LONDON, UK: Bango Plc (AIM: BGO), the global platform for data-driven commerce, announced that Movistar Mexico, a mobile operator and subsidiary of Telefonica, has signed a partnership with Bango to streamline mobile payments through direct carrier billing (also known as DCB), aiming to promote the adoption of digital content and services among its subscribers in…
Mode Global announces multi-token trading soft launch
LONDON, UK: Mode Global Holdings (LSE: MODE), the LSE-listed Fintech Group, announced the soft launch of its multi-token trading capability. The first of the additional tokens to be rolled out will be Ether, which will be made available to selected users before the official launch in October. This early release, available exclusively for Mode Lab…
Spirax-Sarco Engineering agrees to acquire Durex International for $342.2mn
LONDON, UK: Spirax-Sarco Engineering plc, the thermal energy management and niche pumping specialist, has entered into a definitive agreement to acquire Durex International Corporation, a privately-owned US based specialist in custom electric thermal solutions for ultra-high criticality industrial equipment. The consideration is US$342.2 million on a cash and debt free basis, subject to customary closing…
Pernod Ricard appoints Nicolas Oudinot as CEO of its newly created e-commerce division
PARIS, FRANCE: Pernod Ricard (Paris:RI) has announced the appointment of Nicolas Oudinot as CEO of its e-commerce division, who brings an impressive background in luxury, digital and innovation. Pernod Ricard (Paris:RI) created a new business unit to scaleup and expand geographically its existing direct-to-consumer and niche B2B businesses as they approach a mature stage of…
NickelX Limited signs deal to acquire the Dalwallinu Nickel Project
SYDNEY, AUSTRALIA: NickelX Limited as signed a Sale Agreement and Joint Venture (SAJV) to acquire 80% of the Dalwallinu Nickel Project, located in the emerging West Yilgarn, where the Company will be seeking Julimar-style Nickel-Copper-PGM mineralisation. The Project covers 86km 2 of the underexplored Barra Barra Greenstone belt in the emerging West Yilgarn Nickel Province,…
Mogul Games has formed a partnership with ESM.ONE
SYDNEY, AUSTRALIA: Mogul Games Group (ASX: MGG), the owner of the world’s most advanced tournament and matchmaking platform, has executed a 6-month agreement with ESM.ONE Inc. Pursuant to the Agreement, MGG’s Tournament Technology will be promoted to all ESM’s existing and potential corporate and commercial partners. The parties have agreed that all revenue generated from…
AMA Group sells FluidDrive business for $2.45 million
SYDNEY, AUSTRALIA: AMA Group Limited (ASX: AMA) has entered into a Business Sale Agreement with a third-party purchaser incorporated as Fluiddrive Pty Ltd, which will acquire the FluidDrive business for a gross consideration of $2.45 million. FluidDrive is a leading service business in the remanufactured automotive transmission market. This divestment competes the previously announced strategy…
How to Finance Your Business’ Growth
The UK’s economic landscape is rocky at the present moment, as businesses and households across the nation brace for a difficult autumn. Energy prices are set to skyrocket further, affecting small businesses disproportionately; meanwhile, reduced spending power has seen the real-terms cost of supply increase dramatically. But a negative economic outlook does not necessarily make…
Rio Tinto approves $55mn to start underground mining at Kennecott copper operations
SYDNEY, AUSTRALIA: Rio Tinto has approved a $55 million investment in development capital to start underground mining and expand production at its Kennecott copper operations in Utah, United States. Underground mining will initially focus on an area known as the Lower Commercial Skarn (LCS), which will deliver a total of around 30kt of additional high…
Veidekke anticipates boost in the water, sewerage and energy markets
OSLO, NORWAY: Veidekke’s forecasts for the next two years point to a more muted construction market. In general, transport and construction activities are expected to remain at a high level, but private and commercial construction is expected to decline. The water, sewerage and energy market segments are expected to increase significantly going forward. Following a…
eEnergy launched eSolar, an in-house Solar Photovoltaic System offering
LONDON, UK: eEnergy (AIM: EAAS), the net zero energy services provider, announced the launch of eSolar, eEnergy’s in-house Solar Photovoltaic System (PV) offering, helping organisations to rapidly deploy on-site energy generation, on a capital-free basis. eEnergy initially developed its solar capabilities as a result of the increasing demand from both existing and new customers for…
Pulsiv unveils power electronics technology to reduce energy consumption
LONDON, UK: Pulsiv, a Cambridge based start-up, today emerged from stealth mode, with the announcement of its new power electronics technology. Pulsiv OSMIUM technology can be used to improve overall system efficiency, optimise cost and contribute towards reducing global energy consumption. Pulsiv OSMIUM uses a patented method for converting AC to DC that involves charging/discharging…