LONDON: Tate & Lyle PLC announced the appointment of Vivid Sehgal to the position of Chief Financial Officer with effect from 1 May 2021. Vivid will join Tate & Lyle as Chief Financial Officer Designate, and be appointed to the…
LUMIBIRD has confirmed interest in CILAS if the company was to be sold by its shareholders. “Such an acquisition would be in line with its development strategy,” LUMIBIRD noted. CILAS and LUMIBIRD have highly complementary technology portfolios which together would…
PARIS: Quadient S.A announced the divestment of its Graphics activities in Australia and New Zealand to Smartech Business Systems Australia Pty, a technology solutions provider and a long-term partner working with Quadient in the Asia-Pacific region. As part of the…
OSLO: Nel ASA outlines the target of producing green hydrogen at USD 1.5 per kilo by 2025, to outcompete fossil alternatives. Cost reductions through scale-up of production to multi-GW scale, growing the organization to add capacities and capabilities, and investing…
NEW YORK: Tracker Capital Management LLC announced that one of its affiliates has acquired controlling interest in Presage Security. Based in Reston, Virginia, Presage is a recently established technology venture applying machine learning and advanced mathematical processing to the analysis…
LABRADOR: Altius Resources Inc., a wholly-owned subsidiary of Altius Minerals Corporation, has entered into a subscription agreement to acquire ownership of 3.125 million of Wolfden Resources Corporation. The Shares will be acquired by Altius pursuant to a non-brokered private placement…
SCOTTSDALE: Limelight Network Inc. and its Board of Directors announced that Bob Lyons, previously CEO at Alert Logic, has been named President and CEO and will join the company and the board of directors effective February 1, 2021. Bob Lento,…
ISLAMABAD: The over Rs100 billion ($628 million) dispute between Sui Southern Gas Company (SSGC) and K-Electric Limited (KE), which is already deterring acquisition of KE by Shanghai Electric, is going to delay the commissioning of 450MW RLNG based power plant,…
AUCKLAND: Mercury NZ Limited Chief Executive Vince Hawksworth has announced changes to his executive structure as the renewable electricity generator and electricity retailer looks to the future. Mercury will realign its business with seven executive roles reporting to the Chief…
MELBOURNE: PointsBet Holdings Limited announced its wholly owned subsidiary PointsBet Michigan LLC has been authorised by the Michigan Gaming Control Board (MGCB) to commence online sport betting operations on Friday, 22 January 2021. Michigan will become the sixth operational US…
AUCKLAND: Downer EDI Limited announced that underground mining services at OZ Minerals’ Carrapateena mine will transition from Downer to Byrnecut Australia. The Chief Executive Officer of Downer, Grant Fenn, said the transition was another step in Downer’s strategy to exit…
SYDNEY: Pilbara Minerals Limited has completed the acquisition of the Altura Project, a news release said. Pilbara Minerals has acquired all of the shares in Altura Lithium Operations Pty Ltd (ALO), the entity which owns the Altura Lithium Project, in…