Credit Suisse announced to borrow up to 50 billion Swiss francs ($53.68 billion) from the Swiss National Bank under a covered loan facility and a short-term liquidity facility. Credit Suisse shares fell sharply hitting an all-time low after its top investor Saudi National Bank was quoted as saying it won’t be able to provide further…
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Useful Legal & Financial Tips to Help with Your Insurance Case
When it comes to insurance claims, legal and financial tips can be the difference between getting a fair settlement or being taken advantage of by your insurer. Whether you’re in the middle of an ongoing dispute with your insurer or are just starting to look into filing a claim, having some knowledge about the process…
Fujifilm Corporation makes strategic investment in PhenoVista Biosciences
SAN DIEGO: PhenoVista Biosciences announced a strategic investment by Fujifilm Corporation, Tokyo. Fujifilm Corporation’s Life Sciences Corporate Venture Capital (LS-CVC) strategic investment fund is investing in PhenoVista to accelerate the development of new high-content screening (HCS) assay services using FUJIFILM iCell® differentiated induced pluripotent stem cells (iPSCs) and PhenoVista’s cutting-edge imaging technologies. This investment builds…
VAALCO Energy promotes Thor Pruckl to Chief Operating Officer
HOUSTON, TEXAS: VAALCO Energy Inc. (NYSE: EGY) announced the promotion of Thor Pruckl to Chief Operating Officer. Mr. Pruckl has over 30 years of international and domestic development, exploration, production and midstream experience in both onshore and offshore energy operations. George Maxwell, Chief Executive Officer, commented, “Thor has been an integral part of our success…
Italy’s pre-exascale EuroHPC supercomputer is now the 4th most powerful in the world
PARIS, FRANCE: Italy’s pre-exascale EuroHPC supercomputer, based on Atos’ BullSequana XH2000, is now the 4th most powerful supercomputer in the world and 2nd in Europe, according to the TOP500 listing. Atos and its ecosystem of partners have already successfully delivered the main part of the Leonardo system, hosted and managed by Cineca computing center located…
WALLIX and Nozomi Networks sign technology alliance to strengthen industry cybersecurity
PARIS, FRANCE: WALLIX, a European cybersecurity software publisher and expert in Access and Identity Solutions, and Nozomi Networks signed a technology alliance to strengthen industry cybersecurity. Nozomi Networks supports the world’s largest oil, pharmaceutical, mining, and energy providers by securing their digital transformation. With digital transformation, industrial companies have modernized their production environment and equipped…
James Hardie Industries appoints Aaron Erter as CEO effective immediately
SYDNEY, AUSTRALIA: James Hardie Industries (NYSE: JHX), a world leader in fiber cement home siding and exterior design solutions, announced the appointment of Mr Aaron Erter as Chief Executive Officer, effective immediately. Aaron Erter joins James Hardie from a distinguished leadership career in large global and North American industrial, consumer and manufacturing businesses. Commenting on…
Stanmore to acquire remaining 20% interest in SMC from Mitsui
SYDNEY, AUSTRALIA: Stanmore Resources Limited (ASX: SMR) completed the acquisition of BHP Minerals Pty Ltd’s 80% interest in BHP Mitsui Coal Pty Ltd, now renamed Stanmore SMC Pty Ltd, through the acquisition of all the shares in Dampier Coal (Queensland) Proprietary Ltd. Stanmore’s wholly owned subsidiary, Dampier Coal, has signed a definitive share sale agreement…
Cipherpoint to acquire Sydney headquartered Excite IT for $3.25mn
SYDNEY, AUSTRALIA: Cipherpoint Limited (ASX: CPT) has entered into a binding but conditional agreement to acquire all of the issued capital and business of Sydney headquartered Excite IT Pty Limited. The acquisition price will be structured as a combination of cash and scrip and is up to $3.25m in aggregate consisting of upfront, deferred and…
Important Things To Know Before Trading Cryptocurrency
Even if you have been living under a rock for the past decade, you will still have heard about cryptocurrency, thanks to its prevalence in the media and somewhat mainstream adoption. However, while you may have heard about it and want to trade some, you can be excused for not knowing where to begin. Trading…
SS&C completes acquisition of Hubwise Securities Limited
WINDSOR: SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced it has completed its acquisition of Hubwise Holdings Limited (“Hubwise”). Hubwise is a regulated B2B investment platform serving advisers, discretionary wealth managers and self-directed digital D2C propositions. “We are pleased to announce the completion of this strategic acquisition for SS&C,” said Bill Stone, Chairman and CEO. “The partnership…
PCI-PAL forms strategic partnership driving open banking operations
LONDON, UK: PCI-PAL Plc (AIM: PCIP), the global cloud provider of secure payment solutions for business communications, to announced a partnership with TrueLayer, the international fintech provider of open banking solutions. Over time the partnership will see PCI Pal make a range of open banking services available to its partner ecosystem and direct customer-base. Through…