LONDON, UK: HSBC has announced its decision to wind down its wealth and personal banking business in New Zealand as part of its ongoing strategy to exit less profitable markets and concentrate on expanding in specific Asian markets. The bank revealed the planned process, resulting from a strategic review, which will be implemented over several…
Toyota announces plans for full lineup of battery electric vehicles
TOKYO, JAPAN: Shares of Japanese automaker Toyota experienced a significant surge of 5% on Tuesday following the company’s announcement that it will introduce a complete range of battery electric vehicles (EVs) featuring “next generation” batteries starting in 2026. Toyota’s new EV unit, called BEV Factory, which was established in May, will be responsible for the…
Eurobio Scientific to acquire Diagnostic International Distribution in Italy
PARIS, FRANCE: Eurobio Scientific , a leading French group specializing in specialty in vitro medical diagnostics, has announced its intention to acquire 100% of the capital of Diagnostic International Distribution SPA (“DID”), a prominent company focused on the distribution of in vitro diagnostic tests in Italy. The acquisition, which is expected to be completed within…
ECS Botanics Holdings launches Investor Hub
SYDNEY, AUSTRALIA: ECS Botanics Holdings, a leading medicinal cannabis company, announced the launch of its new Investor Hub. The ECS Botanics Investor Hub is a platform specifically designed for investors to gain a deeper understanding of ECS Botanics and its activities. Apart from sharing ASX announcements, ECS Botanics will regularly upload supplementary content to the…
IGO Limited appoints Ivan Vella as new CEO and Managing Director
Perth, Australia: IGO Limited has announced the appointment of Mr Ivan Vella as its new Chief Executive Officer (CEO) and Managing Director. The selection of Mr Vella concludes an extensive global search and assessment process following the untimely passing of former CEO Peter Bradford in October 2022. The appointment highlights IGO’s commitment to securing top-tier…
Exchange rates for GBP against major currencies on June 13, 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 1.1614 Pounds to Euros GBP-USD 1.2538 Pounds to Dollars GBP-NZD 2.0448 Pounds to New Zealand Dollars GBP-AUD 1.854 Pounds to Australian…
GlobalFoundries and Lockheed Martin Form Partnership on Semiconductor Supply for Defense Systems
In a major move aimed at bolstering national security, GlobalFoundries, a leading semiconductor manufacturing company, and Lockheed Martin, a renowned missile manufacturer, have announced a strategic collaboration to ensure a reliable domestic supply of semiconductors for defense systems. The partnership, unveiled on Monday, aligns with the United States government’s CHIPS and Science Act, which aims…
tem, a renewable energy startup, raises £2.5 million in seed funding
London: tem, a pioneering renewable energy startup, announced today that it has successfully raised £2.5 million in seed funding in a round led by AlbionVC, a prominent venture capital firm. The funding will be utilized to expand the tem team, further develop their innovative AI-driven platform, and open it up to a wider customer base….
Gulf International Bank Signs Silver Sponsorship Agreement with Al Nassr Football Club
Riyadh: Gulf International Bank – Saudi Arabia (GIB) has signed a three-year silver sponsorship agreement with Saudi Al Nassr Football Club as of 1 July 2023 as part of its commitment to supporting the development of Saudi sports. This partnership is part of GIB’s commitment to helping to develop the sports sector in the Kingdom…
Factors to consider when making investment decisions
It is important to invest in gambling sweet bonanza freeplay in order to achieve financial goals and ensure a secure and stable future. However, this can be very challenging. There are many factors that you must take into account to make informed decisions and they are below. Reason of investment Getting into the market is…
HSBC launches innovation banking division, expanding into technology and life sciences
HSBC, the FTSE 100 lender, has announced the establishment of a new global division called Innovation Banking, signaling its entry into the technology and life sciences sectors. The initiative includes the integration of the former UK arm of Silicon Valley Bank (SVB), which HSBC rescued earlier this year. The launch of Innovation Banking took place…
Tremor International announces rebranding as Nexxen, unifying products and platforms
LONDON, UK: Tremor International Ltd., a global leader in data-driven video and Connected TV advertising technology, has unveiled a comprehensive rebranding initiative that consolidates its portfolio under the unified brand name Nexxen. The strategic move aims to streamline operations and enhance the company’s ability to deliver effective and targeted advertising solutions across all screens, with…