Report: Business climate in Tanzania positive, but snags remain

[ad_1] Dar es Salaam. Tanzania’s business climate looks positive, but businesses are concerned about issues such as foreign currency shortages, infrastructure and limited access to credit impeding cross-border trade. The…

Private equity firm snags J&K Ingredients

[ad_1] PATERSON, NJ. — SK Capital Partners, LP, a private investment firm focused on specialty materials, ingredients and live sciences sectors, has agreed to acquire J&K Ingredients, Inc., a food…

Pentagon Plan to Buy Thousands of Drones Faces Looming Snags

[ad_1] Mass production of large and small drones is crucial to the U.S. Defense Department’s plans to check China’s ambitions, but the Pentagon faces a challenge in making the aircraft…

LesserEvil snags investment to aid growth efforts

[ad_1] DANBURY, CONN. — Organic popcorn and snacks maker LesserEvil LLC has secured a significant minority growth investment from Aria Growth Partners that the company said will enable it to…

Sweden’s Saab snags Silicon Valley-based CrowdAI

[ad_1] WASHINGTON — Swedish defense company Saab AB acquired artificial intelligence firm CrowdAI, again expanding its footprint in the fast-growing sector. The deal’s closing was announced Sept. 7. No financial…

Swedish EV maker Polestar’s loss narrows as supply chain snags ease

[ad_1] STOCKHOLM, Aug 31 (Reuters) – Swedish electric vehicle (EV) maker Polestar’s operating loss narrowed in the second quarter as the auto industry slowly recovers from pandemic-related supply chain bottlenecks.…

UBS snags 20 Credit Suisse dealmakers in Europe as integration continues

[ad_1] Around 20 senior Credit Suisse dealmakers in Europe have agreed to switch across to UBS, as the bank continues to integrate its rival following the $3.25bn acquisition pushed through by…

Fisker’s loss narrows as EV deliveries begin despite supplier snags

[ad_1] Fisker began deliveries of its battery-electric Ocean SUV in the second quarter of 2023. Courtesy: Fisker Electric vehicle startup Fisker on Friday reported a second-quarter loss that was narrower…

Australia’s stunning economic recovery trips on Delta, vaccine snags

[ad_1] SYDNEY, July 22 (Reuters) – In Australia’s largest city, construction has come to a standstill for the first time in living memory as a surge in COVID-19 cases puts…

Starco Brands snags Soylent

[ad_1] SANTA MONICA, CALIF. — Starco Brands, Inc. has acquired plant-based food technology company Soylent Nutrition, Inc. for an undisclosed sum. Per the terms of the acquisition, Soylent will now…