Category: Operations

  • GrowUp Secures £38M Investment from Generate Capital to Expand Vertical Farming Operations

    GrowUp, the UK’s best-selling vertical farm, has announced a major £38m investment from Generate Capital, a leading sustainable infrastructure and operations investment firm. The investment is aimed at meeting the growing demand for GrowUp’s ready-to-eat salads, which are known for being locally grown and pesticide-free. Generate Capital’s investment will primarily…

  • Shikun & Binui selling Nigeria operations for $100m

    The Israeli infrastructure and construction company suffered huge losses in Nigeria due to the sharp devaluation of the Nigerian naira last year. Israeli construction company Shikon and Benoy SKPN (TASE: SKBN) has pulled out of Nigeria after suffering heavy losses due to the sharp depreciation of the naira against the…

  • BHP to suspend Western Australia nickel operations By Reuters

    MELBOURNE (Reuters) – Australian miner BHP Group said on Thursday it would temporarily suspend operations at its Nickel West and West Musgrave projects from October as it grapples with a sharp drop in metals prices and oversupply in the global market. The world’s largest listed miner is set to review…

  • Central Bank Official Criticizes Binance Operations In Nigeria

    A Nigerian central bank official has said that Binance is operating illegally in multiple ways in the West African country. The development comes amid the ongoing legal proceedings against the prominent cryptocurrency exchange in Nigeria. Central Bank of Nigeria Official: Binance Violated Nigerian Currency Trading Policy In April 2024, the…

  • Joby Aviation says FAA gives nod for in-house software for air-taxi operations By Reuters

    By Abhijith Ganapavaram (Reuters) – Gobi Aviation (NYSE:) said on Thursday that the U.S. aviation regulator has allowed the use of the air taxi maker’s in-house software to perform tasks such as managing pilot workload and matching passengers to aircraft similar to ride-hailing applications. The approval of the operating system,…

  • Bitcoin Miners May See Profit Relieve As North American Heatwave Threatens Operations

    Thanks to summer heat waves in North America, Bitcoin miners may begin to register a significant increase in Their revenues. This severe weather event is also expected to have a significant impact Bitcoin hash rate. Bitcoin miners will see increased profits thanks to reduced competition Bitcoin miners It is expected…

  • Bitcoin Miners May See Profit Relieve As North American Heatwave Threatens Operations

    Thanks to summer heat waves in North America, Bitcoin miners may begin to register a significant increase in Their revenues. This severe weather event is also expected to have a significant impact Bitcoin hash rate. Bitcoin miners will see increased profits thanks to reduced competition Bitcoin miners It is expected…

  • Cineworld plots sale of some UK cinema operations, Sky News reports By Reuters

    (Reuters) – Cineworld is in talks about a potential sale as part of a strategic review that could lead to a comprehensive restructuring of its business, Sky News reported on Saturday, citing unidentified sources. The operator and owner of brands such as Regal, Cinema City, Picturehouse and Planet has appointed…

  • Greylock and Sequoia to strengthen Israel operations

    Two major US venture capital firms are strengthening their operations in Israel, filling the void left by others such as Tiger Global and SoftBank that have significantly reduced their investments in Israeli startups. The first venture capital firm to return to Israel is Greylock, one of the largest firms in…

  • Adyen Expands Canadian Operations with Toronto Office, Appoints New Head of Sales

    Payments in Africa: A Cross-Border and Device Revolution | Fmas:24 Payments in Africa: A Cross-Border and Device Revolution | Fmas:24 Payments in Africa: A Cross-Border and Device Revolution | Fmas:24 Payments in Africa: A Cross-Border and Device Revolution | Fmas:24 Payments in Africa: A Cross-Border and Device Revolution | Fmas:24…

  • Maxim Power Corp. Announces Board of Directors Election Results and M2 CCGT Operations Update

    Article content CALGARY, ALBERTA, June 05, 2024 (GLOBE NEWSWIRE) — Maxim Power Corp. (“Wisdom – a saying“or the”institution(TSX:MXG) today announced the final director election results from its 2024 Annual General Meeting of Shareholders held on 5 June 2024 (the “Meeting”). A ballot was taken at the Meeting in relation to…

  • Regenx Appoints Industry Veteran Bob Fair as Vice President of Operations

    Article content EDMONTON, Alberta, June 04, 2024 (GLOBE NEWSWIRE) — Regenx Tech Corp., (“the Company” or “Regenx”) (CSE: RGX) (OTCQB: RGXTF) (FSE: YRS WKN:A2DSW3) is pleased to announce that… Which you add to the executive management team. Bob Fair joins the company as Vice President of Operations for Regenx USA,…

  • Wallet drainer service Pink Drainer to wind down operations

    The developers of Pink Drainer, the notorious wallet draining service involved in the theft of over $75 million in assets, have decided to wind down their operations. “We have reached our goal, and now, according to plan, it is time for us to retire,” the developers said in a message…

  • Wallet drainer service Pink Drainer to wind down operations

    The developers of Pink Drainer, the notorious wallet draining service involved in the theft of over $75 million in assets, have decided to wind down their operations. “We have reached our goal, and now, according to plan, it is time for us to retire,” the developers said in a message…