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 lower due to what it described as “challenging trading conditions”. The retailer also warned that…
G7 nations form alliance to create shared nuclear fuel supply chains
Five countries including the UK, US, Canada, Japan and France have announced plans to create shared nuclear fuel supply chains at the G7 talks in Sapporo, Japan. The move is aimed at reducing Russia’s stronghold on the global nuclear energy market and cutting off a means for President Vladimir Putin to fund the invasion of…
Sega offers $776 million for Angry Birds maker Rovio Entertainment
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 of Rovio’s outstanding shares and options, with the stocks valued at 9.25 euros per share…
TotalEnergies delivers first LNG cargo to India’s Dhamra terminal
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 Total Private Limited (ATPL), a joint venture between TotalEnergies and Adani. This delivery marks the…
X5 to acquire Tamerlan which operates the Pokupochka and PokupALKO retail chains
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 the Federal Antimonopoly Service (FAS) of the Russian Federation. Under the transaction, X5 will acquire…
AF Legal Group CEO, Stace Boardman has resigned
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 company until the end of July 2023 to ensure a smooth transition. The AFL Chairman,…
Al Salam Bank introduces Samsung Wallet, enabling secure contactless payments
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, or One-Time Password authentication options, clients can rest assured that each transaction is secure. Approved…
AVADA Group acquires NZ’s largest traffic management company, Wilsons TM Limited
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 a binding agreement to acquire all the issued share capital of Wilsons Traffic Management, which…
Prague’s Mews acquires Montreal-based Hotello to expand in North America
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 arm of the company. While the financial terms of the acquisition have not been disclosed,…
Merck to acquire Prometheus Biosciences for $10.8bn to bolster immunology presence
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 of immunology, with one of its subsidiaries paying $200 per share for the biotech firm…
7 Factors to Consider When Buying a Car: A Comprehensive Guide
Buying a car is an essential part of life these days, whether you’re in need of a reliable mode of transportation or just looking to upgrade your existing ride. The experience can be exciting, but it also comes with its fair share of stress and decisions. What type should you get? Should you buy new…
Useful Information You Should Know About Wage Garnishment
If you’re being threatened with a wage garnishment, it can be scary and overwhelming to think about how this will affect your finances. Just know that you have rights as a worker in the United States, and there are certain restrictions concerning wage garnishment set out by the federal government. In this post, we’ll explain…