LONDON: Business Post Group (BPG) has successfully acquired UK-based Relish Research in a deal valued at nearly €3 million. This strategic move comes shortly after BPG secured a capital investment of €6 million from Bonnier News Business AB on July 7. BPG is also the owner of Red C research, headquartered in Ireland. Enda O’Coineen,…
Meta Set to Unveil Web Version of Threads, Its Rival to X (Formerly Twitter)
Reported by The Wall Street Journal – Meta is gearing up to launch the web version of Threads, its direct competitor to X (formerly known as Twitter), early this week, according to sources. This anticipated release marks a significant development, as the absence of a Threads’ web version has been a source of frustration for…
Sivers Wireless secures $5 million production order from frominent SATCOM client
STOCKHOLM: Sivers Wireless, a subsidiary of Sivers Semiconductors AB, has achieved a significant milestone by securing a substantial production order valued at $5 million (approximately 55 million SEK) from a leading European SATCOM (Satellite Communications) customer. This order pertains to their cutting-edge beamforming integrated circuits (BFIC) and is poised to have a substantial impact on…
Christian Poulsen becomes acting CEO of Copenhagen Airports as Thomas Woldbye leaves
COPENHAGEN, DENMARK: Copenhagen Airports A/S has appointed the airport’s COO Christian Poulsen to assume the position as acting CEO when Thomas Woldbye leaves the company on 30 September 2023. Current COO of Copenhagen Airports, Christian Poulsen, will lead the airport until a replacement has been found for Thomas Woldbye, who is stepping down after 12…
Hans Dahlgren takes the helm as CEO of Humana Assistans
STOCKHOLM, SWEDEN: Humana AB, a prominent player in the Swedish healthcare sector, has announced the appointment of Hans Dahlgren as the new Chief Executive Officer (CEO) of Humana Assistans. Effective today, August 21, 2023, Dahlgren steps into this pivotal role, succeeding the esteemed Andreas Westlund who leaves after a commendable fifteen-year tenure. Hans Dahlgren’s career…
Yuno Energy launches as Ireland’s cheapest electricity provider
Yuno Energy, a new monthly bill pay service from the company behind PrePayPower, has launched today with a discounted unit rate of 38.04c per kilowatt hour, claiming to offer the cheapest rate of electricity available on the market. The company says that customers who switch to Yuno Energy can save over €500 per year on…
TotalEnergies acquires a 26% interest in the Cash-Maple Gas Discoveries
PARIS, FRANCE: TotalEnergies and INPEX have signed an agreement with PTTEP in order to acquire the 100% interest held by PTTEP in the AC-RL7 permit in Australia. Under the terms of the agreement, which is subject to approval by the relevant authorities, TotalEnergies will acquire a 26% interest in the permit in line with its…
DuPont nears $1.8 billion sale of Delrin Resins Unit to The Jordan Company
DuPont De Nemours Inc., a leading materials and chemicals manufacturer, is reportedly in advanced negotiations to divest its Delrin resins unit to private equity firm The Jordan Company, with the deal estimated at approximately $1.8 billion. Citing sources familiar with the matter, Bloomberg News revealed this development on Sunday. The Jordan Company is poised to…
Mayur Resources appoints John McBride as CEO of Mayur’s Central Lime Project
SYDNEY, AUSTRALIA: Mayur Resources Limited (ASX:MRL) announced the official appointment of Mr. John McBride as the CEO of Mayur’s Central Lime Project. This appointment comes on the heels of the recent agreement with Vison Blue Resources, led by Sir Mick Davis, to invest US$40 million in the Central Lime Project, securing a 49% equity stake….
1ST Group appoints Michael Kafruni as its new Chief Operating Officer
SYDNEY, AUSTRALIA: 1ST Group Limited has appointed Michael Kafruni as its new Chief Operating Officer, effective today. Michael is a qualified lawyer and has over 15 years’ experience as a senior executive in multinational organisations in health, pharmaceutical, legal and accounting sectors including Althea Group Holdings Limited, CPA Australia Ltd and DLA Piper LLC. Michael…
Australian Strategic Materials appoints Chris Jordaan as Chief Operating Officer
SYDNEY, AUSTRALIA: Australian Strategic Materials (ASX: MM) announced the appointment of Mr Chris Jordaan as Chief Operating Officer (COO), effective 24 August 2023. Mr Jordaan joins ASM with 31 years in operational and corporate leadership roles in the petrochemical, processing and mining industries in South Africa, Australia and Papua New Guinea. Prior to accepting the…
Foldable smartphone market in China witnesses impressive growth
China’s foldable smartphone market has experienced remarkable expansion, as shipments surged by a staggering 173% year on year, totaling 1.26 million units in the second quarter of 2023, as outlined in a recent industry report. Throughout the initial half of the year, the nation dispatched 2.27 million foldable phones, marking a significant 102% escalation compared…