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Lyft NASDAQ Motional robotaxi service Los Angeles Lyft app IONIQ

Lyft and Motional announce plans to launch robotaxi service in Los Angeles

US ride-sharing platform Lyft (NASDAQ: LYFT) and driverless technology company Motional have announced plans to launch a robotaxi service in Los Angeles. Both parties confirmed the news that Los Angeles’ residents will soon be able to book robotaxis on the Lyft app, but for no...
IBM NYSE most powerful quantum computer Osprey qubits

IBM unveils its most powerful quantum computer yet: Osprey

As US multinational technology giant International Business Machines Corporation (NYSE: IBM) sets its sights on taking another massive leap, it has unveiled its most powerful quantum processor to-date: Osprey. IBM’s newest Osprey machine boasts 433 quantum bits (qubits) – thre...
Central banks gold record buy World Gold Council 2022

Central banks hit quarterly record for gold buying

Central banks have stepped up their purchases of gold this year, according to the latest figures from the World Gold Council (WGC). The September quarter saw the banks buy a record 399 tonnes of gold worth around US$20 billion, helping to lift global demand for the metal to 1,...
Ritchie Bros Auctioneers NYSE RBA Insurance Auto Auctions IAA

Ritchie Bros makes play worth $7.3b for IAA, share price plummets

Canada’s Ritchie Bros Auctioneers (NYSE: RBA) has agreed to buy US-based vehicle marketplace Insurance Auto Auctions (IAA), in a deal worth around US$7.3 billion. The multi-billion dollar deal will expand Ritchie Bros’ presence in the growing market of heavy machinery and equi...
Walgreens NASDAQ WBA VillageMD Summit Health Health-CityMD

Walgreens-backed VillageMD to buy Summit Health

Walgreens (NASDAQ: WBA) majority-owned VillageMD has announced it is acquiring Summit Health-CityMD to create one of the largest independent provider groups in the US. The deal announced on Monday is worth US$8.9 billion, and will expand the nation’s second-largest pharmacy st...
Equinor NYSE EQNR BeGreen solar PV acquisition Denmark

Equinor continues energy transition plan with acquisition of Danish solar developer BeGreen

Norwegian energy company Equinor (NYSE: EQNR) has agreed to buy Denmark-based leading solar developer BeGreen for an undisclosed amount. Equinor continues to develop its own solar projects in Poland, Brazil and Argentina, but with the acquisition of Bregentved’s BeGreen, will ...
Pacific BioSciences of California PacBio NASDAQ PACB DNA sequencing Onso

Pacific Biosciences announces launch of two new gene-sequencing systems

US biotech company Pacific BioSciences of California (PacBio) (NASDAQ: PACB) has joined a number of next-generation sequencing (NGS) launches this year, having announced its own upcoming release of two new sequencing systems. The California-based company announced the news at ...
Laramide Resources uranium nuclear energy OTCQX LMRXF

Laramide Resources poised to crest the nuclear energy wave

A “company maker” project in Queensland, strategically located exploration assets in the US, and an America determined to become more self-sufficient in uranium — that, in a nutshell, is the story behind Laramide Resources (OTCQX: LMRXF) and its plan to be a key player in an incr...
BP Archaea Energy LSE NYSE LFG natural gas acquisition RNG biogas

BP to buy US renewable natural gas company Archaea Energy in US$4.1b deal

Multinational oil and gas giant BP (LSE: BP) has announced plans to acquire renewable natural gas (RNG) company Archaea Energy (NYSE: LFG), in a deal estimated to be worth US$4.1 billion. RNG, otherwise referred to as biogas, is generated from organic waste in landfills of far...
Quantum Computing QCI NASDAQ QUBT quantum optical chip facility government funding US federal CHIPS Science Act

QCI to build new quantum optical chip facility with aid of government funding

Quantum Computing (QCI) (NASDAQ: QUBT) plans to construct and operate a new state-of-the-art quantum optical chip facility in an effort to expand upon its current development capabilities. The company hopes to benefit from the newly passed US federal CHIPS and Science Act of 2...