American Business Bank (OTCQX: AMBZ) announced its financial results for the fourth quarter and the full year of 2023. The bank reported a net income of $11.4 million or $1.23 per share for the fourth quarter, an increase of 11%…
GFT Technologies SE (GFT), a global leader in digital transformation, announced that it has agreed to buy 100% of shares in Sophos Solutions S.A.S., a Colombian company specialized in core banking, AI and cloud modernization. The deal, which is expected…
AMSTERDAM: Philips, a global leader in health technology, announced its 2023 financial results, showing a 7% increase in comparable sales and a 10.5% increase in adjusted EBITA margin. The company also generated a free cash flow of EUR 1,582 million,…
Amazon and iRobot, two leading companies in the consumer robotics market, have mutually agreed to cancel their planned merger, which was announced in August 2022. The deal, valued at $2.5 billion, would have given Amazon access to iRobot’s popular products,…
Dynatrace, the leader in unified observability and security, has announced its agreement to acquire Runecast, an AI-powered security and compliance solution provider. The deal will enhance Dynatrace’s platform with Runecast’s security posture management, enabling customers to proactively address security and…
Juniper Networks, a leader in secure, AI-Native Networking, has launched the industry’s first AI-Native Networking Platform, which uses artificial intelligence (AI) to ensure the best end-to-end experiences for operators and users. The platform integrates all networking solutions with a common…
Redwire Corporation, a leader in space infrastructure, announced the launch of its first pathfinder mission for its autonomous semiconductor manufacturing platform, MSTIC, to the International Space Station (ISS). MSTIC aims to produce advanced semiconductors in microgravity, which could offer superior…
SoFi, the digital personal finance company, has launched a new feature that allows its members to invest in alternative assets, such as private credit, real estate and pre-IPO companies. These assets are usually reserved for the ultra wealthy, but SoFi…
LONDON, UK: Grit Real Estate Income Group Limited, a leading pan-African real estate company, announced today that it has sold its interests in Bora Africa and a diplomatic housing asset in Mozambique to its development subsidiary, Gateway Real Estate Africa…
LONDON: Flutter Entertainment, the global sports betting and gaming group, announced today that it has listed its ordinary shares on the New York Stock Exchange (NYSE) under the ticker symbol “FLUT”. The company also cancelled its secondary listing on Euronext…
DUBAI, UAE: Dubai Investments, the leading investment company listed on the Dubai Financial Market (DFM), has announced its acquisition of a 34.3% equity stake in Global Fertility Partners (GFP), a leading network of fertility and reproductive genetics centers across the…
LONDON: DG Innovate, a company that develops eco-friendly solutions for electric mobility and energy storage, has partnered with a leading commercial vehicle components company to create systems for heavy goods vehicles using its Pareta® drive technology. The Pareta® system is…