XLMedia says non-executive chair to leave
XLMedia PLC (AIM:XLM, OTC:XLMDF) said Christopher Bell will step down from his role as non-executive chairman. Bell spent nearly eight years at the digital performance publishing company, supporting it through its IPO in 2014 and helping deliver successful strategic acquisitions, the statement said.
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EV Battery Research Startup SES Enters JV With Honda Ahead Of Going Public In SPAC Merger: What You Need To Know
Japan's Honda Motor Co (NYSE: HMC) said on Tuesday it has signed a joint venture agreement with the U.S. based battery research startup SES Holdings to launch higher density and low-cost lithium-metal batteries for electric vehicles. What Happened: Honda said the joint venture will focus on making safe, durable and higher capacity batteries with lithium-metal anode that are expected to deliver higher energy density than the lithium-ion batteries, which usually use carbon-based materials for the anode.
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Eco Atlantic increases stake in Exxon partner offshore Guyana
Eco (Atlantic) Oil & Gas Ltd (AIM:ECO, TSX-V:EOG) has increased its interest in JHI Associates Inc, a junior explorer offshore Guyana which is partnered with Exxon in the Canje Block. AIM-quoted Eco has bought 800,000 shares, worth around £312,000, in JHI by exchanging 1.2mln new Eco shares.
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Intel orders ASML machine still on drawing board as chipmakers look for an edge
Intel has placed the first order with ASML for an advanced chipmaking machine that is still on the drawing board and won't be delivered for years, as semiconductor manufacturers look to get ahead in a booming industry.
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GM Secures $1.3B Tax Break For Orion EV Assembly Plant Expansion
General Motors Co (NYSE: GM) has secured a tax break on its proposed $1.3 billion investment to expand the Orion assembly plant for building electric vehicles, the Detroit Free Press reported on Tuesday, citing an Orion township trustee. What Happened: GM had earlier this month filed an application with the Orion Township, seeking tax abatement.
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Analysis-Sony faces deep-pocketed rivals in war over future of gaming
Sony Group, perched atop the gaming sector, is facing a fresh challenge from cash-rich rivals betting on a next-generation online video game boom as the Japanese conglomerate eyes expansion on multiple fronts, including electric cars.
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AstraZeneca PLC cancer drug offers hope to sufferers of a rare but aggressive form of the disease
AstraZeneca PLC (LSE:AZN) its drug Imfinzi plus chemotherapy reduced the risk of death by 20% in people with advanced biliary tract cancer (BTC). The results emerged from the Anglo-Swedish giant's TOPAZ-1 phase III clinical trial with the data expected to be showcased on January 21 at a conference hosted by the American Society of Clinical Oncology.
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