Novartis to wind up German biotech firm Morphosys, affecting 330 jobs
Full story: https://grafa.com/news/health-novartis-to-wind-up-german-biotech-firm-morphosys--affecting-330-jobs-335756 Swiss pharmaceutical giant Novartis (NYSE:AVS) has announced its decision to shut down German biotech company Morphosys, a move that will impact 330 jobs, according to a report by German news outlet WirtschaftsWoche on Thursday. The closure follows Novartis’ acquisition of Morphosys earlier this year. Novartis reportedly plans to close Morphosys’ sites in Germany and the
Lens blockchain raises $31M for SocialFi mainnet launch in 2025
Full story: https://grafa.com/news/cryptocurrencies-lens-blockchain-raises--31m-for-socialfi-mainnet-launch-in-2025-335499 Lens, a layer-2 blockchain by Avara, has secured $31 million in a funding round led by Lightspeed Faction. The funds will support scaling its network infrastructure ahead of its anticipated mainnet launch on Ethereum in early 2025. Lens is designed to cater to SocialFi applications, incorporating customisable features like accounts, usernames, graphs, feeds, and groups. It als
Minbos Resources secures $4.4M placement to drive key projects
Full story: https://grafa.com/news/mining-minbos-resources-secures--4-4m-placement-to-drive-key-projects-332313 Minbos Resources (ASX:MNB) has secured firm commitments to raise approximately $4.4 million through a placement to sophisticated and professional investors. The placement involves issuing around 62.9 million fully paid ordinary shares at 7 cents per share. The funds raised will support the ongoing development of key projects, including the Cabinda Phosphate Project, the Lobito di
Full story: https://grafa.com/news/agriculture-inghams-names-new-ceo-332225Inghams Group(ASX:ING) announced that Andrew Reeves, current CEO and Managing Director, will retire in mid-2025. Edward Alexander, the current CEO of Inghams' New Zealand business, will succeed him after a thorough global search. Helen Nash, Chair of Inghams, praised Reeves for his leadership since 2021, stating, "Andrew has done an exc
UAE Bank invests in Zodia Custody to embrace crypto trend
Full story: https://grafa.com/news/cryptocurrencies-uae-bank-invests-in-zodia-custody-to-embrace-crypto-trend-332167 Emirates NBD has invested in Zodia Custody, a cryptocurrency custody service under Standard Chartered, to expand its digital asset offerings in the UAE. While the exact amount of the investment remains undisclosed, the collaboration aims to enhance Zodia Custody's operations and help bridge the gap between traditional financial services and the growing digital asset market. Zodia Custody is recognised for its secure, compliant solutions for