PARIS, FRANCE: Sparkle, the first international service provider in Italy and among the top global operators, and Atos, a global leader in digital transformation, signed a three-year agreement to address the growing demand from clients in European and other adjacent countries for cloud services and solutions. The partnership aims to develop business opportunities endorsing the global…
Osirium Technologies announces first contract win in the United States
LONDON: Osirium Technologies plc (AIM: OSI), a leading vendor of cloud-based cybersecurity and IT automation software, has signed its first customer in the United States of America (USA) via one of its channel partners. The new customer, a global investment bank headquartered in New York and listed on the New York Stock Exchange, has selected…
Afreximbank and African Petroleum Producers to create a multi-billion-dollar African Energy Bank
JOHANNESBURG: The African Export-Import Bank (Afreximbank), has signed a Memorandum of Understanding (MoU) with the African Petroleum Producers Organization (APPO) for the creation of a multi-billion-dollar energy bank. Aimed at scaling up private sector investment in African oil and gas projects, the bank will provide critical financing for new and existing oil and gas projects,…
Europe’s Wizz Air intends to form a new airline in Malta
GENEVA: Based on the ‘Arrangement on Reallocation of Responsibility’ document signed Tuesday between the European Union Aviation Safety Agency (EASA) and the Malta Civil Aviation Directorate (CAD), Wizz Air intends to file an application for its Maltese subsidiary to be granted an Air Operator’s Certificate (AOC) with EASA and an Operating Licence (OL) with CAD….
Macfarlane acquires PackMann, a German protective packaging distribution business
LONDON, UK: Macfarlane Group announced the acquisition of PackMann Gesellschaft für Verpackungen und Dienstleistungen mbH (PackMann), a protective packaging distribution business based in Eppelheim near Heidelberg, Germany. The acquisition is in line with Macfarlane’s strategy of building its protective packaging business in Northern Europe through a combination of organic and acquisitive growth and is immediately…
TotalEnergies announces sanction of Ballymore Development in the U.S. Gulf of Mexico
PARIS, FRANCE: TotalEnergies (LSE:TTE), through its affiliate TotalEnergies E&P USA Inc., announced the sanction of the Ballymore development, located 120 kilometers off the coast of Louisiana in the U.S. Gulf of Mexico. TotalEnergies holds a working interest of 40% in Ballymore. Co-owner Chevron U.S.A. Inc., a subsidiary of Chevron Corporation, holds a 60% working interest…
Pia Peltoniemi appointed as the CEO of Finnish Export Credit Ltd
LONDON: The Board of Directors of Finnish Export Credit Ltd has appointed Pia Peltoniemi, LL.M., EMBA, as the CEO of the Finnish Export Credit Ltd for the period from 15 September 2022 to 14 September 2024 as the current CEO is retiring in the beginning of 2023. Finnish Export Credit Ltd is a company part…
Applied Graphene Materials signs exclusive distribution agreement with Imkemex, India
LONDON, UK: Applied Graphene Materials (LSE: AGM), the producer of specialty graphene nanoplatelet dispersions, has signed an exclusive distribution agreement with Imkemex (Headquartered Mumbai, India). The partnership extends AGM’s commercial reach directly into the region’s liquid resins, coatings, composites and polymers sectors. Originally formed by ICI India in 1965, Imkemex is now a growing, independent…
HICL Infrastructure acquires 50% equity interest in the B247 Mühlhausen-Bad Langensalza Road PPP
LONDON, UK: HICL Infrastructure Plc has acquired its first investment in Germany, a 50% equity interest in the B247 Mühlhausen-Bad Langensalza Road PPP (the “B247” or the “Project”). The interest was acquired from Vinci Concessions Deutschland GmbH (“VINCI”), paving the way for future partnership on the German road PPP pipeline. HICL’s total investment into the…
S4Capital announces merger between TheoremOne and Media.Monks
LONDON, UK: S4Capital plc (SFOR.L), the tech-led, new age/new era digital advertising and marketing services company, announced a merger between TheoremOne and Media.Monks, which significantly expands the capabilities of its Technology Services practice. The merger augments its technology services and consulting capabilities and expands its client base. TheoremOne is a leader in agile, full-stack, innovation,…
AdvancedAdvT offers to acquire M&C Saatchi for £253.6 million
LONDON, UK: AdvancedAdvT Limited (ADV) has made an offer to acquire share capital of M&C Saatchi plc (Which it doesn’t already own), whereas M&C Saatchi shareholders have the option to take 2.53 ADV shares or 2.043 ADV shares plus 40 pence for every M&C share. Both the Cash and Shares Offer and the All Share…
Do Electric Vehicles Need an MOT?
Times are hard for households in the UK, with prices going up in supermarkets and at the fuel pump. As such, many are looking for savings wherever they can. Recent leaked proposals regarding the changing of MOT checks to bi-annual have put MOTs and their associated costs in the minds of the driving community, raising…