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 1.1668 Pounds to Euros GBP-USD 1.299 Pounds to Dollars GBP-NZD 2.0525 Pounds to New Zealand Dollars GBP-AUD 1.908 Pounds to Australian…
Mast Energy signs JV deal with institutional investor for flexible power projects
LONDON, UK: Mast Energy Developments PLC, a UK-based flexible power company, has announced that it has signed a joint venture deal with an institutional investor-led consortium, led by Seira Capital Ltd, to develop and operate a portfolio of low-carbon gas generation peaker plants. The deal, worth £5.9 million initially and potentially rising to £31 million,…
RWS buys legal content management firm Propylon for €30.1M
LONDON, UK: RWS Holdings plc, a leading provider of language, content and intellectual property services, has announced that it has bought Propylon Holdings Ltd, a company that offers a content management system for legal and legislative content, for €30.1 million ($33.1 million) in cash. The deal also includes deferred payments of €6.45 million ($7.1 million)…
Beyond Football: Exploring the Ohio State University’s Staggering Budget
By Dylan Callaghan-Croley The Ohio State University is mostly known for its college football program, one of the best and most historic in the world of college football. After all, the Buckeyes are one of the most successful college football programs of all time. After all, the Buckeyes have a 953-331-53 record all-time, have eight…
Multiply Group buys stake in Breakwater Energy for $100 million
ABU DHABI, UAE: Multiply Group, an Abu Dhabi-based investment holding company, has announced that it has acquired a minority stake in Breakwater Energy, a subsidiary of EIG that owns 25% of Repsol E&P, a global upstream oil and gas business. The deal, worth AED 367 million ($100 million), is part of Multiply Group’s opportunistic investment…
Collective raises $50mn to launch AI-driven financial management for solopreneurs
Collective, a platform that provides back-office services for solopreneurs, has raised $50 million in a funding round led by Google’s AI fund, Gradient Ventures. The company plans to use the funds to launch its new AI-driven financial management offering, which aims to help solo business owners with tasks like bookkeeping, payroll and tax filing. Collective…
Samsung launches its largest OLED TV ever, but it uses an LG panel
Samsung has launched its largest OLED TV ever, the 83-inch S90C, but it has a surprising twist: it uses an OLED panel from its rival LG. The TV, which is priced at $5,400 in the US, is the first Samsung OLED TV to use LG’s WOLED technology, while the smaller models use Samsung’s own QD-OLED…
European Lithium sells Australian tenement for $1M to focus on Europe
SYDNEY, AUSTRALIA: European Lithium Limited, a company that explores and develops lithium projects in Europe, has announced that it has agreed to sell its Australian tenement to Moosh Moosh Limited, a BVI registered company, for $1 million in cash or shares. The tenement, located in Northwest Western Australia, is considered a non-core asset by European…
Kyoto Group connects world’s largest electrical heater for molten salt to the grid in Denmark
OSLO,NORWAY: Kyoto Group, a Norwegian company that provides thermal energy storage solutions, has announced that it has connected the world’s largest electrical heater for molten salt to the grid at the Nordjylland Power Station in Aalborg, Denmark. The heater is a key component of Heatcube, the first ever full-scale thermal energy storage system that can…
Oncimmune announces new CEO and finance director as part of leadership shake-up
LONDON, UK: Oncimmune Holdings plc, a company that provides autoantibody profiling services to the pharma and biotech industry, has announced the appointment of Martin Gouldstone as its new Chief Executive Officer and Martin Hudson as its new Finance Director, as part of a leadership reshuffle. Martin Gouldstone will join Oncimmune on 1 August 2023, replacing…
Helical and TfL sign deal to develop sustainable office portfolio in London
LONDON, UK: Helical, a property investment and development company, has signed a joint venture agreement with Transport for London (TfL) to develop a portfolio of sustainable commercial office space above or near London Tube stations. The deal, which was announced in February 2023, will see Helical and TfL deliver three new office developments at Bank,…
B90 Holdings to buy Swedish online gambling marketing firm Emwys
LONDON, UK: B90 Holdings plc, an online marketing and operating company for the gaming industry, has announced a deal to acquire Emwys AB, a Swedish company that specialises in pay-per-click (PPC) marketing in the online gambling sector, for up to €3.6 million. The deal will also include a licence and online gambling marketing agreement with…