PARIS, FRANCE: TotalEnergies, a French multinational energy company, has acquired Iber Resinas, a Spain-based company that specializes in the mechanical recycling of plastics for sustainable applications. The move is expected to increase TotalEnergies’ production of circular polymers in Europe, broaden its range of recycled products, and improve its access to feedstock through Iber Resinas’ network…
Orascom Investment announces a partnership with BluEV
CAIRO, EGYPT: Orascom Investment Holding (OIH) has forged a groundbreaking partnership with BluEV, poised to shake up the light mobility industry in Egypt and beyond. This game-changing collaboration harnesses the unique expertise of BluEV’s founding team in tech and mobility engineering, along with OIH’s visionary leadership, global reach, and resources, to create a platform that…
Kriya Patel appointed CEO of Tap Global Limited
LONDON, UK: Tap Global Group Plc, the regulated crypto app bridging the gap between traditional finance and blockchain technology, announced the appointment, with effect from 12 June 2023, of Kriyakant “Kriya” Patel as Chief Executive Officer of Tap Global Limited (TGL), the Company’s wholly owned operating business. He will report to the Tap Board of…
Reabold Resources acquires 3.1% interest in LNEnergy for £250,000
LONDON, UK: Reabold Resources, the oil and gas investing company, has entered into a conditional subscription and option agreement with LNEnergy to acquire an initial 3.1% interest in the firm for £250,000. The deal also includes options for Reabold to purchase further shares that would increase its stake in LNEnergy to 25% for a total…
JD Sports Fashion to acquire Groupe Courir S.A.S for an enterprise value of €520 million
LONDON, UK: JD Sports Fashion has entered into exclusive negotiations with the owners of Groupe Courir S.A.S with regards to the potential future acquisition of 100% of the issued share capital of Groupe Courir for an enterprise value of €520 million. The business is currently majority owned by Equistone Partners Europe which acquired Courir in…
Acelyrin, RTW Venture Fund’s Portfolio Company, Raises $540 Million in IPO
LONDON, UK: RTW Venture Fund’s portfolio company, Acelyrin, Inc. announced the pricing of its initial public offering (IPO) and admission to trade on Nasdaq Global Market under the ticker symbol “SLRN.” The IPO raised $540 million by offering 30 million shares at $18.00 per share. The company’s share price traded up by 30.55% on the…
Kin and Carta has acquired Edinburgh-based Forecast Data
LONDON, UK: Kin and Carta plc, the global digital transformation (DX) consultancy, announced the acquisition of Forecast Data, a global data service provider, further strengthening its high quality data and artificial intelligence (AI) services. Edinburgh-based Forecast Data uses advanced AI and machine learning to drive business performance. The acquisition builds on the successful previous acquisitions…
A digital currency plan
A digital currency plan is a proposal by a central bank to issue a new form of money that is digital and can be used for everyday payments by households and businesses. A digital currency issued by a central bank is also known as a central bank digital currency (CBDC)1. This is important because it could offer…
Bank of Canada seeks public input on digital currency plan
The Bank of Canada (BoC) is asking Canadians for their views on how a digital version of the national currency could look and function, as part of its research on the potential benefits and risks of issuing a digital Canadian dollar. The BoC launched a public consultation on Monday, inviting Canadians to share their opinions…
UK Government Eyes Crypto Wallets of Tax Evaders
The UK government is reportedly exploring the possibility of giving the HM Revenue & Customs Department (HMRC) the authority to access digital assets from online wallets of companies that owe tax. The proposal comes as part of new regulations that aim to normalize digital asset payments. UK Taxpayers Could Pay $12 Million More in Crypto…
Sailing the Adriatic: A Guide to Island-Hopping in Croatia
Croatia is a country known for its stunning coastline, crystal-clear waters, and picturesque islands. One of the best ways to explore this beautiful country is by taking a sailing trip around the Adriatic Sea. With over a thousand islands to explore, it can be overwhelming to plan an itinerary. In this guide, we’ll take you…
Overlooked Benefits of Teaching Kids to Code
In today’s technology-driven world, parents and educators often emphasize the importance of learning coding skills for future career prospects. However, many mistakenly believe that coding is something kids should begin doing in high school and college. Rarely is a parent or even educators aware of what coding is actually teaching. In reality, there are a…