New £150m fund to boost smaller businesses in Scotland
The British Business Bank has launched a new £150m Investment Fund for Scotland (IFS) to help smaller businesses across the country to prosper and thrive....
Toyota partners with LG Energy Solution to boost its electric vehicle production in the U.S.
Toyota, the world’s largest automaker, has signed an agreement with South Korea’s LG Energy Solution to supply lithium-ion batteries for its electric vehicles that will...
British car sales up 20% in September 2023, but electric vehicles lag behind
The latest data from the Society of Motor Manufacturers and Traders (SMMT) showed that new car registrations in Britain increased by about 20% in September...
Essar Oil UK secures $150 million financing for working capital and low-carbon refinery project
Essar Oil UK Ltd. (EOUK), a subsidiary of Essar Energy Transition (EET), has secured $150 million in financing from Hamburg Commercial Bank AG and Mizrahi...
MERGE acquires Zee Jay Digital to boost content supply chain management
MERGE, a company that combines storytelling and technology to promote health, wealth and happiness, has announced the acquisition of Zee Jay Digital, a leading Adobe...
Google launches Pixel 8 Smartphones and Smartwatch with AI features
Google launched its new Pixel 8 smartphones and Google Watch 2 on Wednesday, both of which feature integrated AI technology. The Pixel 8 smartphones are...
Apple releases iOS update to fix heat issue in new iPhone 15 models
On Wednesday, Apple rolled out iOS 17.0.3, which includes a fix for a problem that made the new iPhone 15 models heat up. The software...
Canva Unveils AI-Powered Design Tools to Take on Adobe
Canva, the Australian design software company, has unveiled a suite of artificial intelligence-powered tools to take on competitors including Adobe. One of the key distinctions...
Imperial spinout secures £3.5m investment for nanoparticle analysis
SPARTA Biodiscovery, a company that develops novel methods to analyse nanoparticles for advanced medicines, has received a £3.5 million seed investment from Sartorius, a leading...
Ripple gets full license to offer crypto payment services in Singapore
Ripple, a company that deals with cryptocurrency, announced on Wednesday that it has secured a full license as a major payments institution in Singapore. This...
Teledyne Technologies to acquire Xena Networks, a leader in terabit ethernet test solutions
Teledyne Technologies Incorporated (NYSE:TDY), a leading provider of instrumentation, digital imaging, aerospace and defense electronics, and engineered systems, announced today that it has entered into...
Oaktree acquires Consolidated Chassis Management and launches new chassis pool
Oaktree Capital Management, L.P., a private equity firm, has announced the acquisition of Consolidated Chassis Management LLC (CCM), a leading manager of marine chassis pools...