SYDNEY, AUSTRALIA: Serko Limited announced the expansion of its product leadership function with the appointment of Joydip Das, as Serko’s Chief Product Officer. Joydip brings with him a wealth of experience as a global product leader most recently as the Chief Product Officer of Iress, and prior to that as a Vice President, Product at…
Exchange rates for GBP against major currencies on June 23, 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 1.1628 Pounds to Euros GBP-USD 1.271 Pounds to Dollars GBP-NZD 2.0693 Pounds to New Zealand Dollars GBP-AUD 1.8966 Pounds to Australian…
How To Manage Your Company’s Finances With More Ease
Managing the finances of a business is not easy. It’s arguably one of the most challenging aspects of entrepreneurship. If you are interested in starting your own business (or you are already at the head of one) then now’s the time to learn about managing company finances. Good financial management can help you to make…
What to Do When Denied a Business Loan
Owning and running a business is full of ups and downs — and securing financing can be either one. Many startups try to apply for a loan through their bank to get funding to start or grow their business. However, things don’t always go quite as planned, especially for early-stage companies without a solid track…
Storegate AB acquires 85% stake in RushFiles for DKK 3.2 million
HORSENS, DENMARK: Storegate AB, a subsidiary of Hawk Infinity Software AS, has announced that it has entered into a share purchase agreement for the acquisition of 85% of the shares in RushFiles A/S, a Danish company that offers multiple storage solutions and a content collaboration platform. The cash consideration for the transaction is DKK 3.2m…
OGDCL wins bidding round for two blocks in Sindh and Punjab
LONDON, UK: Oil and Gas Development Company Limited (OGDCL), Pakistan’s largest exploration and production company, participated in the bidding round for two blocks in Sindh and Punjab provinces on June 20, 2023. The company was the highest bidder for Zindan-II block in Sindh and Sehwan-III block in Punjab, which have a combined area of 5,000…
Stranger Holdings secures £3.5 million QGC funding for uranium project in South Africa
LONDON, UK: Stranger Holdings Plc (LSE: STHP), a company focused on acquiring and developing natural resource projects, has announced that it has secured committed equity funding of £3.5 million from Q Global Commodities Group (‘QGC’), one of South Africa’s leading independent commodity, mining, logistics and investment funds. The funding will enable Stranger Holdings to complete…
Iberdrola, Spirax-Sarco invest in Kyoto Group to decarbonize industrial heat
OSLO, NORWAY: Kyoto Group, Iberdrola, and Spirax-Sarco Engineering have signed an agreement to invest in Kyoto Group’s Heatcube thermal energy storage solution. The investment will help to accelerate the decarbonization of industrial process heat by providing industrial customers with the technology to lower their costs and emissions. Heatcube is a modular, low-cost thermal energy storage…
Ripple gets green light to operate in Singapore amid US regulatory woes
Blockchain company Ripple has received in-principle regulatory approval to operate in Singapore, in a rare moment of good news for the cryptocurrency industry globally as it faces tightening policy back home in the United States. Ripple said on Thursday that it was granted in-principle approval of a Major Payment Institution Licence from the Monetary Authority…
FL Entertainment launches Banijay Events and appoints François de Brugada as CEO
AMSTERDAM: FL Entertainment, a global entertainment leader, has announced the creation of Banijay Events, a live events offering that will leverage its expertise and success in content production and distribution. The new offering will be led by François de Brugada, who will step down as CEO of Banijay France, the country’s undisputed production leader. Banijay…
Al Salam Bank acquires majority stake in Al Salam Bank Algeria
MANAMA, BAHRAIN: Al Salam Bank has announced the acquisition of a majority stake in Al Salam Bank Algeria (ASBA), increasing its shareholding from 37.43% to 53.13%, following the purchase of shares from various shareholders. The acquisition will boost Al Salam Bank’s regional presence and growth prospects, as ASBA is the fastest growing bank in Algeria…
Speedy Hire Plc appoints Paul Rayner as CFO
LONDON,UK: Speedy Hire Plc, the UK and Ireland’s leading provider of tools, specialist equipment and services, announced the appointment of Paul Rayner as Chief Financial Officer (CFO) and executive director with effect from 1 July 2023. Paul joined Speedy in the role of interim CFO with effect from 1 November 2022. His appointment to the…