SYDNEY, AUSTRALIA: Burgundy Diamond Mines Limited (ASX: BDM) has announced the first sales of jewellery pieces featuring Maison Mazerea diamonds in the days since the collaboration launched at the start of this month. On 3 August 2022 Burgundy announced a collaborative sales and profit-sharing agreement with Solid Gold Diamonds – one of Australia’s leading independent…
Rio Tinto and Baowu agree to jointly develop Western Range
LONDON, UK: Rio Tinto (54 per cent) and China Baowu Steel Group Co. Ltd (Baowu) (46 per cent) have agreed to enter into a joint venture with respect to the Western Range iron ore project in the Pilbara, Western Australia, investing $2 billion ($1.3 billion Rio Tinto share) to develop the mine. Western Range’s annual…
JLEN announces construction of £26.7 million commercial glasshouse project
LONDON, UK: JLEN, the listed environmental infrastructure fund, announced an investment of up to £26.7 million into a glasshouse project via a combination of a senior secured loan for the construction of the glasshouse and a convertible loan and a minority equity stake in the glasshouse operator to provide for working capital. The investment offers…
CentralNic agrees to acquire Aporia Ltd. for $11.2 million
LONDON, UK: CentralNic Group Plc (AIM: CNIC), the global internet platform that derives recurring revenue from marketplaces for online presence and online marketing services, has entered into an agreement to acquire M.A Aporia Ltd. (Aporia) for an initial consideration of USD 11.2m in cash from Aporia’s founders. Aporia is a technology company operating in the…
Apax Digital invests in Xeneta, an ocean and air freight rate benchmarking, analytics platform
LONDON, UK: On 13 September 2022, The Apax Digital Fund II (ADF II) announced an investment in Xeneta, a leading ocean and air freight rate benchmarking and market analytics platform, as part of an $80 million funding round led by ADF II. As organisations undergo efforts to navigate instabilities in the current uncertain market, access…
Fundsmith LLP proposed to liquidate Fundsmith Emerging Equities Trust
LONDON, UK: The Board of Fundsmith Emerging Equities Trust has proposed voluntary liquidation, with the cash proceeds arising on realisation of the portfolio returned to shareholders. The announcement came following notification from Fundsmith LLP (the investment manager and AIFM of the company) that it intends to give notice under the investment management agreement proposing liquidation….
ARC Funds to launch ARC Emerging Managers as an unlisted fund
SYDNEY, AUSTRALIA: ARC Funds Ltd (ASX:ARC) announced to launch ARC Emerging Managers (AEM) as an unlisted unit trust, with the launch scheduled for late 2022 or early 2023. On 10 th May 2022, ARC announced to the ASX that it had entered into an agreement (the Novation and Implementation Deed) to acquire the investment management…
How harmful thyroid can be for men
At times, you might have experienced weight loss or weight gain. You might have also experienced weakness in the muscles and you must have overlooked the symptoms. Most men experience weight-related issues or muscle weakness at a certain point in time. When men experience these signs, they are not able to connect these signs with…
Primorus invests in Interpac Ltd.
LONDON, UK: Primorus Investments plc (AIM: PRIM) has invested £250,000 into Interpac Ltd. Interpac was founded in 2013 to create a new corrugation process for the manufacture of cardboard which is more cost-efficient and environmentally friendly than current manufacturing processes. Primorus has subscribed for 42,735 shares at a price of £5.85 per share, from the…
Nokia appoints Amy Hanlon-Rodemich as Chief People Officer and member of the Group Leadership Team
ESPOO, FINLAND: Nokia today announced the appointment of Amy Hanlon-Rodemich as Chief People Officer and member of the Group Leadership Team, effective October 24, 2022. Amy Hanlon-Rodemich joins Nokia from GlobalLogic, a leading company in digital product engineering, where she is Chief People Officer. She is an experienced HR executive who has helped some of…
Envelop Risk launches Envelop Capital Markets
MONACO: Envelop Risk, a global specialty cyber underwriting firm, today launches Bermuda-based Envelop Capital Markets, a practice led by veteran underwriter and ILS specialist David Ross (Executive Vice President of ILS & Capital). The practice will develop a market for tail risk protection, retrocession, and cyber reinsurance through both indemnity, and parametric / index structures….
Waga Energy rolls out first RNG project in British Columbia
PARIS, FRANCE: Waga Energy (EPA: WAGA) and the Capital Regional District are rolling out a high-capacity RNG project at Hartland Landfill on Vancouver Island, a statement noted. Waga Energy, a specialist in the production of Renewable Natural Gas (RNG) from landfills, has signed a contract with the Capital Regional District (CRD), one of 28 districts…