November 22, 2023 3:42 pm
Mitsubishi Heavy Industries (7011) announced on Wednesday that it forecast a twofold increase in its defense revenue to nearly JPY 1 trillion from the business year that begins in April 2024. The increase is expected to be generated in part with the expansion of facilities to build missiles and develop next-generation fighter jets. The Japanese […]
Read moreNovember 22, 2023 7:56 am
CytoDyn Inc said on Tuesday that it had appointed Dr. Jacob Lalezari as Interim Chief Executive Officer, effective November 17th. Dr. Lalezari will head the company’s corporate and product development, with a focus on short-term clinical development and associated fundraising. Previously, Dr. Lalezari was Interim Chief Medical Officer of CytoDyn in 2020 and has been […]
Read moreNovember 21, 2023 10:21 am
TC Energy (TRP) said in a statement that its Virginia Reliability Project had been approved by the US Federal Energy Regulatory Commission (FERC). The project is expected to add more than $500 million of economic value and to create over 3,500 jobs in the state. Columbia Gas Transmission’s Virginia Reliability Project represents an expansion project, […]
Read moreNovember 20, 2023 5:13 pm
Spectra7 Microsystems Inc, a provider of high-performance analog semiconductor products for broadband connectivity markets, said on Monday that it had appointed David Mier as Interim Chief Financial Officer. Previously, the company had said that its Chief Financial Officer, Bonnie Tomei, would take a personal leave of absence, effective December 1st, due to a family medical […]
Read moreNovember 20, 2023 11:40 am
L&T Technology Services Limited, a global pure-play engineering services company, announced on Monday a collaboration with NVIDIA to develop software-defined architectures for medical devices focused on endoscopy. That solution comes as a response to the industry-wide challenges of availability, cost and dependencies associated with custom and proprietary hardware components. The architecture boasts an image processing […]
Read moreNovember 18, 2023 12:03 pm
Albemarle Corporation, a global provider of essential elements for mobility, energy, connectivity and health, said on Friday that it had promoted Cynthia Lima to Senior Vice President, Chief External Affairs and Communications Officer. Cynthia Lima joined the company as Chief Communications Officer early in 2023 and has expanded her remit to include the global external […]
Read moreNovember 17, 2023 3:00 pm
Rithm Capital Corp said on Friday that it had finalized its previously announced acquisition of Sculptor Capital Management Inc for $12.70 per Class A share in a deal estimated at approximately $719.8 million. Sculptor’s common stock will now discontinue trading on the New York Stock Exchange and will be delisted. Citi acted as the sole […]
Read moreNovember 17, 2023 10:21 am
Sasol Limited said on Friday that it had appointed Simon Baloyi as President, Chief Executive Officer and executive director of the company, effective April 1st 2024. Simon Baloyi is to succeed Fleetwood Grobler, who will continue to serve as an executive advisor until December 31st 2024 in order to ensure a smooth and structured handover. […]
Read moreNovember 16, 2023 2:46 pm
GigaCloud Technology Inc, a pioneer of global end-to-end B2B e-commerce solutions for large parcel merchandise, said on Thursday that it had finalized the acquisition of a 100% equity interest of Apexis Inc (dba “Wondersign”) for $10 million in cash. Wondersign is a cloud-based interactive digital signage and e-catalog management SaaS company based in Tampa, Florida, […]
Read moreNovember 16, 2023 10:17 am
Farmers Edge Inc, a pure-play digital agriculture firm, said on Wednesday that it had entered into an amendment to its secured credit facility with Fairfax Financial Holdings Ltd. The credit facility was increased by $6.37 million to a principal amount of $81.37 million, Farmers Edge said. The increased amount is being extended on the same […]
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