BRISBANE, AUSTRALIA: State Gas Limited (ASX: GAS) has appointed Mr Doug McAlpine to the position of Chief Executive Officer. Mr McAlpine has over twenty years experience in public company management across the finance, mineral exploration and construction sectors. He has significant experience in leading companies through periods of substantial organisational change and growth. Mr Doug…
How Do You Start Being Financially Literate?
The Web makes it easy for you to learn as there are dozens of research journals, news articles, and personal blogs. As a beginner, start with issues affecting personal finance, such as saving, budgeting, investing, credit, and debt. You don’t have to go directly into complex financial reports that make you give up before you…
HSBC to sell banking business in Canada to Royal Bank of Canada for $10.1 billion
LONDON, UK: HSBC Overseas Holdings (UK) Limited has entered into an agreement to sell its banking business in Canada (HSBC Canada) to Royal Bank of Canada (RBC). RBC will acquire 100% of the issued common equity of HSBC Canada for a base cash consideration of CA$13.5 billion (US$10.1 billion). In addition, RBC will acquire all…
Costain Group partners with Heathrow Airport to transform operations and performance
LONDON, UK: Costain Group is partnering with Heathrow Airport to deliver its new investment programme, which will provide a step-change in the customer experience and transform the airport on its journey to become a net-zero aviation hub. As delivery partner providing construction, consulting and digital capabilities, Costain will work with Heathrow throughout the project lifecycle…
SLB to deliver core services for the wells on the Orcadian Energy’s pilot project
LONDON, UK: Orcadian Energy has entered into a binding Memorandum of Understanding (MoU) with SLB (formerly Schlumberger) to deliver core services for the wells on the Company’s Pilot project. SLB made a compelling commercial and technical proposal with a strong focus on decarbonisation. The parties now plan to develop a comprehensive Project Agreement for provision…
Thor Mining raises A$2.65 million to fund exploration activities
LONDON, UK: The Directors of Thor Mining announced a successful capital raise of A$2.65 million to fund exploration activities at the company’s project interests, with particular emphasis on the uranium exploration licences in Colorado and Utah in the United States. Following this placement, including existing cash and listed investments, the Company’s total liquidity position is…
Hydrogen Utopia signs deal for a waste plastic to hydrogen facility in Europe
LONDON, UK: Hydrogen Utopia International PLC (AQSE:HUI) has entered into an agreement with Fisherstown Property Holdings Limited (FPH) in relation to the proposed lease of a 2.5 acre greenfield site in the 78-acre Logeco Logistics & Energy Park at Fisherstown in County Longford, Ireland which it now anticipates will lead to its first operational full…
Renew Holdings acquires multi-disciplinary engineering business, Ensica Group for £15.6mn
LONDON, UK: Renew Holdings (AIM: RNWH), the leading Engineering Services Group supporting the maintenance and renewal of critical UK infrastructure, has acquired the entire issued share capital of Enisca Group from its founders for a total consideration of £15.6m payable in cash. Enisca Group is a multi-disciplinary engineering business operating in the water and environmental…
AstraZeneca agrees to acquire Neogene Therapeutics for up to $320 million
LONDON, UK: AstraZeneca announced an agreement to acquire Neogene Therapeutics Inc., for a total consideration of up to $320 million, on a cash and debt free basis. This will include an initial payment of $200 million on deal closing, and a further up to $120 million in both contingent milestones-based and non-contingent consideration. Neogene Therapeutics…
Atos named AWS GSI Partner of the Year – EMEA
PARIS, FRANCE: Atos is selected as the winner for GSI1 Partner of the Year – EMEA by Amazon Web Services (AWS). This award recognizes Atos’ key role helping customers drive innovation and build solutions on AWS. Announced during a Partner Awards Gala at re:Invent, AWS Partner Awards recognize a wide range of AWS Partners, whose…
Sonic Healthcare to acquire 19.99% shareholding in Microba Life Sciences for $17.8mn
SYDNEY, AUSTRALIA: Sonic Healthcare Limited (ASX: SHL) has agreed to invest $17.8 million to acquire a 19.99% shareholding in Microba Life Sciences Limited (ASX: MAP). In addition, Sonic is seeking to acquire options for an additional 5% equity position, subject to shareholder approval. Exercise of the options by Sonic would result in a further investment…
Fiona Hick appointed new CEO of Fortescue Metals
SYDNEY, AUSTRALIA: Fortescue Metals Group (ASX: FMG) announced that Mrs Fiona Hick, most recently Executive Vice President Australian Operations of Woodside Energy, will join Fortescue as Chief Executive Officer (CEO) of Fortescue Metals in February 2023. Fiona Hick will report to the Fortescue Board, along with Fortescue Future Industries (FFI) CEO, Mr Mark Hutchinson. Fiona,…