MELBOURNE: Rio Tinto has announced that by mutual agreement, J-S Jacques will step down from his role as an executive director and Chief Executive of the Group. A process to identify his successor is underway. J-S will remain in his…
TORONTO: XTM Inc., a Toronto-based Fintech company, has signed a Letter of Intent (“LOI”) with one of the largest online cannabis retailers in the U.S. to launch a proprietary cashless payment network. This will be the first of its kind,…
OSLO: Equinor ASA has entered into an agreement with BP to sell 50% non-operated interests in the Empire Wind and Beacon Wind assets on the US east coast for a total consideration before adjustments of USD 1.1 billion, a news…
OSLO, NORWAY: Cloudberry Clean Energy AS has received 100% acceptance for its offer to the shareholders in Scanvind2 AS, the holding company of the offshore wind project “Rewind Vänern”. The transaction marks a new step towards Cloudberry’s ambition of becoming…
OSLO: Kongsberg Maritime has been contracted to design and equip a highly innovative vessel for the Norwegian krill processing firm Rimfrost. It is expected that the vessel will be ready to begin operations in 2022. The contract has been awarded…
OSLO: Aqua Bio Technology (ABT) has acquired all rights to Moana Skincare and integrates backwards in the value chain. ABT will pay up to NOK 26.7 million for the rights to Moana Skincare with three initial payments (NZD 500,000, NZD…
ISLAMABAD: Government has issued Alternate and Renewable Energy (ARE) Policy 2020 setting requisite processes in place so that ARE is fully mainstreamed and integrated within the energy planning as the country intends to have at least 20 percent of its…
REDLANDS: Esri, the global leader in location intelligence, and the United Nations (UN) Sustainable Development Solutions Network (SDSN) have launched the 2020 ArcGIS StoryMaps Competition for the Sustainable Development Goals. The SDSN is a leading nongovernmental organization (NGO) working to…
MOUNTAIN VIEW: Hawk Ridge Systems has acquired Quest Integration, a leading DS SOLIDWORKS Reseller in the West, a news release said. The combined company will be the largest provider of HP and Markforged 3D printing solutions and one of the…
CARLSBAD: MaxLinear Inc. has completed the acquisition of NanoSemi Inc. for an initial transaction consideration consisting $10 million in cash and 804,163 shares of MaxLinear’s Common Stock. NanoSemi is an industry-leading provider of intellectual property that utilizes patented machine learning…
PLANO: J.C. Penney Company Inc. has reached an agreement in principle to sell JCPenney through a court-supervised sale process. The Company plans to seek approval of a disclosure statement and, ultimately, confirmation of a plan of reorganization in parallel with…
COSTA MESA: Strategic Data Center Fund Manager LLC announced acquisition of a tier III data center, which includes 21,100 rentable square feet and is located in one of the largest and most prominent data center markets in the world. The…