Investment & Financing
MinIO Object Storage Solution Selected for Intel Tiber AI Cloud to Advance and Bolster AI Infrastructure
REDWOOD CITY, Calif., Oct. 16, 2024 /PRNewswire/ -- MinIO, the world's leading high-performance object store, announced today a joint collaboration with Intel to bring its Enterprise Object Store to theIntel® Tiber™ AI Cloud to serve as the core object store within Intel's end-to-end AI developme...
Uxin Announces Strategic Partnership with Wuhan City Economic & Technological Development Zone
BEIJING, Oct. 16, 2024 /PRNewswire/ -- Uxin Limited ("Uxin" or the "Company", together with its subsidiaries, the "Group") (Nasdaq: UXIN),China's leading used car retailer, today announced a strategic partnership with Wuhan City Economic & Technological Development Zone. The Company will establis...
The Consolidated Mining Standard Initiative launches first public consultation
LONDON, Oct. 16, 2024 /PRNewswire/ -- The Copper Mark, Mining Association of Canada, ICMM and World Gold Council – Partners of the Consolidated Mining Standard Initiative (CMSI) – have published a draft consolidated standard, governance model, assurance process and related reporting and claims po...
Yum China Applauds Lavazza Ambassador Jannik Sinner's Win at the Rolex Shanghai Masters
SHANGHAI, Oct. 16, 2024 /PRNewswire/ -- Yum China Holdings, Inc. (NYSE: YUMC and HKEX: 9987, the "Company" or "Yum China") is thrilled to celebrate the victory ofJannik Sinner, global ambassador for Lavazza, at the Rolex Shanghai Masters. Lavazza, a renowned family-owned Italian coffee company, ...
Zhihu Inc. Announces Results of the Extraordinary General Meeting and Satisfaction of the Condition of the Tender Offers
BEIJING, Oct. 16, 2024 /PRNewswire/ -- Zhihu Inc. (NYSE: ZH; HKEX: 2390) ("Zhihu" or the "Company"), a leading online content community inChina, today announced that the proposed ordinary resolution relating to the all cash tender offers (the "Offers") that commenced onSeptember 9, 2024 to buy ba...
TenNor Announces More than 300 Million RMB Financing to Support Development and Commercialization of Late-Stage Assets Including Rifasutenizol for Heliobacter pylori Infections
SUZHOU, China, Oct. 16, 2024 /PRNewswire/ -- TenNor Therapeutics, a clinical stage company dedicated to developing new therapies to address unmet needs in infectious diseases, announced today the initial closing of a Series E financing round for more than300 million RMB. New investor AMR Action F...
Exyte completes acquisition of Kinetics
* Closing of transaction following the approval by all required regulatory bodies * Acquisition of industry leader in installation services, equipment, and technical facility management * The company serves high-tech industries such as semiconductor, biopharma, and batteries * Further st...
AtomVie Global Radiopharma and Radiopharm Theranostics Partner to Develop and Manufacture 177Lu-BetaBart Radioantibody for Treatment of Multiple Solid Tumors
HAMILTON, ON, Oct. 16, 2024 /PRNewswire/ -- AtomVie Global Radiopharma (AtomVie), a leading radiopharmaceutical Contract Development and Manufacturing Organization (CDMO), has entered into an agreement with Radiopharm Ventures (RV), a Joint Venture between Radiopharm Theranostics (RAD) and MD And...
MDisrupt Secures American Heart Association Ventures Investment, Enters Strategic Collaboration for Association Members
* American Heart Association Ventures invests in MDisrupt * Lisa Suennen, Managing Partner of American Heart Association Ventures and longtime healthcare veteran, joins the MDisrupt board * MDisrupt's marketplace will be made available to thousands of the American Heart Association's profe...
Rolls-Royce Power Systems Chooses IFS Cloud's Industrial AI to Drive Service Delivery and Sustainability
Partnership with IFS to boost efficiency, increase operational agility and support planning and optimization, across 10,000 employees and thousands of mtu engines ORLANDO, Fla., Oct. 15, 2024 /PRNewswire/ -- IFS UNLEASHED IFS, the leading enterprise cloud and industrial AI software provider, tod...
Cooper Investors Issues Open Letter to Board of Directors of Frontier Communications Opposing Acquisition by Verizon
Expresses Concern that $38.50 Offer Price Significantly Undervalues Frontier and Fails to Reflect Value of Anticipated Synergies Believes Frontier's Standalone Value is up to 62% Higher than Offer Price and Fair Transaction Value Would be up to 94% Higher than Offer Price Confident Frontier Rema...
OCI Global Completes Sale of Majority Stake in Fertiglobe to ADNOC
* OCI Global announces successful completion of the sale of its 50% equity interest in Fertiglobe to Abu Dhabi National Oil Company * The transaction was valued at USD 3.62 billion on a cash-free debt-free basis (the "Purchase Price") and allows OCI to fully exit and monetize its entire equit...
Syntax Systems Acquires Argon Supply Chain Solutions
Adding best-in-class SAP® Digital Supply Chain Capabilities to its Suite of Industry-Focused Enterprise Cloud Solutions MONTRÉAL, Oct. 15, 2024 /PRNewswire/ -- Syntax Systems, a leading global technology solutions and services provider for cloud application implementation and management, announc...
Prenetics Announces Tencent's US$30 Million Investment in Insighta, Strengthening Strategic Partnership for AI-Driven Early Cancer Detection
HONG KONG, Oct. 15, 2024 /PRNewswire/ -- Prenetics Global Limited (NASDAQ: PRE), a leading health sciences company, today announced thatTencent has made a strategicUS$30 million investment in Insighta, a Hong Kong-based early cancer detection company. This investment values Insighta atUS$200 mill...
ELITE SWIMMERS AND BUSINESS LEADERS MAKING WAVES TO ADDRESS CITY'S CHRONIC SWIM ILLITERACY
HONG KONG, Oct. 15, 2024 /PRNewswire/ -- On Friday, November 8th, five relay teams representing a cross-section ofHong Kong's diverse community will undertake a unique challenge - to swim the 45 kilometres aroundHong Kong Island . The teams includeOlympians Geoff Cheah and Hannah Wilson, fourth-ge...
Sudarshan Chemical Enters into Definitive Agreement to Acquire Heubach Group
* Expand Sudarshan's global presence with multiple synergies. * Create a pigment portfolio with operations across 19 sites globally. * Sudarshan's Managing Director, Mr. Rajesh Rathi, will lead the combined entity. * Customers to benefit from Sudarshan's best-in-class product portfolio. MU...
Nearmap Completes Asset Purchase Agreement for Tensorflight
Location intelligence leader Nearmap acquires technology and assets from Tensorflight SALT LAKE CITY, Oct. 14, 2024 /PRNewswire/ -- Nearmap, a global leader in location intelligence solutions, has completed an asset purchase agreement with Tensorflight, an AI-powered platform that uses artificial...
State Grid Kuitun Power Supply Company: Power escorts the "silver flower" harvesting season
Kuitun, China, Oct. 14, 2024 /PRNewswire/ -- On October 13, in the 400-mu cotton field of Sun Qiang, a cotton farmer in Laoshawan Town, Shawan City, cotton plants were covered with bolls. Large cotton pickers were running at full capacity to pick the new cotton. The cotton farmers' faces were fil...
Korea Zinc Announces Amendments to Share Buyback Plan
SEOUL, South Korea, Oct. 11, 2024 /PRNewswire/ -- Korea Zinc
GMO Payment Gateway, Inc. Invests USD 3 Million in Helicap's Flagship Credit Fund to Drive Growth of FinTech in Southeast Asia
SINGAPORE, Oct. 11, 2024 /PRNewswire/ -- Helicap Group is proud to announce that GMO Payment Gateway, Inc. (TSE Prime Market Securities Code: 3769, President & CEO:Issei Ainoura), a leading provider of payment and financial-related services under the GMO Internet Group, has made aUSD 3 million i...
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