Tesla has extended its global discount campaign, which it began in China in January, to Europe, Israel and Singapore, with the aim of boosting demand. However, the move has raised concerns about the company’s high profit margin. Despite offering discounts…
Ripple, a blockchain technology firm, has unveiled its latest product, the Ripple Liquidity Hub, to assist businesses with their cryptocurrency liquidity requirements. According to the company, the new system is available to help companies manage their cryptocurrency liquidity needs easily…
Ford Motor has received approval for its BlueCruise technology in the UK, which will allow drivers to legally take their hands off the wheel while driving on certain motorways. The “hands-off, eyes-on” technology is designed to control steering, acceleration and…
On Thursday, Walmart announced the sale of men’s clothing brand Bonobos to brand management firm WHP Global and Express for $75 million. This is the second direct-to-consumer brand Walmart has sold this year, following the sale of Moosejaw to Dick’s…
LONDON, UK: Atrato Onsite Energy plc (LSE: ROOF), the investment company focusing on clean energy generation, announced the acquisition of a ready-to-build 50MW solar project in Richmond, North Yorkshire. The ground mounted project will be constructed under a fully wrapped…
LONDON, UK: Sussex Bidco LP, a newly-formed limited partnership indirectly owned by investment funds advised by affiliates of Blackstone Inc., has agreed to acquire Industrials REIT Limited at the rate of 168 pence in cash for each share. The acquisition…
LONDON, UK: YouGov Plc, the international research and data analytics group, announced the appointment of Steve Hatch as Chief Executive Officer. Steve Hatch will join the Company on 1 August 2023, succeeding Stephan Shakespeare who will assume the role of…
SYDNEY, AUSTRALIA: Best & Less Group Holdings Limited (ASX:BST) announced the appointment of Erica Berchtold as Chief Executive Officer, effective 4 September 2023. Erica is a highly regarded senior retail leader with over 20 years’ industry experience and a strong…
ABU DHABI, UNITED ARAB EMIRATES: Burjeel Holdings, one of the largest healthcare service providers in the Middle East and North Africa (MENA) region, has announced a partnership with OncoHelix Inc. to establish a cutting-edge laboratory in Abu Dhabi. The lab…
PARIS, FRANCE: European cybersecurity software publisher, WALLIX, has launched We Edu, a program that aims to train cybersecurity students in a leading Privileged Access Management (PAM) solution. The program provides educational resources and licenses of WALLIX PAM4ALL, a unified digital…
LONDON, UK: Pennant International Group (AIM: PEN) has acquired the entire issued share capital of Track Access Productions Limited (TAP). Based in Bedfordshire, Track Access Productions (TAP) was established in 2001 and provides driver training, route mapping and route familiarisation…
SYDNEY, AUSTRALIA: Advanced technology investor PPK Group Limited (ASX: PPK) announced its portfolio company BNNT Technology has signed its first defence sector collaboration agreement with survivability systems specialist TenCate Advanced Armor. Entry into this agreement follows two years of continuous…