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Swedish clothing brand H&M to introduce new clothing rental service
Hennes & Mauritz AB (H&M) has recently revealed that the company is testing its new clothing rental service at the Stockholm store. Under the new service, customers could rent clothes from a variety of 50 collections for just $37. Incidentally, this set-up seems a bit similar to the business... Read More
Lehigh and Canadian NPO launch feasibility study of CCS on cement
Lehigh, a North America based world leading producer of bulk and bagged cement and CSS Knowledge Centre, a Canada based non-profit organization, reportedly announced to jointly examine a feasibility study of a business-scale carbon capture and storage project to reduce greenhouse gas emissions. T... Read More
Cooper Tire and Sailun joint venture facility produces its first tire
Cooper Tire & Rubber Company, a renowned American manufacturing company specializing in automobile and truck tires, and Sailun Vietnam, a renowned manufacturing company that manages sales and replacement of tires, reportedly announced that their joint venture facility, ACTR has produced its firs... Read More
Halo acquires Bophelo Bioscience through the trade of 40,786,66 shares
Halo Labs, a renowned cannabis extraction firm that develops and produces cannabis concentrates and oils, reportedly announce the acquisition of Bophelo Bioscience & Wellness, the largest license land area holder, medical cannabis producer and marketer based in the Kingdom of Lesotho. The com... Read More
Coralogix raises $10 million from Aleph-led Series A investment round
Coralogix, a renowned provider of the ML-powered log analytics solutions, reportedly announced the closure of Series A funding round. The company raised $10 million in this investment round, which was led by the company’s new investor Aleph. Additionally, JANVEST Capital Partners, 2B Angels... Read More
Generex signs SPA for 51 percent controlling interest in ALTuCELL
Canadian biotech firm Generex Biotechnology Corporation has recently revealed that it has signed a SPA or Stock Purchase Agreement with fellow biotech company, ALTuCELL. This agreement carried out in a stock and cash transaction will help Generx acquire 51% controlling interest in ALTuCELL. Furtherm... Read More
AHAR to boycott Zomato Gold delivery services with immediate effect
The Indian Hotel and Restaurant Association in a unison agreed to shun the delivery services by Zomato under its Zomato Gold scheme. The AHAR body mentions that the program yields high benefits to the food aggregator and not the hotels. An 8000 members body, AHAR, has reportedly ... Read More
NBC and Nexstar Media have agreed to renew affiliation agreements
The deal will incorporate over 21 stations across the U.S. Nexstar is working to set the deal on new distribution renewals addressing more than 70% of the company’s subscriber base. Nexstar Media Group proclaimed on Thursday that they have accorded a 4-year deal with ... Read More
Liberty to acquire American Water Works’ New York regulated operations
American Water, a New Jersey based public utility firm active the U.S. and Canada, reportedly announced to sell off its regulated operations in New York to Liberty Utilities Co., a Canadian owner and operator of regulated water, power utilities and wastewater across 14 states of the United States. L... Read More
TISSIUM secures close to EUR 39 million in Series B funding round
The latest funding will be used to accelerate the global expansion of TISSIUM’s platform of polymers. TISSIUM has reportedly announced that it has secured €38.75 million ($42.78 million) in a Series B funding round. New investors including the European Investment Fund (EIF), BNP Pariba... Read More