Ovo Energy has launches its first deal below the government’s £2,500 cap on typical household bills amid falling wholesale gas prices, which have fallen by around 80% since August last year, according to the Resolution Foundation, a living standards think tank. The leading UK energy supplier is offering a one-year fixed tariff of £2,275 to…
Barclays closes another 14 branches across UK amid shift to digital banking
Barclays will close another 14 branches at sites across the UK, two in Wales and 12 in England. It is the third time this year that Barclays has announced a set of branch closures. The latest announcement brings the total number to 58 so far this year. Barclays, Nationwide, Virgin Money, NatWest, Lloyds, Halifax and…
Zoom uses OpenAI technologies to the expansion of Zoom IQ
SAN JOSE: Enterprise Connect, Zoom Video Communications (NASDAQ: ZM) announced the expansion of Zoom IQ, a smart companion that empowers collaboration and unlocks people’s potential by summarizing chat threads, organizing ideas, drafting content for chats, emails, and whiteboard sessions, creating meeting agendas, and more. The company also announced it will use OpenAI technologies to bolster…
Seymour Whyte wins €240 million road link project in Australia
PARIS, FRANCE: Seymour Whyte, a VINCI Construction subsidiary in Australia, has been awarded two new projects by Transport for New South Wales (TfNSW) for a total value of approximately AUD 385 million (€240 million). As part of an overall project which will extend the M1 Pacific Motorway by 15 km to address the M1’s ‘missing…
Will Self becomes CEO – Pensions Division at Marwyn Acquisition Company II
LONDON, UK: Marwyn Acquisition Company II (MAC II) announced that Will Self has commenced his role as Chief Executive Officer – Pensions Division, to lead the identification, acquisition, and integration of pensions businesses for MAC II. Will Self joins MAC II from Curtis Banks Group PLC (CBP:LON) where he was Chief Executive Officer. Prior to…
LPA Group to acquire Amphenol’s product line of railway inter-carriage electrical connectors
LONDON, UK: LPA Group plc – the high reliability LED lighting, electronic and electro-mechanical system designer and manufacturer – announced the conditional purchase of a product line from Amphenol Limited. The product line is Amphenol’s UK historic range of railway inter-carriage electrical connectors (inter-car jumpers), complementing LPA Connection Systems’ existing product range. The acquisition, effective…
Equals Group to acquire fintech payments services provider, Oonex SA, for £4.1mn
LONDON, UK: Equals Group plc (AIM:EQLS), a leading fintech payments group focused on the SME marketplace, has entered into a conditional agreement to acquire the entire issued share capital of Oonex SA, a global payments services provider to the FinTech sector, for a total consideration of up to £4.1 million. Established in 2012, Oonex SA…
Bindi Metals to acquire rare earths exploration project in Canada
SYDNEY, AUSTRALIA: Bindi Metals Limited (ASX: BIM) has entered into a conditional sale and purchase agreement (SPA) to acquire an 80% interest in a series of Mining Claims making up the Schryburt Lake Project in northern Ontario, Canada. Bindi Metals Executive Director, Henry Renou said, “Bindi’s agreement to acquire an 80% interest in the high…
European Lithium to acquire Austrian Lithium
SYDNEY, AUSTRALIA: European Lithium Limited has executed a binding Heads of Agreement with 2743718 Ontario Inc. (Ontario), a subsidiary of Richmond Minerals Inc. to acquire 100% of the rights, title and interest in the Bretstein-Lachtal Project, Klementkogel Project and the Wildbachgraben Project (together Austrian Lithium Projects). Tony Sage, Chairman, commented: “The acquisition is an excellent…
Simple Strategies for Saving Money on Your Daily Commute
Commuting to work can be a significant expense for many people, especially those who live in or near major cities where transportation costs can be high. The cost of daily commuting has increased in both the UK and the US in recent years due to higher oil prices and inflation. In the UK, the cost…
Coomera Connector construction set to ease M1 traffic congestion and create 1000 jobs
BRISBANE: That’s great news! The construction of the Coomera Connector is expected to have a significantly positive impact on traffic congestion in south-east Queensland. The expected decline of up to 60,000 trips daily on the M1 from Brisbane to the Gold Coast is a significant reduction that should make travel much smoother and faster for…
Faysal Bank’s Shariah journey begins with aggressive growth targets for CY23
Marking CY22 as a landmark year, Faysal Bank (FABL) has completed the process of converting to a full-fledged Islamic Bank, set to commence operations from 1 January, 2023, a conversion that started eight years ago. Simultaneously with the conversion process, the bank continued to grow with highest deposit growth recorded organically at 21% YoY. The…