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 1.1641 Pounds to Euros GBP-USD 1.2687 Pounds to Dollars GBP-NZD 2.0635 Pounds to New Zealand Dollars GBP-AUD 1.9072 Pounds to Australian…
Japan launches new stock index to showcase corporate value
Japan has launched a new stock index on Monday, making it easier for investors to identify corporate value in the equity markets, in a move to strengthen corporate governance reforms in the world’s third-largest economy. The new JPX Prime 150 Index is a curated list of the 150 constituent listings on the Tokyo Exchange, which…
ADNOC Gas awards $1.34 billion contracts for gas pipeline expansion
ABU DHABI, UAE: ADNOC Gas, the world-class integrated gas processing company, has announced the award of $1.34 billion in contracts to Petrofac Emirates LLC and the Consortium between National Petroleum Construction Co. PJSC and C.A.T International Ltd. for the expansion of its natural gas pipeline network. The contracts are part of the sales gas pipeline…
Atos enters into exclusive negotiations for the sale of EcoAct SAS
PARIS, FRANCE: Atos Group, a global leader in digital transformation, today announces that it has entered into exclusive negotiations with Schneider Electric for the sale of 100% of EcoAct SAS and its subsidiaries. With this potential transaction, Atos would secure its divestment program of non-core assets while engaging in a strategic partnership with Schneider Electric…
Sidetrade acquires CreditPoint Software to boost its B2B credit risk management offering
PARIS, FRANCE: Sidetrade, the global leader in AI-powered Order-to-Cash solutions, has announced that it has finalized an agreement to acquire the entire business of CreditPoint Software, a leading provider of real time B2B credit risk management solutions. The deal, which was signed on January 31, 2023, will enable Sidetrade to enhance its solution for B2B…
CACEIS completes acquisition of RBC’s European asset servicing business
LONDON, UK: CACEIS, a subsidiary of the Crédit Agricole group and Santander, and Royal Bank of Canada (RBC) have announced the completion of the sale by RBC and purchase by CACEIS of the European asset servicing activities of RBC Investor Services and its associated Malaysian centre of excellence. The transaction, which has received all required…
Desert Control enters strategic agreement for the Kingdom of Saudi Arabia
SANDNES, NORWAY: Desert Control AS has entered into an agreement with Holistic Earth Advanced Regeneration Technologies SA (H-EART) to become a licensed operator for production, sales, distribution, and implementation of Liquid Natural Clay (LNC) in the Kingdom of Saudi Arabia (KSA). The agreement marks a significant milestone in Desert Control’s transition to a royalty-based licensed…
StrongPoint ASA agrees to acquire Hamari Group
OSLO, NORWAY: StrongPoint ASA has agreed on a share purchase agreement to acquire 100% of the shares in Brand ID Hamari Group Oy (Hamari Group). Completion of the transaction is subject to certain conditions set out in the share purchase agreement. Hamari Group is a retail technology solutions company that provides services and installation of,…
ITM Power announces strategic collaboration with Mott Corporation
LONDON, UK: ITM Power is partnering with Mott Corporation to cement ITM’s market leadership in electrolyser stack technology. Leveraging both companies’ expertise in science and technology, ITM and Mott are collaborating to further advance porous transport layers (PTL), which are a key component of proton exchange membrane (PEM) electrolysis. ITM’s stacks operate at the highest…
Saint-Gobain sells its glass processing business in Portugal to PNI Portugal
LONDON, UK: Saint-Gobain, a global leader in building materials and solutions, has announced the sale of COVIPOR, its glass processing business in Portugal, to PNI Portugal & Permanente SA, a Portuguese company specialized in glass and aluminum products. The deal, which was signed through a binding agreement, involves two industrial locations in the Porto area…
Dr Gerry Murphy will join Tesco Board and be appointed Chair
LONDON, UK: Tesco PLC announced that Dr Gerry Murphy will join the Board and be appointed Chair on 1 September 2023. Gerry Murphy has extensive global leadership experience in both executive and non-executive roles. He is currently Chair of Burberry Group plc and Tate & Lyle PLC. He will step down from Tate & Lyle…
John Wood secures major $250m contract extension in Brunei
LONDON, UK: John Wood Group PLC has been awarded a contract extension worth approximately $250 million (USD) by Brunei Shell Petroleum (‘BSP’), Brunei’s largest energy producer. The two-year extension will focus on the continued rejuvenation of BSP’s offshore energy asset portfolio to maximise production capacity and efficiency. The scope of the contract includes brownfield engineering,…