LONDON, UK: Ondo InsurTech Plc, the London-listed leader in claims prevention technology for home insurers, announced a new partnership with PURE Insurance, a U.S.-based property and casualty insurance company designed exclusively for successful, responsible families. PURE opened for business more than 15 years ago with the goal of offering something different in the insurance space:…
Aesthetix completes visual flame detection system for KOC pipeline
Aesthetix, a technology company that provides innovative solutions for the oil and gas industry, has announced the successful completion of its project to install a CCTV visual flame detection system for the Kuwait Oil Company (KOC) pipeline from NTF to North Pier. The visual flame detection system is designed to monitor and detect any fire…
Inteliqo secures exclusive rights to Langaroo, a revolutionary translation app
LONDON, UK: Inteliqo (AQSE: IQO), a start-up technology company that provides sales, marketing and distribution services to technology product owners under long-term distribution agreements, has announced that it has successfully acquired the exclusive sales and marketing rights to Langaroo, a mobile application that enables users to understand, speak, message, and share information across over 130…
Longboat Energy starts drilling Velocette gas prospect in Norway
LONDON, UK: Longboat Energy, an emerging full-cycle E&P company active in Norway and Malaysia, has announced the commencement of drilling operations on the Velocette exploration well in Norway, where it holds a 20% stake. Velocette is a gas-condensate prospect targeting Cretaceous Nise turbidite sands on the eastern flank of the Utgard High in the Norwegian…
Clean Food Group and Alianza Team join forces to produce sustainable oils and fats
LONDON, UK: Clean Food Group, a UK-based bio-tech company that produces microbial oils from food waste, has announced a strategic collaboration and investment from Alianza Team, a Latin American food technology specialist with expertise in lipids, nutrition and frozen bakery. The partnership will combine the strengths of both companies to develop and market sustainable, functional…
Concurrent Technologies ships new version of 3U VPX Plug-In Card
LONDON, UK: Concurrent Technologies (AIM: CNC), a global specialist in the design, development and manufacture of leading-edge embedded computer solutions for critical applications, has announced that it has engineered and shipped a new version of its flagship 3U VPX Plug-In Card. The new variant, TR K9x/6sd-RCx, is based on an 11th Gen Intel® Core™ Processor…
Spirax-Sarco Engineering announces CEO retirement and successor
LONDON, UK: Spirax-Sarco Engineering plc, the leading global thermal energy management and fluid technology solutions Group, has announced that Nicholas Anderson, Group Chief Executive, will retire in early 2024, after ten years in this role. The Board has appointed Nimesh Patel, the current Chief Financial Officer, as his successor. Anderson joined the Group in 2011…
Apester appoints TikTok executive Anni Ben Yair as new CEO
LONDON, UK: Apester, a digital experience platform that enables brands to engage and understand customers across all digital media channels, has announced the appointment of Anni Ben Yair as its new Chief Executive Officer. Ben Yair replaces Itay Gissin, who will remain with the business for a short period to ensure an orderly handover. Ben…
Exchange rates for GBP against major currencies on August 8, 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 1.1605 Pounds to Euros GBP-USD 1.2758 Pounds to Dollars GBP-NZD 2.1031 Pounds to New Zealand Dollars GBP-AUD 1.9528 Pounds to Australian…
Aquis Exchange acquires stake in US block trading start-up OptimX Markets Inc
LONDON, UK: Aquis Exchange PLC, a London-based exchange services company, announced on Monday that it has acquired a minority stake in OptimX Markets Inc, a US-based financial services start-up focused on the block trading market. The investment was made as part of a consortium that also includes DB1 Ventures, the venture capital arm of Deutsche…
Visiativ acquires Techform, a leader in technical and commercial configuration software
PARIS, FRANCE: Visiativ, a publisher and integrator of innovative software platforms for industrial SMEs and mid-sized companies, announced today that it has acquired Techform, a pure-player technical and commercial configuration software editor. The acquisition was approved by the Toulouse Commercial Court, which chose Visiativ to take over all the assets and employees of Techform. Techform,…
Oil prices hit four-month highs after Ukraine attacks Russian port and OPEC extends cuts
Oil prices rose to their highest levels since mid-April on Monday, following a drone attack by Ukraine on a key Russian oil export hub and an extension of production cuts by Saudi Arabia and Russia. Ukraine launched a naval drone attack on Russia’s port of Novorossiysk, a critical hub on the Black Sea for Russian…