LONDON, UK: Unite Students, the UK’s leading student accommodation provider, has announced that its CEO Richard Smith will step down at the end of 2023 after 13 years with the company. He will be succeeded by Joe Lister, the current CFO, who has been with Unite for 22 years. Michael Burt, the current Group Investment…
Ofcom refers cloud market to CMA over competition concerns
LONDON, UK: Ofcom, the UK communications regulator, has asked the Competition and Markets Authority (CMA) to investigate the public cloud infrastructure services market, after finding features that may limit competition and innovation. Cloud computing, which uses remote data centres to provide businesses with software, storage and networking, is vital for many sectors of the UK…
ConocoPhillips and Suncor buy TotalEnergies’ Canadian assets
PARIS, FRANCE: TotalEnergies EP Canada Ltd. has finalized today the sale to ConocoPhillips of its 50% interest in the Surmont oil sands asset and associated midstream commitments. The transaction, for a base amount of C$4.03 billion (about US$3.0 billion) plus up to C$440 million (about US$330 million) in contingent payments, has an effective date on…
Anglesey Mining CEO resigns, joins Silver Mines Limited
LONDON, UK: Jo Battershill, the Chief Executive Officer of Anglesey Mining plc, a UK minerals development company, has announced his resignation effective from 1st January 2024. He will join Silver Mines Limited, an Australian silver development company, as its Managing Director. Battershill will remain as a Non-Executive Director of Anglesey Mining after his departure. Anglesey…
Boston International Holdings signs terms to acquire Hyperion Development Corporation
LONDON, UK: Boston International Holdings has signed a non-binding heads of terms to acquire Hyperion Development Corporation in exchange for the issue of new ordinary shares. Hyperion holds 100% of the issued share capital of Camel Gold SRL, a company incorporated in Burkina Faso in West Africa, which owns a 100% interest in a gold…
TruFin Plc has sold its 53.8% equity holding in Vertus Capital Ltd
LONDON, UK: TruFin Plc has completed the disposal of its 53.8% equity holding in Vertus Capital Ltd, a specialist lender to independent financial advisers, for cash consideration of £3.2m following the acquisition of Vertus by Enable Partners Holdings Limited. For the year ended 31 December 2022, Vertus recorded £213k of profit before tax and contributed…
Lucapa Diamond appoints Nick Selby as CEO and MD
SYDNEY, AUSTRALIA: Lucapa Diamond Company (ASX: LOM) announced the appointment of Nick Selby as Chief Executive Officer and Managing Director. The appointment transitions Mr Selby from the Interim Chief Executive Officer role which he has held since August 2023. Mr Selby, an extraction metallurgist, joined Lucapa in October 2014 as Chief Operating Officer and was…
What is a Locking Element and How Does It Work
Locking elements may sound like something out of a spy movie or a high-tech security system, but they’re actually a fundamental part of everyday machinery and engineering. These unassuming components play a crucial role in ensuring that nuts, bolts, and other fasteners stay firmly in place, preventing everything from your bicycle pedals to massive industrial…
Dominate Online: 8 Expert Strategies for Choosing the Right Marketing Agency
In the ever-evolving landscape of digital marketing, choosing the right agency can make or break your online presence. The internet is a vast and competitive space, and having a reliable marketing partner is crucial for success. However, with countless agencies claiming to be the best, the decision-making process can be overwhelming. Fear not! In this…
Google launches Pixel 8 Smartphones and Smartwatch with AI features
Google launched its new Pixel 8 smartphones and Google Watch 2 on Wednesday, both of which feature integrated AI technology. The Pixel 8 smartphones are powered by Google’s latest mobile processor, Tensor G3, which has more AI and machine learning capabilities. This enables users to crunch more data on the device itself and in the…
Apple releases iOS update to fix heat issue in new iPhone 15 models
On Wednesday, Apple rolled out iOS 17.0.3, which includes a fix for a problem that made the new iPhone 15 models heat up. The software update notes say that it “provides important bug fixes, security updates, and addresses an issue that may cause iPhone to run warmer than expected.” Apple acknowledged earlier this week that…
Canva Unveils AI-Powered Design Tools to Take on Adobe
Canva, the Australian design software company, has unveiled a suite of artificial intelligence-powered tools to take on competitors including Adobe. One of the key distinctions of Canva’s new tools is the ability to instantly convert designs from one format to another with a click. For example, users can turn a presentation into a summary or…