LONDON, UK: The Weir Group has completed the acquisition of Carriere Industrial Supply Limited (CIS), a premier manufacturer and distributor of highly engineered wear parts and aftermarket service provider to the Canadian mining industry. Its products, which include mining buckets and lip systems, help customers increase productivity through reduced downtime and improved safety. The enterprise…
Nils K. Selte appointed Group President and CEO of Orkla ASA
OSLO, NORWAY: Orkla ASA Board of Directors has appointed Nils K. Selte as new Group President and CEO. Orkla is a leading supplier of branded consumer goods and concept solutions to the consumer, out of home and bakery market in the Nordics, Baltics and selected markets in Central Europe and India. Selte succeeds Jaan Ivar…
Oil production starts from Hod B in the southern North Sea
OSLO, NORWAY: Operator Aker BP and partner Pandion Energy have reported that oil production has started from Hod B in the southern North Sea. Aker BP and partner Pandion Energy expects Hod to produce 40 million barrels of oil equivalent. The first steel for Hod B was cut in Aker Solutions’ yard in Verdal, the day after the Norwegian Parliament…
Why do most startups fail?
In magazines and newspapers, in the success stories of cinema and numerous blogs, we hear the mantra of the successes entrepreneurs: with determination, genius, correct timing, and – above all – a great product you can also achieve fame and fortune. There is a powerful myth-creating industry in action to sell us this story. In…
QInvest and QIC partner to venture in Islamic asset management space
DOHA, QATAR: Qatar Insurance Company (QIC) and QInvest LLC, Qatar’s leading investment bank, are joining forces to create a Qatar-based national champion in the Islamic asset management space. The new company, jointly owned by QIC and QInvest, will be a Sharia‘a compliant entity, regulated by Qatar Financial Centre Regulatory Authority (QFCRA). Epicure Investment Management LLC…
GIB wins three honours from the Global Banking & Finance Review
MANAMA, BAHRAIN: Gulf International Bank (GIB) has been announced as the winner of three key honours by the Global Banking & Finance Review for excellence demonstrated over the past year. GIB was recognised for being the first Bahrain-headquartered bank and the first majority Saudi-owned bank to close a sustainability-linked syndicated loan and awarded the ESG…
How to Raise Your Grades Quickly in 6 Easy Steps
The most considerable stress for any student out there is declining grades, and it shatters their confidence and ruins their interest in the subject. Before it’s too late, you must take firm action to fight against this problem; otherwise, it will eat away at your marks. So, we are here with ways to raise your…
How To Write a College Admission Essay
After filling out forms and taking all tests, you reach the daunting part where you have to present yourself on a paper. Admission essays can become your ticket to enter a prestigious college or a bus ticket home. Here are six points that can help you nail your essay. Find an Idea Wherever You Can…
FCA approves disposal of ContourGlobal to Brasil Participações
LONDON, UK: Financial Conduct Authority (FCA) has approved the disposal of Contour Global to Brasil Participações S.A. Kani Lux Holdings S.à r.l., a majority-owned subsidiary of ContourGlobal, had signed a definitive agreement with Infraestrutura Brasil Holding XVII S.A. (“Pátria Investments”) to sell the entire issued share capital of ContourGlobal. Brasil Participações S.A., together with its…
Simplifai signs deals with Foreningen DGI Byen and Knowit Solutions Denmark
OSLO, NORWAY: Elop’s AI business unit Simplifai has signed a strategically important agreement with Foreningen DGI Byen and a partnership agreement with Knowit Solutions, a bourse filing noted. This marks a breakthrough for the company in Denmark, a market that will be important going forward. Through the distribution partnership agreement with Knowit Solutions, Simplifai has…
Additional Services You Need To Think About When Running A Small Business
A business will only function successfully if everyone is pulling in the same direction, no matter the size of the company. This means that you should focus on hiring the right employees and look at what additional services you may need. A small business does not always have the budget to hire a lot of…
CEA, Soitec, GlobalFoundries & STMicroelectronics working together on semiconductors and FD-SOI innovation
GENEVA, SWITZERLAND: CEA, Soitec, GlobalFoundries and STMicroelectronics have announced a new collaboration in which they intend to jointly define the industry’s next generation roadmap for FD-SOI (fully depleted silicon-on-insulator) technology. Semiconductors and FD-SOI innovation are of strategic value to France and the EU as well as to customers globally. FD-SOI offers substantial benefits for designers…