be funded through the Group’s existing cash resources and existing £20m revolving credit facility, a bourse filing noted. Ludlow Thompson is a high-quality, lettings…
Crescent Point Energy has acquired Hammerhead Energy Inc. for CAD 2.55 billion
LONDON, UK: Riverstone Energy Limited (REL) announced that Hammerhead Energy Inc. has announced the sale of Hammerhead to Crescent Point Energy Corp., a Calgary based energy company, for an enterprise value of C$2.55 billion, or C$21.00 per share, a notice said. Each Hammerhead Energy share will be exchanged for (i) C$15.50 (approximately US$11.26) per share…
Kinder Morgan to buy NextEra Energy Partners’ Texas gas pipelines for $1.82 billion
TEXAS: Kinder Morgan, a U.S. pipeline operator, announced on Monday that it has agreed to acquire NextEra Energy Partners’ natural gas pipelines in South Texas for $1.82 billion in cash. The deal is expected to close in the first quarter of 2024. The acquisition will add seven pipelines with a total transport capacity of 4.9…