Ren Zhengfei, the founder of Chinese telecoms giant Huawei Technologies, has shifted his focus from pursuing scale to securing profits and cash flow as the global economy enters a prolonged…
Category: News
Trustee Appointed for the Arbitration Proceedings Concerning the Redemption of Minority Shares in Basware Corporation
Sapphire BidCo Ltd (“Sapphire BidCo”) has on 27 July 2022 commenced redemption proceedings in respect of Basware Corporation’s (“Basware”) minority shares by initiating arbitration proceedings in accordance with Chapter 18,…
HCW Biologics (NASDAQ: HCWB) Reports Second Quarter 2022 Financial Results And Recent Business Highlights
HCW Biologics (NASDAQ: HCWB), a clinical-stage biopharmaceutical company focused on discovering and developing novel immunotherapies to lengthen healthspan by disrupting the link between chronic, low-grade inflammation and age-related diseases, today reported…
Baseload Power Iceland to increase capacity with new geothermal well
Baseload Power Iceland and Varmaorka ehf. are pleased to announce that they have received all required approval to begin drilling a new well called ER-24 and located in Efri-Reykir, Bláskógabygð…
The BuildData Group Hires Chief Marketing Officer
BuildData Group AB reported that it has hired Maria Hudson as Group Chief Marketing Officer (CMO). As a seasoned professional and marketing stalwart, Maria has held key senior positions across…
Economic crisis in Sri Lanka: ‘I don’t have money to buy milk for my babies’
The smell hits you first. Freshly cooked rice, lentils and spinach delivered by ladles from steaming cauldrons. Dozens of families, including mothers with babies, lined up with plates in their hands…
Mitsubishi UFJ acquires Nomura HD’s Thai securities subsidiary for 21.2 billion yen
Mitsubishi UFJ has acquired 99.1% of the issued shares of Capital Nomura Securities (CNC), a medium-sized Thai securities company, and plans to acquire all the shares by the end of…
YouTube introduces new YouTube Music icon in its main app
When users initially viewed lyric videos on the main YouTube app, YouTube introduced a new way for them to play their lyric videos in YouTube Music. Now, users will notice…
Microsoft’s anti-competitive behavior in cloud business alleged by three European companies
French cloud service company OVH Cloud announced on the 17th that it has filed a complaint with the European Union (EU) European Commission that Microsoft is doing anti-competitive acts in…
China raises fuel prices Gasoline is at its highest level since 2006
Retail prices of gasoline in China have been raised to at least the levels since 2006. Diesel fuel has been raised to the level for the first time in 10 years. It…