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…
Agronomics invests €4 million in Meatable, a Dutch cultivated meat company
LONDON, UK: Agronomics, a UK-based company focused on cellular agriculture, has announced that it has invested €4 million in Meatable, a Dutch company that produces cultivated pork from animal cells. The investment is part of Meatable’s €35 million Series B financing round, which was co-led by Agronomics and New Agrarian, a new fund dedicated to…
Woodside sells 10% stake in Scarborough gas project to LNG Japan for $500 million
LONDON, UK: Woodside, Australia’s largest independent oil and gas company, has announced that it has agreed to sell a 10% stake in its Scarborough gas project to LNG Japan, a joint venture between Sumitomo Corporation and Sojitz Corporation, for $500 million. The deal is part of a broader strategic relationship between Woodside and LNG Japan,…
PayPal to launch its own stablecoin backed by the US dollar
PayPal, the online payments giant, is set to launch a US dollar-denominated stablecoin, PayPal USD (PYUSD), in a bid to address the emerging potential of fully-backed and regulated stablecoins to transform payments in Web3 and digitally native environments. Stablecoins are cryptocurrencies that are pegged to a fiat currency or another asset, such as gold, to…
JD Sports to take full ownership of Poland’s MIG
LONDON, UK: JD Sports Fashion Plc, Britain’s biggest sportswear retailer, announced on Tuesday that it will acquire the remaining 40% stake in Marketing Investment Group (MIG), a Polish retailer of sports fashion footwear, apparel and accessories. The deal will make JD the sole owner of MIG and will accelerate its expansion in Central and Eastern…
How TikTok is Revolutionizing Extreme Sports Culture
Extreme sports have always been known to push the boundaries of what is possible, presenting a thrilling spectacle for viewers worldwide. However, the way we consume these adrenaline-pumping activities is changing dramatically, thanks to the burgeoning influence of social media platforms like TikTok. With its short-video format and user-friendly interface, TikTok is turning the world…
APA Group and Empire Energy sign initial agreement to develop Beetaloo gas project
SYDNEY, AUSTRALIA: APA Group (ASX: APA), a leading Australian energy infrastructure business, and Empire Energy Group (ASX: EEG), an oil and gas exploration and production company, have signed an initial agreement to progress works associated with the development of Empire Energy’s Carpentaria pilot project. The project seeks to connect Empire Energy’s acreage in the Beetaloo…
Vection Technologies acquires 3D tech company MYR to boost its fashion solutions
SYDNEY, AUSTRALIA: Vection Technologies Ltd (ASX:VR1. OTC:VCTNY), a company that provides integrated extended reality (XR) solutions for various industries, has announced the execution of a binding agreement to acquire MYR S.r.L (MYR), a 3D technology company that is revolutionising the fashion and apparel industry. MYR is a company that develops and offers innovative 3D and…
PSC Insurance Group to acquire Ensurance in a $25.2 million deal
SYDNEY, AUSTRALIA: PSC Insurance Group Limited (ASX: PSI), a diversified insurance services group, has announced that it has entered into a binding scheme implementation deed to acquire all of the shares in the capital of Ensurance Ltd (ASX:ENA), an Australian-based underwriting agency business specialising in professional and financial lines, for $25.2 million. The acquisition will…
Corella Resources appoints Jess Moddren as new CEO
SYDNEY, AUSTRALIA: Corella Resources, a mining company that focuses on high purity alumina (HPA) raw material, has announced the appointment of Jess Moddren as its new Chief Executive Officer (CEO), effective from 14th August 2023. Jess Moddren will lead the company’s transition from explorer-developer to a mining company, as well as its growth strategy and…
Ondo InsurTech announces new partnership with PURE Insurance
LONDON, UK: Ondo InsurTech Plc, the London-listed leader in claims prevention technology for home insurers, announced a new partnership with PURE Insurance, a U.S.-based property and casualty insurance company designed exclusively for successful, responsible families. PURE opened for business more than 15 years ago with the goal of offering something different in the insurance space:…