AMSTERDAM: ASML Holding NV, the world’s leading supplier of lithography systems for the semiconductor industry, announced its 2023 fourth-quarter and full-year results today. The company achieved a 30% growth in net sales, reaching €27.6 billion for the year, with a…
Tesla, the electric vehicle (EV) pioneer, is gearing up to introduce a new mass market EV codenamed “Redwood” in mid-2025, Reuters reported. The new model is expected to be a compact crossover, one of the most popular segments in the…
UBS (NYSE:UBS) has announced that Suni Harford, President Asset Management and GEB Lead for Sustainability and Impact, will retire from the firm on 1 March 2024. She will be succeeded by Aleksandar Ivanovic and Beatriz Martin Jimenez, respectively. Aleksandar Ivanovic,…
BenevolentAI, a leading AI-powered biopharma company, announced today that Dr. Joerg Moeller, a veteran in the pharmaceutical industry, has joined the company as its new CEO and Executive Board member. Dr. Joerg Moeller has over 20 years of experience in…
SYDNEY: Prospa Group Limited, a leading online lender to small businesses in Australia and New Zealand, has announced the acquisition of the Zip Business loan portfolio for approximately $15.6 million. The deal, which will be funded using Prospa’s existing warehouse…
Bitcoin is a decentralized digital currency that operates on a peer-to-peer network of computers, called nodes, that validate transactions and secure the network. Bitcoin mining is the process of using specialized hardware and software to solve complex mathematical problems, called…
LONDON, UK: Unigel Group plc, a leading producer of fibre optic cable materials, has agreed to buy the remaining 40% stake in its subsidiary Unigel (UK) Limited from Unigel Compounds Sdn Bhd for £1.3 million. The deal will give Unigel…
Kardex, a leading provider of compact storage systems, has announced a strategic partnership with Addverb, an India-based company for warehouse automation. The partnership aims to deliver integrated and efficient solutions that combine the best of both companies’ technologies. Addverb’s warehouse…
EVORA Global, a leading provider of tech-enabled sustainability solutions, has acquired Metry, Europe’s top platform for environmental data collection. The deal will enhance EVORA’s data automation and quality for its clients in the real estate and infrastructure investment industry, using…
Visit Group, a Nordic-based software company for hospitality and travel, announced today that it has received more than €100 million in strategic growth investment from PSG Equity, a leading growth equity firm. PSG Equity is acquiring a majority stake in…
PARIS, FRANCE: TotalEnergies, a French energy giant, has acquired Kyon Energy, a German company that specializes in battery storage systems, for €90 million plus some performance-based payments. Kyon Energy, founded in 2021, has developed 770 MW of battery projects, of…
TravelPerk, a SaaS platform that simplifies business travel, has secured an additional $104m in funding from SoftBank Vision Fund 2 and other investors. The company, which grew its revenue by over 70% and its gross profit by more than 90%…