Europe

Staffordshire pockets £4M grant to expand SMBs

The British government awarded £4 million in funding to Staffordshire to help small and medium sized businesses (SMBs) expand and to add more jobs in the region.


Morpol founder picks up 12.9pct stake in Norwegian biomarine firm Hofseth for NOK45M

Jerzy Malek, the founder of salmon processor Morpol, picked up a 12.9% stake in Alesund, Norway-based biomarine firm Hofseth Biocare in a private placement valued at NOK45 million.

German startup Toywheel uses augmented reality to create interactive toys for children

Berlin, Germany-based digital toy maker Toywheel has launched its first app which integrates the physical world with the digital world to create an interactive playground for children.

HP settles with DOJ for $108M over bribery and money laundering charges

Menlo Park, US-based printer giant Hewlett-Packard (HP) settled with the US Department of Justice (DOJ) and the Security and Exchange Commission for $108 million over the bribery and money laundering charges filed against it.


Latest News

Takamatsu-shi, Japan-based cranes and aerial work platforms manufacturer Tadano Ltd completed its acquisition of its Yorkshire, UK-based distributor Cranes UK for an undisclosed amount to continue its market expansion.
Abingdon, UK-based environmental consultancy RPS Group Plc bought Derby-based water industry consultancy Clear Environmental Consultants Ltd in a deal valued at £8.34 million in cash to expand further in the UK.
Vantaa, Finland-based international rental giant Cramo purchased Klaukkala-based earthmoving equipment rental specialist OptiRent for an undisclosed amount to gain traction over its competitors in the earthmoving industry.
London, UK-based healthcare appointment platform Zesty bagged an additional $2 million in its seed funding round from TA Ventures and ABRT Fund to expand its services beyond London.
Digital startups had been suffering the crippling effects of the social media outlets ban in Turkey, reported Venture Beat.
The merger between Holcim and Lafarge was expected to establish the biggest cement company in the world, reported Ventures Africa.
Risanamento has announced on Wednesday that the company would sell eight of its properties in France to Chelsfield and The Olayan Group while company shareholder Luigi Zunino was offered one property, reported Reuters.
Belfast, Ireland-based home-brewing firm Cargo bagged £82,000 in funding from Invest North Ireland (NI) for the development and marketing of its smartphone-controlled beer-making robot Brewbot.
US-based video-sharing giant YouTube representative Gonenc Gurkaynak filed a legal complaint to the Turkish Consitutional Court against the ban that prime minister Recep Tayyip Erdogan issued against the service.
Cupertino, US-based smartphone giant Apple launched its iPhone trade-in program in Germany to allow its customers to purchase a new iPhone at a discounted price when they trade in a qualifying old device.
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