RIYADH, May 21 (Reuters) - Saudi Arabia has begun courting Archer Aviation ( ACHR ), following the electric air taxi company's announcement of a partnership with economic and regional rival, the United Arab Emirates. The competition between the countries to become the top hub in the region is leading to big spending, benefiting new companies like Archers. Last month, Archer...

11:25 AM EDT, 05/22/2024 (MT Newswires) -- High Liner Foods ( HLNFF ) , a frozen seafood company, said Wednesday it is investing US$10 million for a 4.5% stake in Norway's Andfjord Salmon Group, which specializes in sustainable and fish-friendly salmon aquaculture. The company's investment, which will be made from cash from operations, forms part of a larger capital raise...

11:30 AM EDT, 05/22/2024 (MT Newswires) -- CGI (GIB-A.TO), an IT and business consulting services company, on Wednesday appointed Francois Boulanger as its chief executive, effective Oct. 1. Boulanger will replace George Schindler, who is retiring, but for a transition period will serve the board as strategic advisor to Serge Godin, the company's founder and executive chairman. Boulanger is currently...

11:24 AM EDT, 05/22/2024 (MT Newswires) -- (Updates with the stock move in the headline and the second paragraph.) LifeStance Health Group ( LFST ) said late Tuesday a secondary underwritten public offering of 20 million of its common shares was priced at $6.25 per share. Shares of the company slumped 19% in recent trading Wednesday. The underwriters have been...