LONDON, UK: HSBC Holdings plc announced that its UK ring-fenced subsidiary, HSBC UK Bank plc, is acquiring Silicon Valley Bank UK Limited (SVB UK) for £1. As at 10 March 2023, SVB UK had loans of around £5.5bn and deposits…
SYDNEY, AUSTRALIA: QMines Limited has executed an exclusive option agreement with Queensland Critical Minerals Limited (QCML) for the divestment of its non-core gold and base metal exploration projects, Silverwood, Warroo and Herries Range. The projects are all located in South…
Saudi Arabia’s oil giant Aramco reported a record net income of $161.1 billion for 2022 (46.5% higher than previous year’s $110 billion), the largest annual profit ever achieved by an oil and gas company, CNBC reported. Aramco said net income…
Saudi Arabia’s Crown Prince Mohammed bin Salman formally announced on Sunday the creation of a new national airline, Riyadh Air. Industry veteran Tony Douglas will be the chief executive. Riyadh Air will will serve more than 100 destinations around the…
LONDON, UK: Nostrum Oil & Gas Plc (LSE: NOG) has agreed to acquire 80% of Positive Invest LLC, which holds the subsoil use right to the contract No. 25 for estimation, development and production of hydrocarbons for the area “Kamenskoe”…
LONDON, UK: Robert Walters plc (LSE: RWA), the leading international recruitment group, today announces that Robert Walters, Chief Executive Officer has decided to retire as CEO and will step down from the Board with effect from 27 April 2023, the…
LONDON, UK: Versarien plc (AIM: VRS), the advanced materials engineering group, announced that Neill Ricketts has resigned as Chief Executive Officer of the Company. The executive directors will continue to manage the Company supported by the non-executive directors. The Board…
SYDNEY, AUSTRALIA: AusCann Group Holdings (ASX: AC8) has entered into a Share Sale Agreement with Animal Health Holdings (AHH) to divest a 52% interest in its animal health business, CannPal Animal Therapeutics. The partial divestment is a separate and independent…
SYDNEY, AUSTRALIA: CountPlus Limited (ASX: CUP) has finalised terms for the strategic acquisition of Affinia Financial Advisers Limited from TAL. CountPlus’ market share in wealth will leap on completion adding more than 100 high quality advisers to CountPlus’ national community….
PARIS, FRANCE: Eutelsat Communications has signed a multi-orbit agreement with Intelsat to enhance connectivity solutions over Europe, the Middle East, and the Pacific, including OneWeb services. Under this new seven-year multi-million-euro capacity agreement with a progressive roll-out of assets over…
LONDON, UK: Ananda Developments Plc has agreed to acquire MRX Global Ltd and its subsidiary, MRX Medical Ltd. MRX has invented a proprietary method to formulate cannabis medicines, the first of which, MRX1, is to be used in two Phase…
LONDON, UK: Gelion Plc (AIM: GELN), the Anglo-Australian battery innovator, announced the acquisition of the Lithium Sulfur and Silicon Anode (LiSiS) patent portfolio (including solid and liquid electrolytes, disordered rock salt, electrode formulation and battery materials recycling) from Johnson Matthey…