LG Chem to enforce its battery patent rights as demand for EVs increases

LG Chem aims to enforce its battery material patent rights amid intensifying technological competition with the aim of dominating the global advanced battery market as demand for electric vehicles (EVs) continues to rise.  LG Chem today proposed to license out its high-nickel cathode material patent to China-based cathode material suppliers. To that end, LG Chem plans […]

Shell takes FID for Dover in the US Gulf of Mexico

Shell Offshore Inc., a subsidiary of Shell plc (Shell), recently announced the Final Investment Decision (FID) for Dover, a planned subsea tieback to the Shell-operated Appomattox production hub in the US Gulf of Mexico (GoM). Dover is expected to start production in late 2024-early 2025 and produce up to 21,000 barrels of oil equivalent per day […]

Nippon Express enters into partnership with Pharma.Aero

Nippon Express (Belgium) NV/SA (hereinafter “NX Belgium”), a group company of Nippon Express Holdings inc, became the first Japanese freight forwarder to enter this Year Pharma.Aero. Nippon Express Group has positioned the pharmaceutical industry as a key industry in its “Nippon Express Group Business Plan 2023 Dynamic Growth” and pursues the global development of a […]

Oxford Bank Corporation appoints two executives to its Board of Directors

Oxford Bank Corporation, the holding company for Oxford Bank, yesterday announced the appointment of two executive leaders, Michael Goik, President, Oxford Commercial Finance and Matthew Lowman, Oxford Bank Executive Vice President, and Chief Risk Officer, to the Oxford Bank Board of Directors, effective immediately. Chairman, CEO and President David Lamb commented, “Both the Company’s and Bank’s Board of […]

Embolx signs International Distribution Agreement with Cardiva Italia

Embolx, Inc. – a medical device company developing microcatheters for arterial embolization procedures, today announced the signing of a distribution agreement with Cardiva Italia SRL. The partnership is expected to add great value to Embolx’s impressive network of distribution partners across Europe. Cardiva Italia will distribute both the Sniper Balloon Occlusion Microcatheter and the Soldier 2.0 […]

Republic Bank announces complete acquisition of CBank and its subsidiary

Republic Bancorp, Inc., the parent company of Republic Bank & Trust Company, is pleased to announce the Bank has completed its previously announced merger with CBank and CBank’s wholly owned subsidiary, Commercial Industrial Finance, Inc., for approximately $51 million in cash. “We are excited about our further expansion into the Cincinnati area and the long-term […]

Field Medical appoints Mark Wisniewski and Marlou Janssen to its BOD

Field Medical, Inc., a leader in focal pulsed field catheter ablation technology, today announced that Mark Wisniewski, Chief Financial Officer of Enterra Medical Inc. and former Chief Financial Officer of FARAPULSE Inc. was elected to the Board of Directors of Field Medical, alongside medical technology specialist Marlou Janssen, who previously held several senior management positions […]

Cummins Arabia and OWS Automotive sign MOU for defense service applications

Cummins Arabia and OWS Automotive signed a Memorandum of Understanding to collaborate on defense service applications. This collaboration follows the impressive participation of both firms at IDEX 2023 in Abu Dhabi and aims to explore powertrain solutions and technical support for defense end-users, with a focus on identifying viable and mutually beneficial business opportunities within the Middle East. […]

Midjourney chooses Google Cloud as partner to power AI platform

Google Cloud recently announced a new partnership with Midjourney, an independent research lab that provides a platform for AI-powered creative tools for creating visual imagery with natural language interfaces. Midjourney selected Google Cloud as its infrastructure provider of choice to benefit from the company’s deep expertise in training large-scale AI models, scalability, and sustainability. As part […]

Usha Jamadagni appointed as CDO by Marlabs 

Marlabs Innovation LLC., a global digital solutions company, today announced the addition of Usha Jamadagni to the company as Chief Delivery Officer (CDO). Usha will lead Marlabs’ global delivery and operations, driving sustainable growth and profitability, reinforced by a strong focus on people. She brings over a quarter century of experience in various leadership roles in the US […]