Technology operations (TechOps) refers to the set of processes and activities involved in managing and maintaining an organization’s IT infrastructure and services. There are several terminologies used with reference to managing information technology operations, including ITOps, SRE, AIOps, DevOps, and SysOps. For the context of this post, we refer toContinue Reading
Champion Iron (OTCQX:CIAFF) said on Saturday it was temporarily shutting down operational activities at its Bloom Lake mine in response to forest fires north of its operations. “With the forest fires now only a few kilometres from Bloom Lake and to prioritize the safety of its employees, the Company initiated itsContinue Reading
BHP Group (NYSE:BHP) will temporarily suspend its Western Australian nickel operations amid a global oversupply of the battery metal, which has resulted in a decline in prices, it said on Thursday. “Like others in the Australian nickel sector, we have not been able to overcome the substantial economic challenges drivenContinue Reading
Andy Feng/iStock Editorial via Getty Images Banking giant Citigroup (NYSE:C) said on Monday it will cease operations in Haiti, but the international banking and correspondent banking services will continue for existing clients. The group is set to surrender its banking license, with the approval of the country’s central bank. TheContinue Reading
Shares of Hyzon Motors (NASDAQ:HYZN) were given a jump-start on Monday on light volume, following the company’s decision to halt operations in the Netherlands and Australia after a comprehensive review of its businesses. Last month, Hyzon Motors (HYZN), which develops fuel cell technology for heavy industry, said that because ofContinue Reading
JHVEPhoto/iStock Editorial via Getty Images Baker Hughes (NASDAQ:BKR) said Sunday it entered into a new 10-year services frame agreement with Woodside Energy (WDS) to support the latter’s liquefied natural gas operations in Australia; financial details were not disclosed. Baker Hughes (BKR) said it will provide spare parts and field serviceContinue Reading
peepo Air mobility technology platform company EHang (NASDAQ:EH) partners with China Southern Airlines General Aviation Company (CSGAC), a general aviation service provider and strategic emerging business unit of China Southern Airlines Company. The partnership will center on the flight operations of EHang’s (EH) pilotless electric vertical take-off and landing ((eVTOL))Continue Reading
Genezen said it will acquire uniQure’s (NASDAQ:QURE) commercial gene therapy operations in Lexington. Under the agreement, Genezen will enter into strategic supply agreements for uniQure’s clinical portfolio and CSL’s commercial HEMGENIX product. The deal will be partly funded by additional growth equity from Ampersand Capital Partners.Continue Reading
Commercial stage specialty pharmaceutical company Fennec Pharmaceuticals (NASDAQ:FENC) (TSX:FRX:CA) said that Adrian Haigh has departed from his position as Fennec’s COO as of June 30, 2024. After nine years as an independent director, in August 2023, Adrian joined the Fennec leadership team as COO. “The company is actively searching for a U.S.-based leader,”Continue Reading
NiseriN/iStock via Getty Images Repsol (OTCQX:REPYY) (OTCQX:REPYF) is in talks to merge its U.K. North Sea oil and gas business with private equity-backed NEO Energy, with a deal potentially to be announced within weeks, Reuters reported Friday. A merger would create a company with production of more than 110K boe/day,Continue Reading
