SME manufacturers in the north west of England will benefit from an additional £230,000 in funding to accelerate the adoption of advanced digital technologies and strengthen their competitiveness. The Department for Business and Trade (DBT) has awarded the extra funding to Made Smarter Adoption North West, enabling at least ten more businesses to introduce transformative […]
Abu Dhabi’s sovereign wealth fund is set to acquire the automotive division of McLaren, the renowned British supercar manufacturer, in a move that reshapes the ownership of one of the UK’s most iconic motoring brands. The deal follows a difficult period for the Woking-based firm, which recorded a record annual loss of £924 million in […]
After years of surging rental costs, tenants are finally seeing signs of relief. According to new data from property portal Zoopla, annual rent inflation has slowed to 3.9 per cent, its lowest rate since August 2021. Although rents are still increasing, this marks a significant cooling from 2022’s peak growth of 12 per cent. For […]
McWin Capital Partners, the European food-focused investment firm, is reported to be in early talks to acquire Gail’s, the much-loved but premium-priced UK bakery chain, according to a report by Bloomberg. The news comes hot on the heels of Gail’s owners hiring Goldman Sachs to prepare an auction, amid widespread speculation that the brand could […]
Article content (Bloomberg) — GE Vernova Inc. has signed multiple contracts to sell natural gas turbines for data centers that will use enough power to light up major cities, the company’s top executive said. Article content Big technology companies are reserving turbines — the engines at the heart of gas-fired power plants — for their […]
Article content NEW YORK — The Cannabist Company Holdings Inc. (Cboe CA: CBST) (OTCQX: CBSTF) (FSE: 3LP) (“The Cannabist Company” or the “Company”), one of the most experienced cultivators, manufacturers and retailers of cannabis products in the U.S., announced today it is launching the brand dreamt, in Maryland, with additional markets and products to follow […]
Article content TORONTO and OTTAWA, Ontario and MONTREAL, Dec. 11, 2024 (GLOBE NEWSWIRE) — The Bank of Canada has delivered another cut, reducing its policy rate by 50 basis points to 3.25 per cent, in a continued response to mounting economic pressures. CPA Canada’s Chief Economist, David-Alexandre Brassard, says this latest move substantiates the Bank’s […]
This section is Partnership Content supplied The content in this section is supplied by GlobeNewswire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by GlobeNewswire Breadcrumb Trail Links GlobeNewswire Author of the article: GlobeNewswire Published Dec 11, 2024 • 6 minute read Article content VANCOUVER, […]
Article content LIMASSOL, Republic of Cyprus, Dec. 11, 2024 (GLOBE NEWSWIRE) — Eurasia Resource Value S.E. (“ERV”) today announced that it has acquired 1,052,632 common shares (“Common Shares”) of Condor Energies Inc. (“Condor”) (TSX: CDR) as part of a larger offering by Condor of Common Shares under the Listed Issuer Financing Exemption and other exemptions […]