LONDON: Argo Blockchain, the leading cryptocurrency miner based in the UK, announced that 1295 S19 and S19 pro miners were brought onstream this week. The machines, which were ordered in November 2020 and delivered ahead of schedule, will add approximately…
LONDON: Further to its announcement on 5 January 2021, Avingtrans PLC has completed the acquisition of a majority stake in Magnetica following approval from Magnetica shareholders earlier today. The combination will see Avingtrans’ two medical equipment businesses, Scientific Magnetics (SciMag)…
LONDON: National Australia Bank Limited (NAB) has entered into a scheme implementation agreement to acquire 100% of the shares in 86 400 Holdings Ltd, the holding company of Australian neobank, 86 400. Founded by Cuscal Ltd and led by CEO…
LONDON: CLS Holdings has unconditionally exchanged contracts to acquire a portfolio of three office buildings in Düsseldorf, Berlin and Hamburg for €89.7 million, excluding costs, from Commodus Real Estate. The three properties are occupied by 31 tenants, providing a diversified…
SAN DIEGO: Jack in the Box Inc. announced that Ryan Ostrom will join the company as Executive Vice President and Chief Marketing Officer, effective February 1, 2021. Ostrom joins the company with over 15 years of marketing and branding experience,…
AMSTERDAM: Housing corporation Staedion has chosen Heijmans as its partner to work with The Hague city council on the transformation and renewal of the city’s Dreven, Gaarden and Zichten neighbourhoods. In a follow-up to a letter of intent signed in…
Magnora ASA (OSE: MGN) is a renewable energy company looking for profitable green investment opportunities. The company is listed on the main list on Oslo Stock Exchange under the ticker MGN. Magnora launched its focus on wind power in February…
OSLO, NORWAY: Renewable energy company Magnora ASA has entered into an agreement with an undisclosed global offshore energy technology and service company to establish a joint floating wind company called Magnora Floating Wind. Magnora’s strategic partner has vast experience over…
MUNICH: Mutares SE & Co. has signed an agreement on the acquisition of the Ericsson Services Italia S.p.A. from Ericsson Telecomunicazioni S.p.A, a news release said. The company is a leading provider of Information and Communication Technology (ICT) services to…
WELLINGTON: Kiwi Property reported the December 2020 sales for its retail portfolio, including a 4.2% increase on the prior year. Specialty store sales grew 9.3%, while major retailers recorded a 6.5% year-on-year uplift. Sales at Sylvia Park, New Zealand’s favourite…
STRASBOURG: 2CRSi, a designer and manufacturer of energy-efficient computer servers, has been selected by the European Commission to contribute to designing and building a European sovereign High Performance Computing solution, a news release said. 2CRSi announced it is among the…
KARACHI: National Electric Power Regulatory Authority (NEPRA) has awarded a 25-year levelized tariff of Rs6.425/kwh to Hamid Mir sponsored Safe Solar Pvt Ltd for its 10MW solar power plant being setup in Bhawalpur with a cost of $9.25 million. …