HELSINKI, FINLAND: Lhyfe has acquired a 49% stake in the Finnish company Flexens, a developer of renewable and green hydrogen and Power-to-X projects. This is the first investment for Lhyfe, which illustrates its desire to expand rapidly in countries with big plans for renewable and green hydrogen. The move will accelerate the commercial deployment and…
Vital Metals CEO John Dorward has resigned
SYDNEY, AUSTRALIA: Vital Metals Limited announced John Dorward has resigned as a Director of the Company immediately and as CEO with three months’ notice. In December 2022, Vital Metals announced its pivot strategy with a sharper focus on developing the Tardiff Deposit at the Nechalacho Project, and the Company will conduct an international search for…
Helloworld Travel to acquire 34% stake in Australiareiser
SYDNEY, AUSTRALIA: Helloworld Travel Limited (ASX: HLO) has agreed to acquire a 34% stake in Oslo based B2C travel business, Australiareiser from its founders. Founded by Oslo based CEO Rolf Kjeseth in 2005, Australiareiser is a B2C operation and is the largest specialist travel wholesaler from Scandinavia to Australia, New Zealand and the South Pacific…
Is UK prepared for a possible outbreak of avian flu among humans
Avian flu is infecting wild bird populations across the globe, with 175 confirmed cases in the UK since October last year. Britain is not prepared for a possible spill-over of the bird flu virus into humans. According to Evening Standard, Dr Nicole Robb, Assistant Professor at Warwick University, said the UK’s testing capacity is currently…
Amazon.com Inc announces another 9,000 jobs cut
Amazon.com Inc on Monday said it would cut another 9,000 jobs totaling 27,000 job cuts in recent months. In a note to staff posted online, CEO Andy Jassy said the decision stemmed from ongoing analysis of priorities and uncertainty about the economy. Whereas prior cuts had focused on the company’s e-commerce and devices business as…
Planning for A Brighter Financial Future
It’s easy to lose sight of the larger picture when it comes to your finances and get bogged down in the details. But, achieving financial security requires forethought and planning that will pay off in the long run. The goal is not short-term wealth but rather long-term stability and comfort. According to the experts at…
Is Being a YouTuber a Real Career?
When on YouTube, people often struggle to limit their screen time. It’s only a matter of time before you see an exciting intro made using the best YouTube intro maker, such as Vista Create, and find yourself entirely absorbed in watching half a dozen videos. While watching all those videos and coming across many different…
The Benefits Of Using Pallet Racking System For Your Business
As a business owner, you know how important it is to ensure your products are stored safely and efficiently. Pallet racking systems offer the perfect storage solution for businesses of all sizes, allowing them to maximize their warehouse space while keeping their inventory organized. If you need storage solutions for your office space, you can…
Flagstar Bank will purchase deposits, loans and branches from recently closed Signature Bank
Flagstar Bank, a subsidiary of New York Community Bancorp, has entered into an agreement with the Federal Deposit Insurance Corporation (FDIC), to purchase deposits and loans from New York-based Signature Bank. Flagstar Bank will assume substantially all of Signature Bank’s deposits, some of its loan portfolios and all 40 of its former branches. Roughly $60…
Lhyfe and Centrica to jointly develop UK’s first offshore renewable green hydrogen
NANTES, FRANCE: Lhyfe and Centrica have agreed to jointly develop offshore renewable green hydrogen in the UK in a first for the country. The companies have signed a memorandum of understanding (MoU) that could accelerate green hydrogen as part of the energy transition in the UK. Under the agreement, Lhyfe and Centrica will explore combining…
HydrogenPro will invest $50 million as first major step into the US market
OSLO, NORWAY: HydrogenPro will take its first major step into the US market with the establishment of 500 MW manufacturing capacity in Texas, US, with an estimated total investment cost of USD 30-50 million. The brownfield investment includes a separate advanced electrode manufacturing facility, representing a technology game changer in the HydrogenPro solutions offering. This…
Pakistan’s textile sector exports decline by 11%
KARACHI: Pakistan’s textile sector exports declined by 11% in 8MFY23 (July-February 2022-23) to stand at US$11.2bn vs. US$12.6bn in the same period last year. The slowdown is mainly attributable to global recession resulting in lower export orders coupled with challenging domestic environment, an analyst at Insight Securities said. Segment-wise, value-added products (Knitwear, Bedwear, Towels, Readymade…