PARIS, FRANCE: Atos announced that effective January 1st, 2022, Rodolphe Belmer has assumed office as the Group’s new Chief Executive Officer. Last October Mr Belmer was coopted as Board Member and nominated by the Atos Board of Directors to lead the Group’s transformation. With a wealth of experience and a solid international network, he is…
Octopus Digital to setup industrial data center infrastructure in Pakistan
LAHORE, PAKISTAN: Octopus Digital Limited, a subsidiary of Avanceon Group, will setup and maintain industrial data center infrastructure for one of the largest FMCG corporations in Pakistan. The FMCG giant manufactures, stores, packages, and ships snack food products. Avanceon Group has previously worked on several projects with the customer successfully and the acquisition of this…
Alpha Dhabi Holding raises stake in Aldar Properties to 30%
ABU DHABI, UAE: UAE based conglomerate, Alpha Dhabi Holding has acquired an additional 17% shareholding of Aldar Properties PJSC, one of the UAE’s leading real estate development, management, and investment groups. The acquisition will increase Alpha Dhabi Holding’s shares in Aldar Properties to 29.8%, making it one of the largest shareholders. Eng. Hamad Salem Mohamed…
Eolus to sell its battery storage project in United States to Aypa
HÄSSLEHOLM, SWEDEN: Eolus Vind AB has entered into an agreement with Aypa Power (a Blackstone portfolio company) to sell the stand-alone battery energy storage project Cald (up to 120 MW) located in Los Angeles, California USA. Eolus and Aypa have on December 31st, 2021, entered into an agreement regarding the sale of Cald, an up…
Fourth Stimulus Checks being sent in 2022
Fourth stimulus checks are being sent in 2022 under the child and dependent tax credit and as part of the American Rescue Plan. Prices for American consumers are rising at their fastest annual rate since June 1982. But the impact is felt more amongst those on the lowest incomes, with the least room to manage….
Camilla, Duchess of Cornwall appointed to the Order of the Garter
Queen Elizabeth II has announced that the Duchess of Cornwall, Camilla, would become a Royal Lady of the Order of the Garter. Moreover, Baroness Valerie Ann Amos was declared to be a Lady Companion, and former Prime Minister Tony Blair was given the title of Knight Companion of the Most Noble Order of the Garter….
Forzacard partners Zwipe to launch biometric cards in Mexico
MEXICO CITY: Zwipe and Forzacard, the leading domestic card manufacturer in Mexico, have agreed to develop and launch biometric cards powered by Zwipe and bring these innovations to banks and organizations looking for the latest solutions based on biometric card-authentication in Central and North America. Forzacard is a Mexico-City based 100% Mexican company, founded in…
Hunting Plc acquires Marubeni-Itochu’s 40% shares in HESUK
LONDON, UK: Hunting PLC, the international energy services group, has acquired Marubeni-Itochu’s 40% shares in Hunting Energy Services (UK) Limited joint venture (HESUK). The restructuring will simplify Hunting’s operating presence in the EMEA region, as the North Sea market positions itself for growth following the downturn seen over the past two years. Hunting Plc, through…
India’s Reliance buys battery maker Faradion for £100mn
LONDON, UK: Mercia Asset Management has signed contract for the sale of Faradion Limited for a total enterprise value of £100 million to Reliance New Energy Solar Limited, a wholly owned subsidiary of India-based Reliance Industries Limited, the multinational conglomerate. Completion of the sale of Faradion will occur once receipt of the consideration proceeds is…
3G Capital to acquire 75% stake in Hunter Douglas at €175/share
NEW YORK: Hunter Douglas and 3G Capital announced that Ralph Sonnenberg, the controlling shareholder of Hunter Douglas Group, has entered into a definitive agreement to transfer a controlling interest in the Company to 3G Capital based on a value of €175 per Ordinary Share. Hunter Douglas is the global market leader in window coverings and…
Quantafuel acquires remaining 50% stake in Quantafuel UK
OSLO, NORWAY: Quantafuel has strengthened its position in the UK by acquiring the remaining 50% of the shares in Quantafuel UK, as well as the project companies in Sunderland and Cheshire. Quantafuel ASA has reached an agreement with strategic partner Midas Group AS to acquire the remaining 50% of the shares in Quantafuel UK Ltd,…
6 Important Tips For New Investors: Trading Made Simple
New traders often find themselves overwhelmed by all of the information that is out there on trading. This can be somewhat confusing and frustrating, especially when you just want to get started with trading. Especially in today’s market where there are more new people coming into it, many traders will start off with little knowledge…