ATHENS, GREECE: Diana Shipping Inc. (NYSE: DSX), a global shipping company specializing in the ownership of dry bulk vessels, announced that it has completed the spin-off of its wholly-owned subsidiary, OceanPal Inc., effective November 29, 2021. The Company’s shareholders received one OceanPal Inc. share for every 10 shares of Diana Shipping Inc. held on the…
Top 6 Advantages Of Investing In Gold
Gold is one of the precious metals on the planet known for its enormous value. It’s the reason why most people looking to protect their weight against inflation or unstable governments invest in gold. If you’re thinking of investing in gold, it’s wise to do your own research first to know whether or not it’s…
The Importance Of Database Protection For The Success Of Your Business
Today, it is important to take into account that there are countless ways of attacking your company. Database protection has become an essential part of defense strategies because it guarantees your data remains safe even if there is a direct attack on the system. In this way, you will ensure the success of your business….
Libertine Holdings announces £10 million of shares sale
LONDON, UK: Libertine Holdings has announced £10 million worth of new shares sale, and seek admission of the entire issued and to be issued share capital of the company to trading on the AIM market of the London Stock Exchange. Founded in 2009, the Libertine Holdings has developed a technology solution for powertrain Original Equipment…
Quantum Blockchain focusses on 5nm ASIC development
LONDON, UK: The board of Quantum Blockchain Technologies (LON: QBT) has made the key decision to focus on the development of the more efficient 5nm Application-Specific Integrated Circuit (ASIC), rather than a 7nm ASIC (as announced on 5 November 2021), to use as its proprietary Bitcoin mining tool. This decision was taken following a recent…
Tritax EuroBox buys €49.65 million logistics asset in Italy
LONDON, UK: Tritax EuroBox, which invests in high-quality, prime logistics real estate strategically located across continental Europe, announced the acquisition of a €49.65 million asset in Piacenza, Northern Italy, part of a major logistics hub. The property comprises a modern logistics warehouse arranged as two units (DC4 and DC5) constructed in 2016 and 2020 with…
Bank of Georgia signs $100mn long-term facility with DFC
LONDON: Bank of Georgia and the U.S. International Development Finance Corporation (DFC) have signed a US$ 100 million loan agreement with a maturity of over 11 years. The facility will enable Bank of Georgia to on-lend to micro-, small-, and medium-sized business customers to minimise the impact of the COVID-19 pandemic-related economic implications in Georgia,…
Production start-up of the Yunlin offshore wind farm
PARIS, FRANCE: TotalEnergies announced the start of power generation from the first turbine of the Yunlin offshore wind farm in Taiwan. TotalEnergies joined this project, operated by wpd, with a 23% interest in May 2021 alongside EGCO Group and a consortium of Japanese investors led by Sojitz. The Yunlin offshore wind farm has a capacity…
TotalEnergies and Clean Energy begin construction of first biogas unit in Texas
PARIS, FRANCE: Through their joint venture, TotalEnergies and its U.S. partner Clean Energy are launching the construction of their first biomethane production unit, in Friona, Texas. The biomethane will be used as an alternative fuel for mobility, thus contributing to decarbonize road transportation. Located on the Del Rio Dairy farm, the facility will be fueled…
Hochschild signs definitive agreement to acquire Amarillo Gold
LONDON, UK: Hochschild Mining (LON: HOC) has entered into a definitive agreement with Amarillo Gold Corporation (TSXV: AGC) pursuant to which Hochschild has agreed to acquire all of the issued and outstanding shares of Amarillo at a price of C$0.40 per share in cash. Pursuant to the transaction, Hochschild will acquire a 100% interest in…
Brendan McMorrow appointed CEO of Ormonde Mining
LONDON, UK: Ormonde Mining announced that Brendan McMorrow, who was appointed as a non-executive director of the Company on 30 September 2021, has been appointed Chief Executive Officer (CEO) with immediate effect. Brendan McMorrow has over 25 years’ experience as a senior executive and director of publicly listed natural resources companies and will assist the…
Australian Finance Group buys Fintelligence for $52.2mn
SYDNEY, AUSTRALIA: Australian Finance Group (ASX:AFG) has acquired a 75 per cent stake in leading asset finance aggregator, National Finance Alliance, trading as Fintelligence. AFG will pay $52.5 million for the purchase of 75% of Fintelligence, funded primarily by a new corporate debt facility. The transaction is expected to be EPS accretive (pre-synergies) in the…