UK-based fashion retailer, Quiz, reported a decline in sales over the past two months as shoppers grappled with rising living costs. While the company’s revenues for the past year rose, Quiz noted that like-for-like revenues for February and March were…
Sega, the Japanese gaming giant, made a massive offer of 706 million euros ($776 million) to acquire Rovio Entertainment Oyj, the creator of the famous puzzle game Angry Birds, on Monday. The deal is intended to be for the entirety…
PARIS, FRANCE: TotalEnergies has recently made an announcement regarding the delivery of their first cargo of liquefied natural gas (LNG) to the Dhamra LNG terminal located in the Indian state of Odisha. The terminal is owned and operated by Adani…
MOSCOW, RUSSIA: X5 Group, a leading Russian food retailer, announced an agreement to acquire Tamerlan, which operates the Pokupochka and PokupALKO retail chains in the Southern Federal District and the Stavropol Territory of Russia. The deal has been approved by…
SYDNEY, AUSTRALIA: AF Legal Group Limited (ASX: AFL) has announced the resignation of Ms Stace Boardman as its Chief Executive Officer (CEO) as she wishes to explore other opportunities. Ms Boardman will continue to work as a consultant for the…
MANAMA, BAHRAIN: Al Salam Bank has launched Samsung Wallet, a new and secure payment method that allows clients to make contactless payments using their Samsung devices at any point-of-sale or payment system. With facial or fingerprint recognition, a PIN code,…
SYDNEY, AUSTRALIA: AVADA Group Limited (ASX: AVD), a traffic management operator, has announced the acquisition of Wilsons TM Limited, the largest traffic management company in the South Island of New Zealand. AVADA NZ Limited, a subsidiary of AVADA, has signed…
Mews, a Prague-based leader in hospitality technology and cloud-based property management systems (PMS), has recently acquired Hotello, a Montreal-based cloud property management system (PMS) for hotel properties, in a deal that was led by Mews Ventures, the investment and venture…
Prometheus Biosciences Inc is set to be acquired by Merck & Co for approximately $10.8 billion, according to a joint statement released by the two companies on Sunday. The acquisition will enable Merck to strengthen its position in the field…
Panasonic Holdings, a major supplier of batteries to electric vehicle manufacturer Tesla Inc., has revealed that it is considering constructing a battery plant in Oklahoma, marking its third facility in the United States. This decision follows surging sales of electric…
Members of the GMB union at Amazon’s Coventry fulfilment centre will walk out on Sunday for three days. Further strikes are planned from April 21 to 23. The Coventry site, also known as a ‘cross dock facility’, processes a huge…
FNZ, the global wealth management platform, has partnered with Virgin Money, the full-service digital bank serving 6.6 million customers across the UK, to launch a new digital investment solution for UK retail investors. The joint venture, Virgin Money Investments, has…