LONDON, UK: Molten Ventures plc (Molten), a leading venture capital firm investing in and developing high-growth digital technology businesses, today announces the launch of its Irish focused fund, with investment from existing Molten shareholder Ireland Strategic Investment Fund (ISIF), to back high-growth technology companies whose core activities, management and expertise are located in the Republic…
Bio-Gene Technology appoints new Managing Director and CEO
SYDNEY, AUSTRALIA: Bio-Gene Technology Limited (Bio-Gene), an agtech development company enabling the next generation of novel insecticides, has announced the appointment of Mr Tim Grogan as its new Managing Director and Chief Executive Officer (CEO), effective from 28th August 2023. Mr Grogan will replace Mr Richard Jagger, who will formally resign as the current Managing…
Exchange rates for GBP against major currencies on July 28, 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 1.1654 Pounds to Euros GBP-USD 1.2785 Pounds to Dollars GBP-NZD 2.0738 Pounds to New Zealand Dollars GBP-AUD 1.9178 Pounds to Australian…
OMV Petrom to build 400 ultra-fast charging stations for electric cars in Romania, Slovakia and Hungary
LONDON, UK: OMV Petrom, the largest integrated energy company in South-East Europe, has announced a project that will connect the region with a network of ultra-fast charging stations for electric cars along the Trans-European Transport Network (TEN-T). The project, which has received approval for a European funding contract with the European Executive Agency for Climate,…
Mastercard bans marijuana transactions on its debit cards
Mastercard, one of the world’s largest payment networks, has told financial institutions to stop allowing marijuana transactions on its debit cards, citing the federal illegality of cannabis in the United States. The move affects cannabis merchants and customers in several states where marijuana is legal for medical or recreational purposes, but who face difficulties accessing…
RLF AgTech partners with CBA to generate soil carbon credits
SYDNEY, AUSTRALIA: RLF AgTech Ltd, a technology-driven plant nutrition company, has announced that its subsidiary, RLF Carbon Pty Ltd, has formed a strategic alliance with the Commonwealth Bank of Australia (CBA) to fund a large scale soil carbon pilot program and to explore the potential to generate carbon credits from its technology. RLF Carbon’s technology…
Way2VAT appoints new CFO with international experience
SYDNEY, AUSTRALIA: Way2VAT, a global leader in automated VAT claim and recovery solutions, has announced the appointment of Evyatar Cohen as its new Chief Financial Officer, effective from 27 July 2023. Evyatar Cohen has more than 20 years of experience as a CFO and financial consultant for several public and private companies in various industries,…
Bio-Gene signs deal with STK to develop Qcide insecticide
SYDNEY, AUSTRALIA: Bio-Gene Technology Limited, an Australian company that develops novel insecticides from natural sources, has signed a Development and License Agreement with STK Bio-Ag Technologies, an Israeli company that specialises in botanical based solutions for crop protection. The deal gives STK a world-wide non-exclusive license to develop Bio-Gene’s Qcide technology, which is derived from…
Mineral Commodities appoints Scott Lowe as CEO
SYDNEY, AUSTRALIA: Mineral Commodities Ltd, a mining company with projects in South Africa and Norway, has announced the appointment of Scott Lowe as its new Chief Executive Officer, effective from 1 September 2023. Scott Lowe is a senior mining executive with more than 35 years of experience in various commodities and countries. He is currently…
Prosafe names new CEO with private equity and shipping background
OSLO, NORWAY: Prosafe, a provider of offshore accommodation services, has appointed Terje Askvig as its new CEO, effective from 1 November 2023. Terje Askvig has experience from shipping, oil service, family office and private equity. He has been a partner and senior advisor at Triton Partners, a European private equity firm, for the last 11…
Bpifrance invests in Quadient and backs its transformation strategy
PARIS, FRANCE: Bpifrance, the French public investment bank, has announced that it has acquired about 5% of the capital and voting rights of Quadient, a French company that provides digital solutions for business transactions. Bpifrance said it supports Quadient’s transformation strategy, which aims to diversify its service offering and create synergies in attractive markets such…
Vivendi agrees to sell Gala magazine to Groupe Figaro
PARIS, FRANCE: Vivendi, the French media giant, has agreed to sell Gala, a celebrity and lifestyle magazine, to Groupe Figaro, a leading French publisher, as part of its planned merger with Lagardère, another media group. The sale is one of the remedies that Vivendi has offered to the European Commission to address the competition concerns…