LONDON, UK: AQRU plc (AQSE: AQRU), an incubator specialising in decentralised finance (DeFi), announced that its wholly owned subsidiary, Accru Finance Ltd., has surpassed US$50 million in assets under management (AUM) and 20,000 user signups on its proprietary yield-generating platform, AQRU.io, five months after the launch of the platform in December 2021. This represents AUM…
Launch of AIB Foresight Impact Fund
LONDON, UK: Foresight Group Holdings Limited, a leading infrastructure and private equity manager, announced that it has been appointed by Allied Irish Banks (“AIB”), Ireland’s largest financial services provider, to manage a new small and medium-sized enterprise (“SME”) equity fund. AIB will be a cornerstone investor in the Fund, which aims to stimulate job creation…
Green Lithium & Trafigura agree to develop commercial lithium refinery in Europe
GENEVA: Lithium processing company Green Lithium has agreed terms with Trafigura to support the development of one of the first centralised commercial lithium refineries in Europe. The new refinery will supply European electric vehicle and battery manufacturers with battery-grade lithium chemicals. Under the newly-established relationship, Trafigura plans to supply lithium feedstock required for the planned…
HydrogenOne Capital Growth to make £20mn investment in Elcogen
LONDON, UK: HydrogenOne Capital Growth plc has signed definitive agreements for an investment of £20m (EUR 24m) in Elcogen Plc. Elcogen’s shareholders include Biofuel OÜ, and VNTM Powerfund II, a technology fund focused on clean power. With this purchase of a minority equity stake, HydrogenOne has the right to a board seat at Elcogen. Elcogen…
NCC Group appoints Mike Maddison as Chief Executive Officer
LONDON, UK: NCC Group plc (LSE: NCC), a leading independent global cyber security and resilience adviser, announced the appointment of Mike Maddison as Chief Executive Officer following Adam Palser’s decision to step down after more than four and a half years in the role. As global experts in cyber security and risk mitigation, NCC Group…
MADE.com to acquire Trouva
LONDON, UK: Made.com Group Plc, the leading digital native lifestyle brand in home, has acquired Trouva, to advance the Group’s growth strategy. Trouva is the leading platform to discover independent boutiques and brands offering customers a curated range of homewares, lifestyle and fashion products. Launched in 2015 Trouva has its HQ in London. The company…
Nuheara Limited gears up for US listing
PERTH, AUSTRALIA: Nuheara Limited (ASX:NUH) announced a series of structural changes designed to advance the Company’s unique and growing US based hearing healthcare market opportunities: • The appointment of John R. Luna as its US based Chief Executive Officer; • Co-founder and former CEO, Justin Miller, remaining as the Company’s Managing Director; • Engagement of…
AUB to purchase Tysers Insurance Brokers for AUD880mn
SYDNEY, AUSTRALIA: AUB Group Limited (AUB) has entered into a binding agreement to purchase Tysers, a leading Lloyd’s wholesale broker and is undertaking an equity capital raising to provide funding towards the acquisition. Tysers is a leading specialist international insurance broker based in London and the 6th largest wholesale broker in the Lloyd’s marketplace, writing…
When Old Is Not Old Enough: Learn How To Evaluate Antiques
There are a lot of factors to consider when appraising an antique. Many people assume that if something is old, it is automatically valuable. This is not always the case. In order to get the most accurate estimate of an item’s worth, you need to research the item, determine its age and maker, and assess…
6 Reasons Why The IT Department Needs More And More Attention
The world of business is constantly changing, and with that comes new challenges for businesses of all sizes. One area that is increasingly becoming more important is the role of information technology (IT). Businesses today simply cannot afford to have a weak or understaffed IT department, as there are too many risks involved. In this…
Initial relief rally at PSX facing hiccups…
The change of guard on the political front led to an initial relief rally at PSX (up 3.7% for the month at one point), as this was expected to bring back much needed attention and ownership of macro policies which had been missing in last few weeks, amidst the political noise. The initial relief rally…
Run a Successful Business With These Amazing Guidelines
Starting your own business is a dream shared by many people. It gives you the freedom and flexibility to be your boss and to control your destiny. But it’s not all rainbows and butterflies — running a successful business takes a lot of hard work, dedication, and perseverance. And while every business owner wants their…