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Category: Business Finance

Kinaxis Announces $40,000 Academic Award to Empower the Next Generation of Supply Chain Innovators

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Company gives aspiring supply chain students a boost in honor of its 40th anniversary OTTAWA, Ontario–BUSINESS WIRE– In celebration of its 40th anniversary, Kinaxis® (TSX:KXS), a global leader in end-to-end supply chain orchestration, today announced a $40,000 academic award to help students looking to pursue careers in supply chain. Kinaxis is strengthening its partnerships with … Continued

Hut 8’s Strategic Bitcoin Reserve Surpasses $1 Billion in Market Value with Purchase of $100 Million of Bitcoin

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Reserve built through low-cost production and strategic at-market purchase Purchased Bitcoin to support innovative financing model for fleet upgrade MIAMI, Dec. 19, 2024 (GLOBE NEWSWIRE) — Hut 8 Corp. (Nasdaq | TSX: HUT) (“Hut 8” or the “Company”), a leading, vertically integrated operator of large-scale energy infrastructure and one of North America’s largest Bitcoin miners, … Continued

MBK Partners and Young Poong Expand Stake in Korea Zinc to 46.7% of Voting Shares

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Strategic Move Solidifies Control and Strengthens Governance SEOUL, South Korea–BUSINESS WIRE– MBK Partners, through its special-purpose company, Korea Corporate Investment Holdings Co., Ltd., has acquired an additional 1.13% stake in Korea Zinc. This latest acquisition increases MBK Partners and Young Poong’s combined stake in Korea Zinc to 40.97% of the total issued shares and 46.7% … Continued

Pill testing a welcome start to saving lives

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Thursday, 19 December 2024 Pill testing a welcome start to saving lives Today’s announcement by the NSW Government of a music festival-based pill testing trial is a small step towards reducing the harms of illicit drug use. President of the Law Society of NSW Brett McGrath said pill testing can help those who choose to … Continued

REVOLUTIONARY TECH SOLUTION TACKLES AUSTRALIA’S COSTLIEST NATURAL HAZARD – FLOODS

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Media release                                                                                                                             19 December 2024 REVOLUTIONARY TECH SOLUTION TACKLES AUSTRALIA’S COSTLIEST NATURAL HAZARD – FLOODS Floods are among the most frequent and costliest natural disasters, costing Australia’s economy millions each year and posing significant challenges for businesses and communities. This year, the Insurance Council of Australia (ICA) reported the impact of extreme weather on … Continued

Victorian Chamber welcomes Cabinet appointments

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The Victorian Chamber of Commerce and Industry welcomes Premier Jacinta Allan’s changes to the Victorian Cabinet. We congratulate Jaclyn Symes on her appointment as Treasurer and look forward to working closely with her to address key economic challenges, deliver sustainable growth and secure Victoria’s future as a competitive place to do business. With additional responsibilities … Continued

BlinkLab Achieves Pivotal Step Towards FDA Approval for Autism Diagnostic App

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Positive Outcome from FDA Pre-Submission Meeting Highlights ●  Positive outcome received from a Pre-Submission meeting with the U.S. Food and Drug Administration (“FDA”) regarding the regulatory pathway for BlinkLab Dx 1 diagnostic app. ●  The FDA has confirmed the design for the BlinkLab Dx 1 registrational program, which will consist of an Initial Study Phase … Continued

Asian Enterprises Snap Up Cloud Services as Economies Rise

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Growing technological maturity boosts use of public cloud infrastructure, transformation consulting and managed services, ISG Provider Lens™ report says SYDNEY–BUSINESS WIRE– Demand for public cloud services is growing in Asia Pacific as more enterprises recognize the importance of investing in advanced technology, including AI, to compete in global markets, according to a new research report … Continued

EMGA secures US$90M from EIB for Brazil’s BTG Pactual

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LONDON, Dec. 18, 2024 (GLOBE NEWSWIRE) — Emerging Markets Global Advisory LLP (EMGA) announces today they have secured US$90M debt finance for their long-standing Brazil-based client, BTG Pactual. The US$90 million senior unsecured loan was provided by EIB and the transaction follows on from a very recent transaction also advised by EMGA for USD$210m. Sajeev … Continued