SYDNEY, AUSTRALIA: Ardiden Limited announced the appointment of experienced mining executive, Mr Gregory Romain, to the role of Chief Executive Officer and Managing Director of the Company, effective 24 April 2023, or earlier by agreement. Gregory Romain will be based in Toronto, Ontario, which provides him efficient and timely access to oversee Ardiden’s 100%-owned Pickle…
Alstom to supply energy-efficient trams for Strasbourg network
Alstom has been selected by the Eurometropole of Strasbourg and CTS to supply new trams for the Strasbourg network. The first order comprises of 12 Citadis trams with an additional 10 to follow in the second phase. The framework agreement, which lasts for 8 years, includes the possibility of ordering more trams to meet the…
HydrogenPro and ANDRITZ partner to scale up green hydrogen technology for European market
OSLO, NORWAY: HydrogenPro, a Norwegian company that specializes in green hydrogen technology, has partnered with international technology group ANDRITZ to expand the manufacturing and assembly of electrolysers for the European market. This partnership will bring together HydrogenPro’s high-pressure alkaline electrolyser technology with ANDRITZ’s expertise in manufacturing and assembly. ANDRITZ aims to become a leading global…
UK inflation remains in double-digits in March, surprising economists
UK inflation unexpectedly remained in double digits in March as households continued to grapple with soaring food and energy bills. The Consumer Price Index (CPI) rose by an annual 10.1%, according to the Office for National Statistics, above a consensus projection of 9.8% in a Reuters poll of economists. This is a slight dip from…
Convatec acquires the anti-infective nitric oxide technology platform of 30 Technology
LONDON, UK: Convatec Group Plc has acquired the anti-infective nitric oxide technology platform of 30 Technology Limited which includes new product assets and research and development. In addition to applications in advanced wound care, Convatec will explore application of this highly innovative technology platform across its business categories. The innovative technology platform and new product…
Kromek and Analogic Collaborate on CZT-based Detector Solutions
LONDON, UK: Kromek Group plc (AIM: KMK) and Analogic Corporation announced on Tuesday that they have joined forces to collaborate on developing next-generation Cadmium Zinc Telluride (CZT) based detector solutions for Photon Counting Computed Tomography (PCCT) applications in the medical imaging and security sectors. The innovative technology of CZT-based PCCT detectors will enhance spatial resolution,…
Kistos Holdings agrees to acquire Mime Petroleum A.S.
LONDON, UK: Kistos Holdings (LSE: KIST) has reached a conditional agreement to acquire all of the outstanding shares of Mime Petroleum A.S. from Mime Petroleum S.a.r.l. On completion, the acquisition will add 24 MMboe of 2P reserves (operator estimate) plus 30 MMboe of 2C resources, increasing total Group reserves plus resources to approximately 80 MMboe….
Netflix to shut down DVD rental service after 25 years
After 25 years in operation, streaming giant Netflix has announced that it will officially close its DVD rental service, marking the end of an era for the company that helped revolutionize the way we watch movies and television shows. The decision to end the DVD rental service was confirmed by the company in a tweet…
San Francisco’s Evergrow raises $7M to fund more clean energy projects
Evergrow, a San Francisco-based provider of a platform for clean energy tax credits, has raised an additional $7 million in funding. This latest round, led by existing investors including First Round Capital, XYZ Venture Capital, Congruent Ventures, and Garuda Ventures, brings the total amount raised to $14 million. The company plans to use the funds…
Vinci Games announced successful closing of its seed funding round, raising $5.1 million
Vinci Games, a San Francisco-based virtual reality (VR) game studio, has announced the successful closing of its seed funding round, raising $5.1 million. Makers Fund led the round, with participation from Y Combinator, Soma Capital, Pioneer Fund, Anorak Ventures, BonAngels, and Twitch co-founder Kevin Lin. The funding will be utilized for the development of Vinci…
Goldman Sachs explores sale of Greensky as it scales down retail ambitions
Goldman Sachs Group Inc has announced that it is considering the sale of Greensky, its fintech business that facilitates home improvement loans to consumers. The announcement comes as part of Goldman’s efforts to scale down its retail ambitions and shift its focus to other strategic priorities. Goldman had acquired Greensky in September 2021 in a…
New rules deprive BMW, Hyundai, Nissan, Rivian, Volkswagen and Volvo cars of tax credit
The U.S. government has implemented electric vehicle tax rules slashing tax credits on some zero-emission models with effect from April 18, 2023. The new list published by the Treasury Department includes 16 U.S. manufactured models from Ford, General Motors, Tesla and Stellantis. Ten of the models on the new list will qualify for the full…