Stellantis, the automotive conglomerate, has issued a warning regarding the possible relocation of production for the existing Ram 1500 pickup truck from a suburban Detroit factory to Mexico, as disclosed by a union representative on Sunday. Rich Boyer, Vice President…
Industry experts anticipate that China will witness the sale of approximately 9 million new energy vehicles (NEVs) this year. Despite policy shifts impacting the sector’s stability, the NEV market’s robust growth remains certain and has emerged as a significant factor…
LONDON, UK: London-based investment firm, TRIG, advised by InfraRed Capital Partners and Renewable Energy Systems (RES), has sealed a deal to divest three onshore wind farms in the Republic of Ireland. The sale, valued at around €25 million, represents a…
LONDON, UK: Indivior Inc. has reached an agreement to resolve the claims brought by the end payor class of litigants (the End Payor Claimants) in the In re Suboxone Antitrust Litigation multi-district litigation (MDL). The agreement marks the resolution of…
LONDON, UK: Trident Royalties Plc, a diversified mining royalty company, has agreed to buy a 50% stake in a 2% net smelter royalty over the Dandoko Gold Project in Mali, owned by B2Gold Corporation Limited, a senior gold producer. The…
LONDON, UK: Smarttech247, a provider of AI-enhanced cybersecurity services, has announced a strategic partnership with Abnormal Security, a behavioural AI-based email security platform. The partnership will combine cloud-based AI to stop email attacks, such as business email compromise, vendor fraud…
LONDON, UK: ldox plc (AIM: IDOX), a leading supplier of specialist information management software and solutions to the public and asset-intensive sectors, has acquired Emapsite.com Limited, a leading UK based geographic information systems (GIS/Geospatial) data provider. Idox will acquire Emapsite…
LONDON, UK: LSL Property Services plc has agreed to acquire the entire issued share capital of TenetLime Limited from Tenet Limited, a subsidiary of Tenet Group Limited, subject to FCA approval. TenetLime operates a network providing services to 231 mortgage…
Novartis, the Swiss drugmaker, has announced that it will spin off its generic medicines division, Sandoz, on or around Oct. 4, subject to shareholder approval. The company said it planned to offer shareholders one Sandoz share for every five Novartis…
LONDON, UK: Great Portland Estates plc (GPE) announced the acquisition of King Sloane Properties Limited (the Company), which owns the freehold interests at 16/19 Soho Square, 29/43 Oxford Street and 7 Falconberg Mews, W1, from Belgravia & Chelsea Property Services…
AMSTERDAM: VEON Ltd., a global digital operator that provides online services and connectivity, has announced that it has submitted an application for a digital banking license to the Central Bank of Bangladesh, together with its subsidiary Banglalink, a leading mobile…
LONDON, UK: Golden Rock Global plc (LSE:GCG), a SPAC that is seeking opportunities in the FinTech sector, has announced that it has signed heads of terms to buy 2mee Limited, a company that has developed a patented omnichannel communication platform…