LONDON, UK: Cordel Group PLC, the Artificial Intelligence platform for transport corridor analytics, has announced the appointment of John Davis as the new Chief Executive Officer with immediate effect. Mr. Davis has been a non-executive director of the Company since 2018 and has served as Interim CEO since March 1, 2023. With his appointment, Davis…
IK Partners agree to acquire Medica Group for £269 million
LONDON, UK: Moonlight Bidco Limited, a newly incorporated wholly-owned subsidiary of funds advised by IK Investment Partners Limited reached an agreement on the terms and conditions of a recommended all cash offer to acquire Medica Group plc by means of a scheme of arrangement. Under the terms, each Medica Group shareholder will receive 212 pence…
Vivo launches two new foldables in the Chinese Market – Vivo X Flip and Vivo X Fold 2
Vivo has recently launched two new foldable phones in the Chinese market – Vivo X Flip and Vivo X Fold 2. Both these foldables feature Zeiss branded cameras and come with tried and tested fold and flip form factors. In this blog, we will take a closer look at both these foldables and their features….
Realme’s 11 Series smartphones to feature new design and impressive camera capabilities
In the highly competitive world of smartphone technology, Realme is one of the brands that has been making a lot of noise in recent years. The Chinese company has been gaining popularity among consumers for its affordable yet high-performance devices that often boast impressive features. Now, reports suggest that Realme is getting ready to launch…
GM recalls 40,428 Chevrolet Silverado trucks over potential brake fluid leak
General Motors (GM) has announced a recall of certain Chevrolet Silverado medium-duty trucks for model year 2019 or later due to a potential brake fluid leak that could result in a fire. According to documents posted by U.S. safety regulators on Saturday, the recall affects 40,428 vehicles, including 4500HD, 5500HD, and 6500HD models with model…
Acer unveils new Swift X 16 laptop for creative professionals
Acer has recently launched the Acer Swift X 16 (SFX16-61G), an advanced laptop designed to meet the demands of creative professionals. The sleek and thin laptop comes packed with a range of performance-packed features, including AMD Ryzen 9 7940H processor and NVIDIA GeForce RTX 4050 Laptop GPUs with NVIDIA Studio Drivers to help users elevate…
Walmart sells online apparel brand Eloquii to FullBeauty Brands in 3rd divestiture this year
Walmart has announced the sale of its online apparel brand Eloquii to FullBeauty Brands, marking the company’s third divestiture of a direct-to-consumer brand this year. The retailer sold Bonobos to WHP Global and Express earlier in April, and in February, it offloaded Moosejaw to Dick’s Sporting Goods. These sales represent a reversal of a 2017-18…
Fiona Clutterbuck appointed as non-executive Chair of UK investment platform, AJ Bell
LONDON, UK: AJ Bell, one of the UK’s largest investment platforms, has announced the appointment of Fiona Clutterbuck as its new non-executive Chair, effective from 1 May 2023. The board believes that Clutterbuck, who has previously served as a non-executive director for Hargreaves Lansdown and chair of Paragon Banking Group, is well-suited to lead the…
RHI Magnesita acquires Europe, India, US operations of Seven Refractories for €93mn
LONDON, UK: RHI Magnesita, a global leader in refractories, has announced its acquisition of the Europe, India, and US operations of Seven Refractories for approximately €93 million in cash. Seven Refractories specializes in non-basic monolithic refractory mixes, which have a wide range of applications across several customer segments, including iron and steel, cement, aluminum, and…
Britten-Norman and CAeS merge to create zero-emissions sub-regional aircraft by 2026
LONDON, UK: HydrogenOne, a fund based in London that invests in clean hydrogen for positive environmental impact, has announced a £7 million investment in Cranfield Aerospace Solutions Ltd (CAeS) on March 24, 2022. Today, HydrogenOne and its co-investors are excited to announce that Britten-Norman, the manufacturers of the Islander aircraft, and CAeS, pioneers in hydrogen-electric…
Google’s Pixel 8 and Pixel 8 Pro flagship phones, slated for release in October
Google is set to release its highly anticipated Pixel 8 and Pixel 8 Pro flagship phones in October, with rumors and leaks already giving us a glimpse of what we can expect from these devices. Both phones are expected to be unveiled via a livestream event in early October, with a release date later in…
Equatorial Resources acquires Nimba Alliance Iron Ore Project in Guinea
SYDNEY, AUSTRALIA: Equatorial Resources Limited has signed a conditional agreement to acquire the Nimba Alliance Iron Ore Project in Guinea, West Africa. The acquisition is in line with Equatorial’s strategic focus on large-scale exploration and development of iron ore assets situated within clusters of major iron ore projects. The purchase is subject to due diligence…