DUBAI, UAE: Al Ansari Financial Services, a leading UAE-based financial services group, has announced that it has presented a formal proposal to acquire a majority stake in one of the prominent exchange companies in Oman. The group has received an initial approval subject to meeting the necessary regulatory conditions. The acquisition is part of Al…
Bain Capital to acquire Estia Health for $838 million
SYDNEY, AUSTRALIA: Bain Capital, a global private equity firm, has agreed to acquire Estia Health, a leading Australian aged care provider, for $838 million in cash. The deal was announced on Monday by Estia Health, which said it had entered into a scheme implementation agreement with Bain Capital. Under the terms of the agreement, Estia…
Exchange rates for GBP against major currencies on August 7, 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 1.1582 Pounds to EurosGBP-USD 1.2731 Pounds to DollarsGBP-NZD 2.0878 Pounds to New Zealand DollarsGBP-AUD 1.9384 Pounds to Australian DollarsGBP-CAD 1.7035 Pounds…
Silvercorp to buy OreCorp for $65 million in cash and shares
SYDNEY, AUSTRALIA: Silvercorp Metals Inc., a Canadian-based silver producer with operations in China, has announced that it has agreed to acquire OreCorp Limited, an Australian-based gold developer with a flagship project in Tanzania, for $65 million in cash and shares. Under the terms of the agreement, Silvercorp will acquire all the OreCorp shares not held…
Waterco to buy Davey Water Products for $65 million
SYDNEY, AUSTRALIA: Waterco Limited, a global water treatment and pool equipment manufacturer, has announced that it has signed a deal to buy Davey Water Products, a subsidiary of GUD Holdings Limited, for $65 million. The transaction is expected to be completed on 1 September 2023. Waterco, which is listed on the Australian Securities Exchange, said…
Samsung Gaming Hub brings GeForce NOW to more Australian gamers
SYDNEY, AUSTRALIA: GeForce NOW Powered by Pentanet, the cloud gaming service that lets gamers play their favorite PC games on any device, is now even more accessible for Australians through the regional launch of Samsung Gaming Hub. As an all-in-one game streaming discovery platform, Samsung Gaming Hub makes it easy for gamers of all ages…
Eastern Metals appoints Ms Ley Kingdom as its new Chief Executive Officer
SYDNEY, AUSTRALIA: Eastern Metals Limited (Eastern Metals or Company), a leading Australian base metals exploration and development company, is pleased to announce the appointment of Ms Ley Kingdom as its new Chief Executive Officer, effective immediately. Ms Kingdom is a qualified geologist with over 25 years of experience in the mining industry, having worked for…
How to Effectively Analyze Financial Data for Better Business Management
In today’s fast-paced and competitive business landscape, data has emerged as the foundation of effective decision-making and strategic planning. For businesses of all sizes, analyzing financial data is a critical process that yields insights into their financial health, identifies trends, and optimizes resource allocation. By harnessing the power of financial data analysis, companies can make…
A Quick Overview of the Importance of Labeling and Packaging in Marketing
In the world of marketing, the power of first impressions cannot be underestimated. Often, the first point of contact between a product and its potential customer is its packaging and labeling. This initial interaction has the ability to make or break a sale, playing a crucial role in consumer decision-making. Therefore, packaging and labeling are…
Is EssayService a Legitimate Website for Writing Your Essays?
Homework often comes in the form of repetitive, unstimulating tasks that fail to captivate students. Rather than innovative projects that can ignite their intellectual curiosity, students have to grapple with the same tedious essays. They find it challenging to remain engaged when these tasks simply don’t align with their aspirations. To make things worse, these…
China drops tariffs on Australian barley after three years of trade dispute
China has announced that it will lift the tariffs on Australian barley imports from Aug. 5, signalling a thaw in the trade relations between the two countries that have been strained since 2020. The tariffs, which amounted to 80.5% of the import value, were imposed by China in May 2020, accusing Australia of dumping and…
TotalEnergies sells a 15% interest in Absheron gas field to ADNOC
PARIS, FRANCE: TotalEnergies and its partner SOCAR (State Oil Company of the Republic of Azerbaijan) have signed an agreement to sell a 15% participating interest each in the Absheron gas field to ADNOC (Abu Dhabi National Oil Company). After completion of this transaction, which is subject to the approval by the relevant authorities, TotalEnergies will…