AMSTERDAM: ForFarmers N.V announced that Yoram Knoop, CEO and member of the Executive Board of ForFarmers N.V. will step down after the Annual General Meeting of Shareholders on 14 April 2022, the date on which his current term ends. This has been decided in mutual consultation between Yoram Knoop and the Supervisory Board. “After having…
DLTx to acquire DSM Tech Enterprises in a share exchange deal
OSLO, NORWAY: DLT ASA (OSE: DLTX) has entered into a letter of intent (LOI) with the majority owners to acquire US-based DSM Tech Enterprises LLC (DSM), a pioneer in Bitcoin mining and large scale Filecoin operations. “We’re excited to announce the plan for DSM to join forces with DLTx. With this acquisition we will move…
Competition Commission approves NAB’s proposed acquisition of Citi’s consumer business
SYDNEY, AUSTRALIA: The Australian Consumer and competition Commission (ACCC) will not oppose the proposed acquisition of Citigroup Australia Pty Limited’s Australian consumer business (Citi) by National Australia Bank Limited (ASX: NAB) after a review found the transaction would not substantially lessen competition. NAB and Citi overlap in the supply of consumer banking products and services,…
4 Important Facts You Should Know About Launching a Startup
Launching a startup can be a frustrating experience. You have to find investors, employees, and have to deal with all the nuts and bolts of establishing a company. It’s an exciting process, but it’s jam-packed with all kinds of hurdles that you have to get around or overcome if you hope to succeed. Here are 4…
How To Make Your Business’ Bookkeeping Easier And More Affordable
there are many ways to improve your business’ bookkeeping process. This article will discuss how you can make your accounting processes easier for you and reduce your costs.
Gama Aviation sells 20% holding in China Aircraft Services for $2.0mn
LONDON, UK: Gama Aviation, the global business aviation service provider, has agreed the sale of its 20% holding in the issued share capital of China Aircraft Services Limited (CASL) to Hutchison CCF Investments Limited. China Aircraft Services Limited (CASL) provides services to commercial airlines at Hong Kong Airport. The sale, which is for cash consideration…
Samsung building $17bn chip making plant in Texas
LONDON, UK: Samsung Electronics has reached an agreement to construct a new fabrication plant in Taylor, Texas, USA, a bourse filing noted on Wednesday. Samsung plans to expand its production capacity of semiconductors through this investment to address growing demand for core, cutting-edge system semiconductors as well as contribute to the stabilization of the global…
PetroTal advises of social disruption impacting Bretana operations
CALGARY, CANADA: PetroTal Corp. (LON:PTAL) advises of community social disruption that is impacting the Company’s operations in the Bretana oil field. The social unrest situation evolved quickly near the barge loading area of the field. The oil field remains safe and producing; however, protestors are currently blocking access to the dock, preventing the Company from…
Tintra signs AI based payment services JV with TMC2
LONDON, UK: The board of directors of Tintra Plc has entered into a joint venture (JV) agreement with Time Machine Capital 2 Limited (TMC2) around the application of artificial intelligence (AI) in international payment services. The JV is the conclusion of the process previously described in the announcements of 8 and 13 October 2021. TMC2…
Telenor divests Open Universe and SDU fibre in Sweden for NOK 3.0bn
OSLO, NORWAY: Telenor has agreed to divest Open Universe and the company’s fibre to the home (FTTH) accesses in the single dwelling unit (SDU) segment to Global Connect for a total consideration of NOK 3 billion. The sale includes around 200,000 ports in the open fibre neworks model and approximately 14,000 single dwelling unit fibre…
France’s Adthink will offer new NFT marketing services
PARIS, FRANCE: Adthink, the French digital marketing specialist, announces the future launch of its NFT marketing services offer to brands wishing to communicate in this universe and develop their own tokens. Invented in 2014, NFTs, or non-fungible tokens, account for more than $11 billion in transactions in 2021 so far, according to NonFungible.com. Economic reality,…
Recyclus Group & Slicker Recycling partner to multiply UK battery recycling
LONDON, UK: Recyclus Group, a 49% Technology Minerals owned company, has signed a partnership agreement with Slicker Recycling Limited, one of the UK’s leading hazardous waste management and service delivery providers, with a view to further their visions of creating a circular economy for the UK battery market. The agreement between Recyclus Group and Slicker…