London shares prices managed a positive finish on Monday, as investors watched for updates on talks between Russia and Ukraine, with weakness in the heavily-weighted mining sector dragging on the gains. The FTSE 100 ended the session up 0.57% at 7,196.25, and the FTSE 250 was 1.28% firmer at 20,464.68. Sterling was in a mixed…
Atyab Tahir appointed CEO of JazzCash
AMSTERDAM: VEON Ltd. (NASDAQ: VEON), a leading global provider of connectivity and internet services, announces the appointment of Atyab Tahir as Chief Executive Officer of JazzCash, the number one digital financial services provider in Pakistan and a division of Jazz, a VEON Group company that is Pakistan’s leading mobile services provider. Atyab is currently Country…
Africa’s ‘Freiheits Gas’ Can Help Europe
Russia’s invasion of Ukraine has expanded the meaning of “energy transition” in Europe. Usually, that term means moving away from the fossil fuels that have driven progress for generations and turning, instead, to emerging green energy sources. But with the U.K. phasing out Russian oil imports following the U.S.’s ban – and more EU countries expected to…
Australian shares prices gained 1.21% on Monday
Australian shares prices edged higher on Monday, as Financials, Healthcare and Consumer Staples sectors led shares higher. At the close in Sydney, the S&P/ASX 200 gained 1.21%. The best performers of the session on the S&P/ASX 200 were Elders Ltd (ASX:ELD), which rose 11.00% or 1.32 points to trade at 13.32 at the close. Meanwhile,…
Fitch assigned a new credit rating to Metalloinvest
MOSCOW, RUSSIA: Metalloinvest, a leading global iron ore and HBI producer and supplier, and one of the regional producers of high-quality steel, today announced that Fitch Ratings has downgraded the Company’s corporate rating to “CC” on March 11th. According to Fitch’s statement, the rating actions reflect new restrictions that may impair the company’s ability to…
Kering Eyewear acquires Maui Jim Inc.
PARIS, FRANCE: Kering Eyewear, a global Luxury group that develops a series of renowned Houses in Fashion, Leather Goods and Jewelry, has signed an agreement to acquire Maui Jim Inc., one of the world’s fastest-growing high-end eyewear companies. Founded in 1987, Maui Jim is the world’s largest independently owned high-end eyewear brand with a leading…
Keltbray to lease hybrid fuel cell system for London construction site
LONDON, UK: AFC Energy (AIM: AFC), a leading provider of hydrogen power generation technologies, is pleased to announce its collaboration with Keltbray for the lease of the Company’s first fuel cell for deployment to a UK construction site. Highlights · Keltbray is a leading UK based construction and engineering group with an objective of achieving…
Cellular Agriculture
Cellular agriculture is the production of agricultural products directly from cells, as opposed to raising an animal for slaughter, or growing crops. This encompasses cell culture to produce cultivated meat and materials, and fermentation processes that harness a combination of molecular biology, synthetic biology, tissue engineering and biotechnology to massively simplify production methods in a…
Agronomics invests more in plant cell culture company, GALY CO
LONDON, UK: Agronomics, the leading listed company focused on the field of cellular agriculture, has invested a further $1 million into GALY CO. GALY CO. is an existing portfolio company focused on plant cell culture. Agronomics will subscribe for 364,710 Series A Preferred Stock using cash from the Company’s own resources. Following this investment, Agronomics…
Tracsis buys rail technology software & services provider, RailComm for $14.2mn
LONDON, UK: Tracsis Plc has acquired RailComm LLC, a North American based rail technology software and services provider. Tracsis Plc is a leading provider of software, hardware, data analytics/GIS and services for the rail, traffic data and wider transport industries. Headquartered in Fairport, New York and established in 1999, RailComm provides mission critical automation and…
Argo Blockchain signs fleet swap agreement with Core Scientific
LONDON, UK: Argo Blockchain plc, a global leader in cryptocurrency mining (NASDAQ: ARBK) has signed a fleet swap agreement with Core Scientific Inc. (NASDAQ: CORZ). The agreement exchanges Argo’s Bitmain Antminer S19 series bitcoin mining fleet hosted at Core for S19J Pro bitcoin miners previously ordered by Core to be delivered directly to Argo’s new…
Rio Tinto offers to acquire 49% stakes in Turquoise Hill for $2.7bn
LONDON, UK: Rio Tinto has made a non-binding proposal to the Turquoise Hill Board to acquire the approximately 49% of the issued and outstanding shares of Turquoise Hill that Rio Tinto does not currently own. Under the terms of the Proposed Transaction, Turquoise Hill minority shareholders would receive C$34 in cash per Turquoise Hill share,…