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Corporate Expansion

Technology developer Highview Power has launched the world’s first liquid air energy storage plant opens near Manchester in the UK, potentially carving a new alterantive to the multi-billion dollar lithium ion (li-ion) battery sector for global energy storage. The pioneering liquid air energy storage (LAES) plant in Pilsworth will act as...
News that global investment bank Goldman Sachs is to begin using its own money to trade cryptocurrency has emboldened the sector with expectation that it will pave the way for wider adoption in Wall Street. The new trading operation will take a cautious approach to trades and will not initially...
Engine maker Rolls-Royce has signed a £160 million contract with metals and alloys treatment company Bodycote. The contract was awarded by Rolls-Royce's aerospace arm and will cover provision of heat treatment and thermal processor components over a 15 year period. Macclesfield-based Bodycote improves and protects the properties of...
Financial cryptocurrency consortium R3 Blockchain has expanded with the addition of the National Bank Of Egypt in the Middle East. The NBE joins well over two hundred financial service firms, central banks, technology companies trade associations and regulators in the global blockchain initiative. “We can better assess the value this technology...
Bitcoin risks entering a technical "death cross" soon, but the bearish signal will likely not be as severe as has been made out in reports and may signal a rebound.  A death cross occurs when the 50-day moving average (MA) cuts the 200-day MA from above (bearish crossover), indicating a...
The world’s 10th largest banking group Santander has announced plans to launch international payments using blockchain technology from cryptocurrency firm Ripple. The multinational banking group plans to launch a new app this spring and aims to be the first large retail bank “to carry out cross-border payments at scale with blockchain technology”...
A booming hydrogen gas company is set for a £4 million relocation into Rotherham. ITM Power is set to move into a large industrial unit in the borough with room to expand operations to meet a £40m pipeline of likely orders, with a further £200m of potential. Boss Graham Cooley said...
The Saudi Arabian Monetary Authority, controller of the country's central bank, has signed a deal with U.S. cryptocurrency firm Ripple to use its blockchain software to settle payments, marking a strong show of confidence for technology from Gulf regulators.   In what will be a first-of-a-kind pilot program, the central bank will use...
Technology developer Jupiter Diagnostics has received the Best Start-Up Business Award from Camden Council, London. The medical diagnostic start-up launched at the London Bio-Science Innovation Centre in Camden in 2016 and is in the process of launching a world-first portable blood-testing system. The Calisto portable reader is capable of producing multiple...
Film production company EuropaCorp has “started discussions with various financial and/or business partners in order to reinforce its financial capacities.” The firm setup by legendary French director Luc Besson has been weighing its options as it struggles under recent losses, stemming in part from a costly gamble on 2017’s Valerian And...