PARIS: TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) has signed an agreement with insurance vehicles and accounts managed by KKR, a leading global investment firm, for the sale of 50% of a 1.4 GW solar portfolio in North America. This transaction – which aligns with TotalEnergies’ renewables business model – values the portfolio at an enterprise value of…
Huddled Group reports 81% revenue surge, eyes first operating profit
LONDON: Huddled Group plc (AIM:HUD), a circular economy e-commerce company, reported an 81% year-over-year revenue increase to £9.48 million for the six months ending June 30, 2025, driven by strong performance across its brands Discount Dragon, Nutricircle, and Boop Beauty. The company also announced that Discount Dragon and Nutricircle achieved divisional operating profit in August,…
Australian miner Nimy Resources signs deal to supply gallium to U.S. market
PERTH: Nimy Resources Ltd. (ASX: NIM) has signed a non-binding memorandum of understanding with U.S.-based M2i Global Inc. for the potential sale of gallium from its Mons Project in Western Australia. The agreement, announced Monday, grants M2i exclusive rights to negotiate the purchase of 100% of the gallium-bearing concentrates from the project for delivery to…
EQTEC losses narrow as strategic pivot to licencing boosts margins
The net loss narrowed to €2.07 million from €3.2 million, while its EBITDA loss improved to €1.1 million from €1.6 million LONDON: EQTEC plc, a syngas technology company, reported a sharp drop in first-half revenue but highlighted a significant improvement in gross margins as it pivots away from high-risk project development towards a leaner, intellectual…
TotalEnergies acquires 49% atake in Anadarko Basin assets from Continental Resources
PARIS: TotalEnergies has signed an agreement with Continental Resources to acquire a 49% interest in natural gas producing assets, owned and operated by Continental Resources in the Anadarko Basin, Oklahoma. This acquisition of low-cost and long-plateau assets, well connected to Henry Hub through existing midstream infrastructure, further strengthens TotalEnergies’ integration across the liquefied natural gas…
Scalare Partners acquires Brisbane-based vCFO firm, Planet Startup
SYDNEY: Australian technology accelerator Scalare Partners (ASX: SCP) said on Monday it has acquired Planet Startup Pty Ltd, a Brisbane-based virtual CFO services provider, in a deal aimed at expanding its support for early-stage tech ventures. The acquisition, Scalare’s fifth since April 2023, includes an upfront cash payment of A$150,000 and A$450,000 in escrowed shares…
CMC Markets wins Westpac online trading platform mandate
LONDON: CMC Markets Stockbroking has been selected as the preferred vendor to extend its long-term technology and platform partnership with Westpac Banking Corporation (WBC.ASX), one of Australia’s largest financial institutions. The agreement covers Westpac’s online share trading services, Westpac Share Trading (WST) and St.George Directshares (DS), and will see CMC provide white-label web and mobile…
Avingtrans Plc announces appointment of Divisional CEO – Medical Imaging
LONDON: Avingtrans Plc (AIM: AVG), which designs, manufactures and supplies critical components, modules, systems and associated services to the energy, medical and industrial sectors, announced the appointment of Stuart Gall as Divisional Chief Executive Officer of its medical imaging businesses division, including Adaptix Ltd and Magnetica Ltd, with effect from on or before 10 March…
Gulf Keystone begins crude exports from Shaikan Field via Iraq-Türkiye pipeline
ERBIL: Gulf Keystone Petroleum Ltd. has begun exporting crude oil from the Shaikan Field through the Iraq-Türkiye Pipeline, marking a key milestone in the company’s 2025 production strategy. Exports commenced on Sept. 27 and are expected to reach full capacity in the coming days as pipeline availability continues to ramp up, the company said in…
Genuit Group has acquired Davidson Holdings Limited for £49 million
LONDON: Genuit Group plc, the UK’s largest provider of sustainable water, climate and ventilation solutions for the built environment, today announces that it has acquired Davidson Holdings Limited for a total consideration of £49.0 million on a debt-free and cash-free basis. The Business comprises leading brands in the plumbing and heating sectors including Salamander Pumps,…
Hilton Food sells Fairfax Meadow Europe to Sysco for £54 million
LONDON: Hilton Food Group plc, the leading international multi-protein food business, has sold the entire issued share capital of Fairfax Meadow Europe Limited (“Fairfax”) to Sysco GB Ltd, (part of the Sysco Group). The disposal will result in Hilton Foods receiving gross cash proceeds of £54 million and is expected to be earnings dilutive. The…
Luke Miels appointed CEO designate for GSK
LONDON: GSK plc (LSE/NYSE: GSK) today announced that Luke Miels is appointed CEO Designate, GSK. He will assume full responsibilities as CEO and join the Board on 1st January 2026. Luke joined GSK in 2017 and is currently Chief Commercial Officer, with world-wide responsibility for medicines and vaccines1. He has been instrumental in building GSK’s…