LONDON, UK: Taylor Maritime Investments Limited, the specialist dry bulk shipping company, has announced that Henry Strutt has been appointed as non-Executive Chair of the Company with effect from 1 June 2023. Henry brings extensive financial services experience from his time spent in senior positions at several financial institutions, including Robert Fleming Group of Companies,…
Anglo American announces senior management and organisational changes
LONDON, UK: Anglo American plc, one of the world’s largest mining companies, has announced a number of changes to its senior management team and to its organisation, to lead the next phase of value delivery. The changes include the appointment of new executives for some of its key functions and business segments, such as De…
Barratt Developments signs Scottish Safer Buildings Accord
LONDON, UK: Barratt Developments plc, one of the largest residential property development companies in the United Kingdom, has announced that it has signed the Scottish Safer Buildings Accord, an industry commitment supporting the remediation and / or mitigation of external wall cladding systems on buildings of 11 metres and above, in Scotland. The Accord is…
National Bank reports 5% drop in net income for Q2 2023
MONTREAL: National Bank of Canada, one of the country’s largest banks, has reported a 5% decrease in net income for the second quarter of 2023, compared to the same period last year. The bank’s net income for the quarter stood at $847 million, or $2.38 per diluted share, down from $889 million, or $2.53 per…
TotalEnergies signs production sharing contract for the Agua Marinha offshore block
PARIS, FRANCE: TotalEnergies and its co-venturers Petrobras, QatarEnergy and PETRONAS Petróleo Brasil Ltda (PPBL) have signed on 31 May 2023 the Production Sharing Contract (PSC) for the Agua Marinha block, which was awarded in the Open Acreage under Production Sharing Regime – 1st Cycle held by Brazil’s National Petroleum Agency (ANP) in December 2022. Agua…
Kerry Group acquires Colombian natural functional systems company Proexcar
LONDON, UK: Kerry Group plc, the global taste & nutrition company, has acquired 100% of the share capital of Proexcar S.A.S. for an initial consideration of US$44 million subject to routine closing adjustments, with a potential additional payment of up to US$18 million payable in 2025 based on achieving earn-out conditions. Proexcar is a Colombian…
Gold prices today – May 31, 2023
The price of gold closed at $1,958.3 per ounce on May 31, 2023, down 0.2% from the previous day. Here are some of the factors that are expected to impact the gold market in the coming months: It is difficult to predict how the gold market will perform in the coming months. However, the factors…
Exchange rates for GBP against major currencies on May 31, 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 1.1639 Pounds to Euros GBP-USD 1.2425 Pounds to Dollars GBP-NZD 2.067 Pounds to New Zealand Dollars GBP-AUD 1.9131 Pounds to Australian…
Huawei Mate X3: Everything you need to know
The Huawei Mate X3 is a high-end foldable smartphone that was released in 2023. It has a sleek and stylish design, with a large, foldable display that is perfect for watching videos, playing games, or working on projects. The Mate X3 is also powered by a powerful processor and has a long-lasting battery, making it…
Asda to buy EG Group’s UK and Ireland operations for £2.27bn
Asda, the British supermarket chain, has agreed to buy the majority of EG Group’s UK and Ireland operations for £2.27bn, including debt. EG Group is a forecourt and convenience retailer that owns more than 350 petrol stations and over 1,000 food-to-go outlets in the two markets. It also operates in the US, Australia and several…
Carnival UK announces new leadership structure
LONDON, UK: Carnival Corporation & plc, the world’s largest cruise company, has announced a new leadership structure for its UK operations, which include P&O Cruises and Cunard. Paul Ludlow, who has been leading P&O Cruises since 2017, will take on the additional role of Carnival UK president, overseeing both brands globally. He will also welcome…
Biologics Manufacturing Trends: Insights from Leading CDMOs
Biologics, a class of pharmaceutical products derived from living organisms, have revolutionized the field of medicine, offering highly targeted and effective treatments for a wide range of diseases. As the demand for biologics continues to grow, so does the need for efficient and reliable biologics manufacturing. Contract Development and Manufacturing Organizations (CDMOs) play a crucial…