GENEVA, SWITZERLAND: STMicroelectronics, a global semiconductor leader serving customers across the spectrum of electronics applications, announced today that Benedetto Vigna, President of the Analog, MEMS and Sensors Group, has informed the company that he will step down from his position…
OSLO, NORWAY: Norske Skog ASA announced the closure of the Tasman mill in New Zealand and a sales process for the mill’s assets. Production will cease by 30 June 2021, permanently reducing Norske Skog’s newsprint capacity by approximately 150,000 tonnes….
SYDNEY, AUSTRALIA: QuickFee Limited (ASX: QFE) has announced the appointment of Eric Lookhoff as CEO with effect from July 01, 2021. Having established the QuickFee business in both Australia and the United States, and led the significant growth in operations,…
SYDNEY, AUSTRALIA: Fremont Petroleum Corporation Limited (FPL) reports that oil sales for the June quarter are forecast to exceed 20,500 barrels of oil (BBL), a significant increase on the 12,894 BBL reported for the March quarter, up 58.9 percent. This…
SYDNEY, AUSTRALIA: Asaleo Care Limited confirmed that the Federal Court of Australia has made approved the proposed acquisition of Asaleo Care by a wholly owned subsidiary of Essity Group Holding BV. Asaleo Care is a leading personal care and hygiene…
MANAMA, BAHRAIN: Britus Education, the fully owned education investment platform of GFH Financial Group, announced the acquisition of The British International School of Tunis (BIST), further expanding the Group’s presence in the Tunisian market, where GFH is already the major…
OSLO, NORWAY: Mercell Holding ASA has completed the acquisition of 100% of the shares in the leading Finnish e-Tendering provider Cloudia Oy. The acquisition represents a major step in Mercell’s strategy to become the leading European provider of public e-tendering…
KARACHI, PAKISTAN: Vitol Bahrain has offered to provide one LNG cargo of 140,000 cubic meters to Pakistan LNG Limited (PLL) at the rate of $12.77/mmbtu. PLL had invited bids for the supply of two LNG cargoes of 140,000 cubic meters…
LONDON, UK: ASB Bank Limited (ASB) noted the announcement by S&P Global Ratings (S&P) dated 7 June 2021 regarding the rating of ASB. S&P has affirmed ASB’s Long Term Issuer Credit Rating at AA- and revised the outlook on ASB…
PARIS, FRANCE: TotalEnergies will expand Amsterdam’s current network with 2,200 new EV charging points, to be installed by fall 2022, a news release said. The municipality of Amsterdam has awarded the concession for the expansion of its public charging network…
BRUSSELS, BELGIUM: Umicore SA has appointed Mathias Miedreich to succeed Marc Grynberg as CEO of the Group in the 4th quarter of this year, a news release said. Marc and Mathias will work together to ensure an optimal onboarding of…
VILNIUS, LITHUANIA: Linas Agro Group, is borrowing funds from Luminor, Swedbank and SEB banks to finance the acquisition of companies of the KG Group. The syndicated local will be granted under the permission to execute the said acquisition issued by…