News Articles

Resort, hotels and plots of land up for grabs in the awaited Jewels of Madina public auction Dammam, Saudi Arabia -Wednesday 9 February 2022

Real estate investors are eagerly waiting to grab the five real estate opportunities up for sale in Al Madina and Yanbu, at the Jewels of Al Madina public auction, scheduled to open at 4:00 p.m. on Thursday in Taiba Hall at Hotel Le Meridien Madina. Hosted by Etqaan Real Estate, the auction...

Marlink and SES Turbo-Charge Long-Term Partnership With O3b mPOWER Commitment -Wednesday 9 February 2022

(BUSINESS WIRE)-- Smart Network Company Marlink and SES, the leader in global content connectivity solutions, have signed a multi-year, multi-million-euro deal, which will enable Marlink’s customers to access SES’s next-generation medium earth orbit constellation (MEO) -- O3b mPOWER, the two...

Toshiba Provides Update on Strategic Reorganization to Enhance Shareholder Value -Wednesday 9 February 2022

Refined Plan Includes Tax-Free Spin-off of Device Co., Resulting in Two Distinctive Companies with Agile Management and Leaner Cost Structures to Enhance Choices for Shareholders Reflects the Board’s Continued Commitment to Engage with Shareholders and Regulators to Achieve the Best Outcome...

New ABB study on industrial transformation unveils critical relationship between digitalization and sustainability -Tuesday 8 February 2022

(BUSINESS WIRE) -- ABB today released the findings of a new global study1 of international business and technology leaders on industrial transformation, looking at the intersection of digitalization and sustainability. The study, “Billions of better decisions: industrial transformation’s...

Fintech Innovator Streetbeat Raises $10M Round, Exceeds 35,000 Clients During One-Month Beta and 125,000 Trading Orders... -Tuesday 8 February 2022  

(BUSINESS WIRE) -- Streetbeat, a free investing and trading app for stock and cryptocurrencies with a proprietary marketplace of professional investment strategies, today announced that it has closed $10M in seed funding led by TTV Capital with additional backing from investors...

New Research Reveals Best Real Estate Investments for Residence and Citizenship Rights -Tuesday 8 February 2022

(BUSINESS WIRE) -- Henley & Partners in partnership with Deep Knowledge Analytics has launched the Best Investment Migration Real Estate Index — a unique new analytical tool to assess investment migration programs offering real estate investment as a pathway to residence rights or...

NVIDIA and SoftBank Group Announce Termination of NVIDIA’s Acquisition of Arm Limited -Tuesday 8 February 2022

(BUSINESS WIRE) -- NVIDIA (NASDAQ: NVDA) and SoftBank Group Corp. (“SBG” or “SoftBank”) today announced the termination of the previously announced transaction whereby NVIDIA would acquire Arm Limited (“Arm”) from SBG. The parties agreed to terminate the Agreement because of...

Takeda Delivers Strong Third Quarter FY2021 Results and Raises Full-Year Forecast Reflecting Strong Momentum -Monday 7 February 2022  

(BUSINESS WIRE) -- Takeda (TOKYO:4502/NYSE:TAK) today announced strong financial results for the third quarter of its fiscal year 2021 (period ended December 31, 2021) driven by robust topline growth of its 14 global brands. Based on the strong third-quarter results and business momentum, the...

Qredo Announces an $80mm Series A Raise Led by 10T Holdings, with Strategic Investment from Coinbase, Avalanche and... -Monday 7 February 2022  

(BUSINESS WIRE) -- Qredo, the decentralized Layer 2 infrastructure for the custody and settlement of digital assets, today announced the close of one of the largest Series A rounds completed to date in crypto and blockchain-related markets. Qredo’s $80 million USD Series A raise was led...

Infinite Blue Partners with Centre Systems Group -Monday 7 February 2022  

(BUSINESS WIRE) -- Infinite Blue, a leading provider of business continuity/disaster recovery planning and response management software, has partnered with Centre Systems Group (CSG), a global risk consultancy provider and technology management advisory firm. This partnership enables CSG to...

Hikma expands licensing agreement with Celltrion for Remsima® subcutaneous formulation in MENA -Monday 7 February 2022

Hikma Pharmaceuticals PLC (Hikma), the multinational pharmaceutical company, announces an exclusive licensing agreement with South Korea-based Celltrion, Inc. and Celltrion Healthcare, Inc. (Celltrion) for Remsima® subcutaneous (SC), the first subcutaneous formulation of infliximab. The...

TEST - - Bullit Enhances Offering with Theta Network -Monday 7 February 2022

(BUSINESS WIRE)-- Bullit Technology is delighted to announce the rollout of its products on the Theta Network. Theta has been at the forefront of the new wave blockchains and is the ideal partner for us as we gradually move from a centralised system into a decentralised one. Our...

Yokogawa Selected as System Integrator for Open Process Automation Field Trial -Monday 7 February 2022  

(BUSINESS WIRE) -- Yokogawa Electric Corporation (TOKYO: 6841) announces that it has been selected by ExxonMobil as the system integrator for the first field trial of an Open Process Automation* (OPA) system designed to operate an entire production facility. The field trial will take place at...

Dr. Reddy's Laboratories Enters Into Definitive Agreement to Acquire German Medical Cannabis Firm Nimbus Health... -Saturday 5 February 2022

(BUSINESS WIRE)-- Dr. Reddy's Laboratories Ltd. (BSE: 500124, NSE: DRREDDY, NYSE: RDY, NSEIFSC: DRREDDY, along with its subsidiaries together referred to as "Dr. Reddy's") today announced that it has entered into a definitive agreement to acquire Nimbus Health GmbH ("Nimbus Health"). Nimbus...

Celestial AI Raises $56 Million Series A to Disrupt the Artificial Intelligence Chipset Industry with Novel... -Friday 4 February 2022  

(BUSINESS WIRE) -- Celestial AI, an AI-accelerator company with a proprietary hardware and software platform for machine learning chipsets, today announced a $56 million Series A investment led by Koch Disruptive Technologies (KDT) with participation from Temasek’s Xora Innovation...

Brightcove acquires Leading Audience Insights Company, Wicket Labs -Friday 4 February 2022

(BUSINESS WIRE)-- Brightcove Inc. (NASDAQ: BCOV), the global leader of video for business, announced it has acquired Wicket Labs, an audience insights company that gives users visibility into content and subscriber analytics. Brightcove’s intelligent video platform enables customers to...

Sintavia Forms Advisory Board -Friday 4 February 2022

(BUSINESS WIRE) -- Sintavia, LLC, a designer and 3D printer of advanced propulsion and thermodynamic systems, announced today that it had launched an advisory board comprised of leaders from within the Aerospace, Defense, & Space and Additive Manufacturing industries. The board, which will meet...

Organon Declares Paid Time Off for All Employees on International Women’s Day; Employees to Focus on Their Own... -Friday 4 February 2022  

(BUSINESS WIRE) -- Organon (NYSE: OGN), a global women’s health company, is designating International Women’s Day (IWD) on March 8 as a day to recognize the growing health disparities women face that have been exacerbated by the COVID-19 pandemic. Since its inception, IWD has focused on...

Presenting the 2021 Partech Africa Report: Africa Tech Booms in 2021 With $5.2B Raised in Equity, $6B Including... -Thursday 3 February 2022

(BUSINESS WIRE) -- Today, Partech Africa publishes its annual report on VC Funding for African Startups. In 2021, amid global VC growth, Africa tech still grew faster than any other region with 2x the activity of last year and more than 3x the amount invested, reaching $5.2B. A year of...

Moody’s to Acquire Majority Stake in GCR Ratings, Expanding Presence in Africa -Thursday 3 February 2022

(BUSINESS WIRE)-- Moody’s Corporation (NYSE: MCO) announced today that it has agreed to acquire a majority (51%) stake in Global Credit Rating Company Limited (GCR). GCR is a leading credit rating agency in Africa with operations spanning the continent, including in South Africa, Nigeria,...