OSLO, NORWAY: Smartoptics, a leading provider of optical networking solutions, today announced that Hetzner Online, a leading data center operator based in Germany, has chosen Smartoptics to upgrade its core network to 400G. The Smartoptics open line system solution is cost-efficient and easy to use. Hetzner Online, with hundreds of thousands of servers in operation,…
Ib Kunøe, Chairman Board of Atea ASA to step down
OSLO, NORWAY: Chairman Ib Kunøe has notified his intention to retire from the Board of Directors of Atea ASA following the Annual General Meeting on April 27, 2023. Since Ib Kunøe’s appointment as Chairman in 2006, the Atea Group has established itself as by far the market leader in IT infrastructure in the Nordic and…
TotalEnergies partners with Couche-Tard and sell its networks in Germany and the Netherlands
PARIS, FRANCE: TotalEnergies and Canadian convenience store leader Alimentation Couche-Tard (Couche-Tard) have signed agreements covering TotalEnergies’ retail networks in four European countries. Under these agreements, TotalEnergies will partner with Couche-Tard in Belgium and Luxembourg and sell its networks in Germany and the Netherlands to the Canadian firm: In Belgium and Luxembourg, TotalEnergies and Couche-Tard will…
Ørsted acquires 160 MW Irish solar project
OSLO, NORWAY: Ørsted has acquired the Irish solar project Garrenleen from renewable energy developer Terra Solar. The 160 MW solar farm is the company’s second solar project in Ireland and will be able to power up to 56,000 homes annually, making it one of the largest solar farms in the country. Subject to Ørsted’s final…
Prax Exploration & Production agrees to acquire Hurricane Energy for £249 million
LONDON, UK: Prax Exploration & Production PLC has reached an agreement to acquire entire issued and to be issued ordinary share capital of Hurricane Energy Plc by means of a court-sanctioned scheme of arrangement. Under the terms of the acquisition, which will be subject to the Conditions and further terms set out in Appendix I…
Goodbody Health launches mobile phlebotomy service
LONDON, UK: Goodbody Health (AQSE: GDBY) announced the expansion of services through partnerships and the launch of its new mobile phlebotomy service to develop and increase the reach of the phlebotomy services that Goodbody is able to offer. This allows testing to be undertaken in the patients home or other convenient location and meets the…
Dubai Islamic Bank shareholders approve 30% dividend for 2022
DUBAI, UAE: Dubai Islamic Bank (DIB) concluded its Annual General Assembly (AGM) with the approval of the bank’s 2022 financial statements and other tabled resolutions, demonstrating the confidence of the shareholders in the bank’s Board and management’s strategic agenda for the coming years. The strong financial results reported this year are a further testament to…
Tinybeans launches new interactive Investor Hub
SYDNEY, AUSTRALIA: Tinybeans Group (ASX: TNY) announced the launch of the company’s new interactive Investor Hub. For both existing and prospective shareholders, the new Tinybeans Investor Hub hosts the latest company announcements, reports, and presentations. It also provides an interactive online experience allowing the Tinybeans investor community to comment on and ask the Tinybeans team…
Copper Mountain Mining appoints Patrick Merrin as President and CEO
VANCOUVER, BC: Copper Mountain Mining Corporation announced the appointment of Patrick Merrin as President and CEO effective April 24, 2023. Mr. Merrin has extensive experience in the mining industry including ten years of senior executive operational and technical experience. Mr. Merrin’s leadership positions focused on North American mines and projects, including most recently acting Senior…
T-Mobile will acquire Ka’ena Corp, owner of Mint Mobile, for $1.35 billion
T-Mobile US Inc would buy Ka’ena Corp, the owner of Ryan Reynolds-backed budget service provider Mint Mobile, for up to $1.35 billion. T-Mobile expects the deal to close later this year and doesn’t anticipate any changes to its 2023 financial outlook. Mint Mobile will be “slightly accretive’ to adjusted earnings before interest, taxes, depreciation and…
U.K. economy would no longer enter a technical recession in 2023: Jeremy Hunt
Finance Minister Jeremy Hunt said that the U.K. economy would no longer enter a technical recession in 2023, as was previously anticipated. The updated outlook was based on new forecasts from the independent Office for Budget Responsibility (OBR), Hunt said. A technical recession is a term used to describe a situation where an economy experiences…
Meezan Bank & Fieldfisher Capital join hands to provide Islamic Finance Advisory to Europe & Middle East
KARACHI: Meezan Bank, Pakistan’s leading Islamic Bank, has recently signed a Memorandum of Understanding (MoU) with Fieldfisher Capital LLP (FFC) – a multi-disciplinary advisory service, under which both parties will collaborate to provide Shariah advisory services to international clients including, but not limited, to Europe and the Middle East. The signing ceremony took place at…