SYDNEY, AUSTRALIA: Veris Australia, a leading provider of spatial data services, has been awarded a significant contract to provide Project Network Control and Survey for tunnelling for the M6 Stage 1 in Sydney, NSW. The package, to be performed for design and construct contractors for the project, CGU, a joint venture between CPB Contractors, Ghella…
James Hardie Industries plans capacity expansion in Australia
SYDNEY, AUSTRALIA: James Hardie Industries plc (ASX: JHX), producer and marketer of high-performance fiber cement and fiber gypsum building solutions has entered into anagreement to purchase land in Melbourne, Victoria, Australia to enable continued capacity expansion. James Hardie acknowledges the Kulin Nations as the Traditional Owners and custodians of this land and pays respect to…
Microsoft for Startups signs global partnership agreement with Ansarada
SYDNEY, AUSTRALIA: Microsoft for Startups global program partners with Ansarada to see Ansarada’s suite of solutions offered to every participant in the program with the partnership’s initial term through June 2025. Microsoft for Startups and Ansarada are uniting around making it easier and faster for start-ups to raise capital and grow. While financially material impacts…
London shares prices surge as Asian stocks rally
London shares prices closed in positive territory on Wednesday, after a solid Asia session boosted sentiment earlier, as investors eyed the latest policy announcement from the US Federal Reserve. The FTSE 100 ended the session up 1.62% at 7,291.68, and the FTSE 250 was ahead 3.2% at 20,905.54. Sterling was in the green as well, last rising 0.46% on the dollar…
Australian stocks gains 1.1%
Australia stocks closed on Wednesday, as gains in the IT, Consumer Discretionary and Consumer Staples sectors led shares higher. At the close in Sydney, the S&P/ASX 200 gained 1.10%. The best performers of the session on the S&P/ASX 200 were Corporate Travel Managment Ltd (ASX:CTD), which rose 5.26% or 1.13 points to trade at 22.62…
Samsung Electronics appoints new chief executive officer
LONDON: Samsung Electronics Co., Ltd., on March 16, 2022, announced the appointment of Kye Hyun Kyung as one of its Chief Executive Officers.
Tern Plc announces SVV Fund investment in RETìníZE
LONDON, UK: Tern Plc (AIM:TERN), the company focused on value creation from Internet of Things (IoT) technology businesses, notes that following the agreement for Tern to participate in the new Sure Valley Ventures UK Software Technology Fund, announced on 2 March 2022, the new SVV Fund has undertaken its first investment. The SVV Fund has…
Vimian Group AB acquires Avacta’s Animal Health Division
LONDON, UK: Avacta Group plc (AIM: AVCT), a clinical stage oncology drug company, announced that Vimian Group AB (Vimian.ST) has acquired the veterinary division of Avacta Group, Avacta Animal Health. Avacta has received an upfront payment of £0.9 million and will receive additional deferred consideration of up to £1.4 million dependent on the combined performance…
Stavely Minerals appoints Mark Mantle as Chief Operating Officer
SYDNEY, AUSTRALIA: Stavely Minerals Limited (ASX: SVY) announced the appointment of experienced mining executive Mark Mantle as Chief Operating Officer. Mr Mantle is a Mechanical Engineer with over 25 years of experience in all aspects of the mining industry including study, project and construction management. He has worked in Africa, South America, North America, Asia…
Westpac Group appoints Yianna Papanikolaou as Chief Transformation Officer
SYDNEY, AUSTRALIA: Westpac Group announced the appointment of Yianna Papanikolaou to the newly created position of Chief Transformation Officer. Ms Papanikolaou will sit on the Group’s Executive Team and report to CEO, Peter King. She will have responsibility for major change and investment programs and accountability for the CORE (Customer Outcomes and Risk Excellence) Program….
Arafura Resources gets $30mn funding under Modern Manufacturing Initiative
SYDNEY, AUSTRALIA: Arafura Resources Limited (ASX:ARU) has been awarded grant funding of $30 million under the Federal Government’s Modern Manufacturing Initiative (MMI) which will contribute to the construction of an $90.8 million rare earth separation plant at its Nolans Project (Nolans). The $1.3b MMI forms part of the Resources Technology and Critical Minerals Processing Roadmap…
Kongsberg Automotive wins contract worth EUR 58mn
OSLO, NORWAY: Kongsberg Automotive’s Fluid Transfer Systems (FTS) business unit has secured a contract worth EUR 58 million in estimated lifetime revenue and average annual revenue of EUR 14.5 million. The four-year contract covers Kongsberg Automotive’s Fluoro-Comp hose, and stainless-steel braided PTFE brake lines for a global automotive Tier 1 supplier based in North America….