OSLO, NORWAY: Wilh. Wilhelmsen Holding ASA, a leading maritime industry group, has announced its intention to acquire all outstanding shares in Treasure ASA that are not already owned by Wilh. Wilhelmsen Holding. The offer, outlined in the offer document prepared by Wilh. Wilhelmsen Holding, aims to provide a liquidity event for all Treasure shareholders. The…
UK Consumers Embrace Embedded Finance, Opting for Streamlined Payment Experiences
A new study from Marqeta, the card issuing platform, has revealed that embedded finance is experiencing significant growth in the UK, with consumers increasingly embracing the convenience it offers, particularly in the realm of payments. The annual ‘State of Payments’ report surveyed 4,000 consumers across three continents, including 1,000 from the UK. The findings indicate…
Apple acquires AR startup Mira
Tech giant Apple has reportedly acquired Mira, a Los Angeles-based augmented reality (AR) startup. The news of the acquisition was revealed through the CEO of Mira on their private Instagram account, according to reports from The Verge. Mira is known for its headset technology featured in the Super Nintendo World experience, specifically in the popular…
Australia’s First-Quarter GDP Growth Below Expectations, Reflecting Slowdown
Australia’s gross domestic product (GDP) expanded by 2.3% year-on-year in the first quarter, slightly below analyst expectations, according to data from the country’s Bureau of Statistics. Economists surveyed by Reuters had anticipated a growth rate of 2.4%, compared to the 2.7% expansion recorded in the previous quarter of 2022. On a quarter-on-quarter basis, GDP increased…
Catapult enhances Pro Video Suite in European Football Season
SYDNEY, AUSTRALIA: Catapult Group International Limited (ASX: CAT), the global leader in performance technology for elite sports, has announced a series of innovative updates to its Football (Soccer) Pro Video Suite. These enhancements aim to provide teams with deeper insights and time-saving features for the upcoming European season. The latest upgrades include improved workflows, smarter…
Green Critical Minerals executes term sheet to acquire Sally Downs Tenement Package
SYDNEY, AUSTRALIA: Green Critical Minerals GCM), a leading graphite exploration and development company, has successfully executed a term sheet for the option to acquire 100% ownership of the Sally Downs tenement package. The acquisition will encompass the north and adjacent areas to the renowned McIntosh Graphite Project, strategically aligning with GCM’s development strategy. By acquiring…
Tech Foundations unveils transformation plan and upgraded ambitions
PARIS, FRANCE: Atos’ business division, Tech Foundations, held an Analyst Day event today to showcase its successful transformation plan and announce upgraded ambitions for 2026. The division focuses on managed services, with a particular emphasis on hybrid cloud infrastructure, employee experience, and technology services. Nourdine Bihmane, CEO of Atos Group and co-CEO in charge of…
Nanoveu’s Nanoshield Solar makes US market debut with trial installation in Tennessee
SYDNEY, AUSTRALIA: Nanoveu Limited, a company specializing in protective films and coatings, has announced its entry into the US market with the first trial installation of Nanoshield Solar technology. The company has signed a Memorandum of Understanding (MOU) to establish a demonstration and test facility in McMinnville, Tennessee, USA. This installation will serve as the…
Vection Technologies agrees to acquire the business of Invrsion S.r.l
SYDNEY, AUSTRALIA: Vection Technologies Ltd (A5X:VR1, OTC:VCTNY), the integrated extended reality (XR) company, has announced the signing of a binding agreement to acquire the business of Invrsion Srl, a leading technology company focused on 3D and mixed reality solutions for the fashion, retail consumer goods, and real estate sectors. This strategic acquisition strengthens Vection Technologies’…
WE Soda confirms intention for initial public offering, reveals offer details
LONDON, UK: London-based WE Soda, the world’s largest producer of natural soda ash, has officially announced its plan to undertake an initial public offering (IPO) following its previous indication. The company aims to list its shares on the premium segment of the Official List of the Financial Conduct Authority and trade on the London Stock…
Subway Unveils Ambitious Expansion Plan to Multiply Its Presence in China by Sevenfold
In a major move that has caught the attention of the global fast-food industry, Subway, the renowned sandwich chain, has announced its plans to significantly expand its operations in China. The company revealed on Tuesday its intention to open nearly 4,000 new stores across mainland China over the next two decades. This endeavor will result…
Exchange rates for GBP against major currencies on June 7, 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 1.1622 Pounds to Euros GBP-USD 1.2419 Pounds to Dollars GBP-NZD 2.0451 Pounds to New Zealand Dollars GBP-AUD 1.8598 Pounds to Australian…