LONDON, UK: Molecular Energies PLC’s Green House Capital (GHC) has acquired a 70% stake in Quanto, a Paraguayan fintech company that has developed an app-based payment system. The company has also reported progress on its dual fuel project that aims…
Glanbia plc, a global nutrition group, has announced that its Group Managing Director Siobhán Talbot will retire from the company after ten years in the role. She will step down from her position and from the Glanbia Board on 31…
LONDON, UK: Concurrent Technologies, a UK-based company that specialises in high-end embedded computer solutions for critical applications, has announced that it has agreed to buy Phillips Machine & Welding Company, also known as Stryker, a US-based company that provides aerospace…
Apple Inc., the world’s most valuable technology company, is gearing up to produce its latest iPhone 15 model in India, shortly after it starts shipping from China, Bloomberg reported. The company has entrusted Foxconn Technology Group, its main manufacturing partner,…
Intel Corp, the world’s largest chipmaker, has decided to drop its $5.4 billion deal to acquire Tower Semiconductor Ltd, an Israeli contract chipmaker, after failing to get regulatory approval from China, Reuters reported on Tuesday. Intel, which announced the deal…
Occidental Petroleum Corp, a U.S. oil and gas producer, announced on Tuesday that it has agreed to pay $1.1 billion for Carbon Engineering Ltd, a Canadian company that develops technology to capture carbon dioxide (CO2) from the air and store…
SYDNEY, AUSTRALIA: Fletcher Building Ltd, a leading construction and building materials company in New Zealand and Australia, has announced that its Australian chief executive, Dean Fradgley, has decided to retire and will leave the business in early 2024. Fradgley has…
Bentley Systems, a software company that provides solutions for infrastructure engineering, has announced that it has acquired Blyncsy, an AI company that offers services for transportation departments to monitor and maintain road conditions. The acquisition is part of Bentley’s iTwin…
Chesapeake Energy, a major energy company based in Oklahoma, has announced that it will complete its exit from the Eagle Ford shale region in Texas by selling its remaining assets there to SilverBow Resources, a Houston-based exploration and production company….
ZTX, a web3 virtual world and creator platform, has announced that it has raised $13 million in seed funding from a group of investors led by Jump Crypto, a crypto-focused investment firm. The funding round also included Collab+Currency, Parataxis, MZ…
Dubai Aerospace Enterprise (DAE), a leading global provider of aviation services and leasing solutions, has announced that it has agreed to buy 64 Boeing 737 MAX aircraft from a subsidiary of China Aircraft Leasing Group Holdings Limited (CALC), a major…
LONDON, UK: ITV, the UK’s largest commercial broadcaster, has announced its third deal of 2023 as part of its Media for Equity portfolio, investing in Flarin, a pain relief brand that offers a unique and patent protected anti-inflammatory painkiller. This…