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Repsol acquires Asterion Energies in EUR 560 million deal

December 16, 2022 11:41 am
Spanish oil major Repsol said today that it had agreed to acquire renewable energy company Asterion Energies for as much as EUR 560 million plus contingent payments of up to EUR 20 million. Asterion Energies’ 7.7 gigawatt portfolio consists of 4.9 gigawatts of photovoltaic solar and 2.8 gigawatts of wind generation, 2.5 gigawatts of which […] Read more

ThreeD Capital acquires 1,400,000 common shares of Infinitii AI

December 16, 2022 10:03 am
Canadian venture capital firm ThreeD Capital Inc said on Thursday that it had acquired ownership and control of an aggregate of 1,400,000 common shares of Infinitii AI Inc via a number of transactions ending on December 12th. Those shares, which were purchased through the facilities of the Canadian Securities Exchange, represented about 1.1% of all […] Read more

Mercedes-Benz to receive low-carbon aluminium from Norsk Hydro

December 15, 2022 11:14 am
Mercedes-Benz said on Thursday that it would be supplied with low-carbon aluminium by Norsk Hydro from 2023, which it will use in a range of vehicle models, including its electric EQ models. The luxury auto maker plans to achieve near-zero carbon aluminium by the end of the current decade. The company also aims to reduce […] Read more

Sodexo, Tetra Pak renew five-year global agreement

December 15, 2022 9:24 am
Sodexo (SDX) said on Thursday that it had renewed its 5-year agreement with Tetra Pak, a leading food processing and packaging solutions firm, to provide integrated facilities management services internationally. The collaboration between the two companies, which began in 2018 on a 22-country geographic scope, covers 65 sites in Europe, Brazil and the Asia Pacific […] Read more

ING Germany ties up with Paysafe to improve consumer offering

December 14, 2022 11:24 am
Paysafe’s cash arm and ING Germany, the third-largest bank in the country in terms of client numbers, on Wednesday announced a new partnership. Starting December 14th, over 9 million ING clients will be able to make cash deposits or withdrawals from their current account at participating retailers across Germany. Known as “ING Cash”, the new […] Read more

Volkswagen, Enel form joint venture focused on high-speed charging

December 14, 2022 9:48 am
Volkswagen (VOWG) said on Tuesday that it had established a joint venture with Italy’s Enel (ENEI) to build 3,000 high-speed charging points with a capacity of up to 350 kW across Italy for electric vehicles. Each of the companies will invest as much as EUR 100 million, it said. Drivers of electric vehicles made by […] Read more

Oceanic Iron Ore names Gerrie van der Westhuizen as its next CFO

December 12, 2022 12:38 pm
Oceanic Iron Ore Corp said on Monday that it had appointed Gerrie van der Westhuizen as its next Chief Financial Officer and Corporate Secretary, effective January 1st 2023. He is to succeed Chris Batalha, who has provided his notice of resignation from the firm, effective December 31st, for personal reasons. Oceanic Iron Ore said Batalha […] Read more

ATRenew extends existing share repurchase program

December 9, 2022 12:26 pm
ATRenew Inc (RERE), a Chinese technology-driven pre-owned consumer electronics transactions and services platform, said on Friday that its board of directors had authorized an extension of its existing share repurchase program for additional 12 months, beginning from December 28th. The existing share repurchase program was adopted by the board on December 28th 2021, under which […] Read more

Boeing, United Air to make a “historic announcement” next week, report says

December 9, 2022 10:20 am
According to a report by Reuters, citing knowledgeable sources, United Airlines and Boeing Co are expected to announce a huge 787 Dreamliner order during the upcoming week. There will be a “historic announcement” next Tuesday at the Boeing South Carolina plant at an event that will be attended by United’s Chief Executive Officer Scott Kirby […] Read more