Paris, France: TotalEnergies, a global energy company, has announced that it has acquired a 20% stake in Ductor, a Finland-based start-up that has developed an innovative technology to process high-nitrogen organic waste, such as poultry manure, for biomethane production. The technology allows the treatment of new types of input that are usually difficult to use…
UK Cracks Down on Overseas Student Visas
The UK government announced a new immigration policy on Tuesday that will make it more difficult for overseas students to bring their family members to the UK. The new policy, which will go into effect on July 1, 2023, will only allow international students on postgraduate courses currently designated as research programmes to bring in…
IDEX Biometrics and Thames Technology partner to deliver biometric smart cards
Oslo, Norway: IDEX Biometrics, a leading provider of fingerprint authentication solutions, has announced a new agreement with Thames Technology, a Paragon ID company and one of Europe’s leading card manufacturers and issuer partners, to accelerate the commercialization at scale of biometric smart cards. Thames Technology develops, manufactures and personalizes more than 250 million cards annually…
Commonwealth Bank unveils new app and AI features to enhance customer experience
Sydney, Australia: Commonwealth Bank has today announced a series of innovations and technological advances designed to strengthen and deepen the customer experience as increasing numbers of customers switch to digital banking. The bank has launched a refreshed version of its multi-award winning CommBank app, which will offer even more personalised, relevant and safe customer experiences….
4GLOBAL and Technogym partner to provide data insight solutions for fitness sector
London, UK – 4GLOBAL, a UK-based data, services and software company, has announced the signing of a strategic partnership agreement with Technogym, a fitness equipment and digital health provider, to work with their existing and mutual clients to enhance their data insight solutions. The partnership, which covers the UK initially, will enable sport and leisure…
Ofcom allows Openreach to introduce new pricing offer for full-fibre broadband
LONDON, UK: The UK’s communications regulator, Ofcom, has today published its decision not to prevent Openreach from introducing its new pricing offer for full-fibre broadband, known as ‘Equinox 2’. Under Ofcom’s rules, Openreach must notify the regulator of certain offers before they come into effect. This is to allow Ofcom to assess them before they…
Bonhill Group announces sale of InvestmentNews to KM Business Information US
LONDON, UK: Bonhill (AIM: BONH) has announced that it has exchanged contracts with KM Business Information US, Inc., a Key Media company, regarding the conditional disposal of the business and assets of InvestmentNews [IN] for a total cash consideration of $4.1 million (£3.3 million). InvestmentNews [IN] is a leading provider of financial news and information…
LondonMetric Property will acquire CT Property Trust for £198.6 million in shares
LONDON, UK: LondonMetric Property Plc will acquire the entire issued and to be issued share capital of CT Property Trust [CTPT] at the rate of 0.455 new LondonMetric shares for each CTPT share. On the basis of the Closing Price per LondonMetric Share of 188.0 pence on 23 May 2023, the Acquisition values each CTPT…
Prax clears regulatory hurdles for Hurricane takeover
London, UK: Prax Group, the independent oil refining and trading company, has announced that it has satisfied the regulatory conditions for its proposed acquisition of Hurricane Energy plc, the UK-based oil and gas company. The acquisition, which was announced on 16 March 2023, will be effected by means of a Court-sanctioned scheme of arrangement under…
Corcel acquires 90% stake in APEX with interests in Angola oil assets
London, UK: Corcel Plc (London AIM: CRCL), the extractive industries exploration and development company, with interests across battery metals and oil and gas, has announced that it has signed its first oil and gas acquisition with the purchase of a 90% interest in Atlas Petroleum Exploration Worldwide Limited (“APEX”), that has working interests in several…
What Company Departments Are Most Useful For Solving People’s Problems
From managing employee conflicts to addressing customer concerns, companies require effective strategies and specialized departments to tackle these people’s problems. In this article, we will explore the various company departments that play a vital role in resolving such issues. By understanding the functions and recent trends in these departments, businesses can optimize their problem-solving capabilities…
Exchange rates for GBP against major currencies on May 24, 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 1.1534 Pounds to Euros GBP-USD 1.2438 Pounds to Dollars GBP-NZD 2.0174 Pounds to New Zealand Dollars GBP-AUD 1.8845 Pounds to Australian…