LONDON: Savannah Resources has entered into an ‘Added Value Services Agreement’ with EIT InnoEnergy, as part of the Business Investment Platform (BIP) launched last September to accelerate the development of a European battery industry. EIT InnoEnergy is the innovation engine…
LONDON: UK supermarket real estate investor, Supermarket Income REIT has announced the formation of a 50:50 joint venture (JV) with British Airways Pension Trustees Limited (BAPTL) to acquire from British Land Plc a 25.5% stake in one of the UK’s…
LONDON: Walker Greenbank PLC, the luxury interior furnishings group, is restarting manufacturing on a phased, demand-led basis following the Covid-19 related shutdown of its two UK factories. Staff began to return last week to Standfast & Barracks, the Company’s fabric…
LONDON: John Lewis, operator of two of Britain’s best-loved retail brands – John Lewis & Partners and Waitrose & Partners, will begin to reopen its shops for customers as part of a gradual approach from Monday 15 June, starting with…
TULSA: Unit Corporation, a Tulsa-based, publicly held energy company, has filed voluntary petitions under Chapter 11 of the United States Bankruptcy Code to effectuate a pre-negotiated Chapter 11 plan of reorganization that will reduce the Company’s funded debt obligations by…
BOSTON: Boston-based fintech startup Airfox is joining Via Varejo, the largest retailer in Brazil serving 60 million customers through popular nationwide retail chains Casas Bahia and PontoFrio. Publicly held Via Varejo is acquiring Airfox for an undisclosed amount. Airfox will…
ST. PAUL: 3M Company has settled two lawsuits connected with the company’s global efforts to combat fraud, price gouging and counterfeiting. 3M Company and King Law Center, Chartered have resolved the legal action 3M initiated in federal district court in…
HAMILTON BERMUDA: Archer Limited announced its formal contract award for provision of modular drilling unit and associated services by TAQA. “We are delighted with the award of this contract which secures the rig work until late 2023.” said Dag Skindlo,…
TORONTO: Spearmint Resources Inc. has acquired the ‘Escape Lake North’ PGM Project in Ontario, Canada consisting of approximately 2,500 contiguous acres. This new project is prospective for platinum group metals (PGM) and is located near existing infrastructure in a mining-friendly…
TORONTO: Advantagewon Oil Corp., has agreed to acquire a 42.5% working interest in four wells, and the associated land lease for the wells, from a private Company. Advantagewon is focused on building consistent cash flow from low cost, low risk…
SINGAPORE: CapitaLand will be launching an ecommerce platform eCapitaMall, and an online food ordering platform Capita3Eats to complement sales of its shopping malls in Singapore. Both platforms will be accessible by the public via CapitaLand’s CapitaStar app and mall websites…
LONDON: Great Western Mining Corporation has announced the signing of an option agreement with Nevada Select Royalties Inc., a subsidiary of Ely Gold Royalties Inc., to acquire 48 mineral claims in Nevada, the “Olympic Gold Project”, which are prospective for…