Goldman Sachs has announced its contemplation of selling a portion of its wealth business that caters to high net worth individuals. The shift in focus aims to realign the bank’s efforts towards serving the ultra-rich clientele. In an official statement released on Monday, the Wall Street institution revealed that it is currently exploring various options…
Apple Watch Series 9: What to Expect from the Upcoming Release
As we approach Apple’s highly anticipated September 2023 event, speculation is mounting about the unveiling of the Apple Watch Series 9. Given the watch’s history of annual releases, it’s a near certainty that we’ll witness its introduction. While a radical design overhaul isn’t anticipated this year, much of the anticipated updates align with Apple’s typical…
Amazon implements new same-day delivery fee for Prime users on orders below £20″
LONDON: Amazon, the e-commerce giant, is rolling out a fresh policy that will introduce a same-day delivery fee for Amazon Prime members when their order totals less than £20. Subscribers who already pay a monthly fee for the Prime service will now be required to pay an additional £1.99 if they wish to have their…
Marsh to acquire specialist insurance broker Honan Insurance Group
Marsh, the insurance broker and risk advisor under Marsh McLennan, has announced its intention to acquire the complete outstanding share capital of Honan Insurance Group Pty Ltd, a specialized insurance broker focusing on corporate risk, employee benefits, and strata and real estate insurance. The terms of the acquisition, scheduled for completion later in 2023 pending…
Business Post acquires UK-based Relish Research in a €3 million deal
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…