Tesla has started selling its Model Y rear-wheel drive car in South Korea at a price that qualifies for the highest level of government subsidies for electric vehicles, the company said on Friday. The Model Y, which has a driving range of 350 kilometres and a top speed of around 217 km per hour, is…
Eli Lilly to buy Versanis for up to $1.93 billion in obesity drug push
Eli Lilly and Co said on Friday it will acquire Versanis, a privately held biotech company developing a novel obesity drug, for potentially up to $1.93 billion, as it seeks to expand its presence in the lucrative weight-loss market. The deal gives Eli Lilly access to Versanis’ lead candidate, VS-01, which is being tested in…
Standard Chartered sells African businesses to Access Bank
LONDON: Standard Chartered has agreed to sell its subsidiaries in five sub-Saharan African countries to Nigeria’s Access Bank, as part of its plan to exit some of its less profitable markets in the region. The deal, which is expected to close in the next year, will see Access Bank take over Standard Chartered’s operations in…
How to Buy Marijuana Plants Seeds in Pakistan
If you are looking for a way to buy marijuana seeds in Pakistan, you might be wondering about the legal risks and the best sources to get quality seeds. In this blog post, we will give you some useful information and tips on how to buy marijuana plants seeds in Pakistan safely and discreetly. First…
Time is running out to file your 2019 taxes and get your refund
Did you forget to file your taxes in 2020 when the Covid-19 pandemic hit? If so, you might be missing out on a big chunk of money from the IRS. The good news is that you still have time to file your 2019 federal tax return and claim your refund. But you have to act…
How to Develop an Effective Brand Strategy: Key Steps and Insights
Are you an entrepreneur or business owner aiming to create a strong, recognizable brand? With the overwhelming range of information available on the web, it can be hard to know where to start. Fortunately, you don’t have to jump into designing your logo and purchasing a website hosting software right away. Having an effective brand…
Cyclone Metals sells non-core gold assets in Australia and New Zealand for $4m
SYDNEY, AUSTRALIA: Cyclone Metals Limited (ASX: CLE), a mineral exploration and development company, has announced that it has entered into a binding term sheet for the sale of its non-core gold assets in Australia and New Zealand to Moosh Moosh Limited (Moosh), a BVI registered company. The sale includes 100% interest in the Nickol River…
Smart Parking acquires German parking management company for $2m
SYDNEY, AUSTRALIA: Smart Parking Limited (ASX:SPZ), a leading provider of parking technology and management solutions, has announced that it has acquired Parklnnovation GmbH (PI), a German parking management company, for $2m. PI, founded in 2016, manages 46 manually operated parking sites in Germany, mainly in the retail and leisure sectors. Smart Parking said that the…
Cradle Resource acquires geothermal companies to become Australia’s leader in renewable energy
SYDNEY, AUSTRALIA: Cradle Resource, a mineral exploration and development company, has announced that it has entered into a binding agreement to acquire Volt Geothermal Pty Ltd and Within Energy Pty Ltd, two companies focused on geothermal energy projects in Australia. The acquisition, which is subject to shareholder approval and other customary conditions, will mark Cradle…
Air France-KLM secures €500m financing from Apollo for maintenance activity
PARIS, FRANCE: Air France-KLM, the Franco-Dutch airline group, has announced that it has signed a definitive agreement with Apollo Global Management, a US private equity firm, to raise €500m in quasi-equity financing for its maintenance activity. The financing will be provided by Apollo-managed funds and entities, which will subscribe to perpetual bonds issued by a…
XPS Pensions Group sells National Pensions Trust to SEI for £42.5 million
LONDON, UK: XPS Pensions Group plc, a leading UK pensions consultancy and administration firm, has announced that it has agreed to sell its National Pensions Trust (NPT) business to SEI, a global provider of investment management and technology solutions, for up to £42.5m. The deal, which is subject to regulatory approval, will create a strategic…
Molecular Energies sells stake in ATOME for £800k
LONDON, UK: Molecular Energies PLC (AIM: MEN), the international energy company, has announced that it has sold 800,000 ordinary shares in ATOME Energy PLC (AIM: ATE), a green hydrogen, ammonia, and fertiliser company, for £800,000. The sale, which was completed on 14 July 2023, represents a 2% stake in ATOME and a gain of £800,000…