LONDON, UK: The UK Civil Aviation Authority (CAA) has taken enforcement action against Wizz Air, a low-cost airline, for failing to pay passengers what they are legally entitled to when their flights are cancelled or delayed. The CAA said it had received a high number of complaints from passengers who were not offered alternative flights,…
Peter France appointed Group Chief Executive Officer of TT Electronics plc
LONDON, UK: TT Electronics plc, a global provider of engineered electronics for performance critical applications, announced that Peter France has been appointed as Group Chief Executive Officer. He will succeed Richard Tyson, following the announcement made on 13 April 2023 of Richard’s proposed departure. Peter France has a distinguished track record in the industrial engineering…
Global Auto Holdings raises cash offer for Lookers to £504.2 million
LONDON, UK: Global Auto Holdings, a company backed by private equity firm TDR Capital, has increased its offer for car dealer Lookers Plc from 120 pence to 130 pence per share, valuing the company at £504.2 million. The new offer represents a 46.6 per cent premium to Lookers’ share price before the original offer was…
Anglo American Platinum appoints Craig Miller as CEO
LONDON, UK: The Board of Anglo American Platinum Limited announces the appointment of Craig Miller as CEO, with effect from 1 October 2023, following Natascha Viljoen’s decision in February to take up the COO role at Newmont Corporation. Norman Mbazima, Chairman of Anglo American Platinum, said: “I am pleased to extend a warm welcome to…
Exchange rates for GBP against major currencies on July 27, 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 1.1675 Pounds to Euros GBP-USD 1.2956 Pounds to Dollars GBP-NZD 2.0742 Pounds to New Zealand Dollars GBP-AUD 1.9063 Pounds to Australian…
NatWest CEO quits over Farage account scandal
NatWest Group PLC (LSE:NWG) announced today that its chief executive Alison Rose has stepped down from her role after admitting to misleading a BBC journalist about the reasons for closing the bank account of Nigel Farage, a prominent Brexit campaigner and former UKIP leader. Rose, who became the first woman to lead a major UK…
7 Ideas On How To Create A Cozy Corner In Your House
There’s something enchanting about having a little nook in your home where you can retreat to, away from the hustle and bustle of daily life. Creating a cozy corner is an art that requires careful consideration of design elements, furniture selection, and ambiance. Whether you want a reading sanctuary, a meditation spot, or a place…
MRG Metals signs MOU with LANQI for Mozambique sands projects
LONDON, UK: MRG Metals Limited (ASX: MRQ), a mineral exploration company, has announced that it has signed a memorandum of understanding (MOU) with Tianjin Lanqi Materials Company Limited (LANQI), a Chinese company engaged in the production and sale of titanium dioxide and other materials, for a joint venture (JV) operation on its Corridor Sands projects…
AnteoTech raises $6 million to boost clean energy business
LONDON, UK: AnteoTech Ltd (ASX: ADO), a company that develops and manufactures high silicon anodes for lithium-ion batteries, has announced that it has raised $6 million from investors to accelerate its commercialisation and production activities. The company said it had received funding commitments of $4 million from sophisticated and professional investors for a placement of…
Rio Tinto grows production and earnings, declares 177 US cents dividend
LONDON, UK: Rio Tinto, the global mining giant, has announced strong half-year results, with a 5% increase in production volumes and a 2% rise in underlying earnings. The company also declared an interim dividend of 177 US cents per share, in line with its 50% payout policy. The company said it generated net cash from…
ITM Power announces roadmap for strategic collaboration with W. L. Gore & Associates
LONDON, UK: ITM Power and W. L. Gore & Associates intend to collaborate to further deepen their understanding of proton exchange membrane water electrolysis (PEMWE) performance over lifetime, durability mechanisms and reliability. The collaboration will enable fast paced progress, and shall further enhance stack performance, durability and reliability as part of ITM’s technology development programme,…
Karelian Diamonds launches Nickel-Copper-Platinum exploration in Northern Ireland
LONDON, UK: Karelian Diamond Resources plc (AIM: KDR), a diamond exploration company, has announced that it has started a Nickel-Copper-Platinum Group Metals exploration programme in Northern Ireland. The company has collected and sent a series of stream sediment samples from three licences to a Canadian laboratory for analysis. The exploration programme follows the discovery of…