Mike Henry appointed BHP Chief Executive Officer
LONDON: The Board of BHP Group announced that Mike Henry has been appointed Chief Executive Officer (CEO) of BHP, following a thorough succession process. Henry will assume the role of…
IQE wins Raytheon Premier Supplier Excellence Award
CARDIFF: IQE plc has been awarded a 2019 Raytheon Supplier Excellence Award. IQE is the leading manufacturer of advanced semiconductor wafer products for the global semiconductor industry. As part of…
Arig posts massive jump in profits for nine months ended 30th September 2019
BAHRAIN: Arab Insurance Group (Arig) recorded a consolidated net profit of US$ 3.6 million, attributable to shareholders, for the third quarter of 2019 (Q3 2018: net profit of US$ 0.3…
Tallink Grupp establishes subsidiaries in Lithuania and Latvia
ESTONIA: Tallink Fast Food, a wholly-owned subsidiary of AS Tallink Grupp, has registered this week a wholly-owned subsidiary in Lithuania – UAB Tallink Fast Food Lithuania – which is the…
Gas supply being restored to normal levels in Balochistan: SSGC
QUETTA: Natural gas demand has a wide seasonal impact between the summer and winter months. Demand for gas increases four times more in winters than in summers in areas such…
EQTEC to develop of biomass gasification power plant project in France
CORK, IRELAND: EQTEC plc, the technology solution company for waste gasification to energy projects, announces that, via its wholly owned subsidiary, EQTEC Iberia SLU, it has entered into an agreement…
CLS Holdings acquires ‘One Six Six’ College Road, Harrow
LONDON: CLS Holdings has unconditionally exchanged contracts to acquire One Six Six on College Road in Harrow for £13.8 million excluding costs. Completion is expected in January 2020. One Six…
Nils Andersen replaces Marijn Dekkers as chairman of Unilever
ROTTERDAM: Unilever today announced that Marijn Dekkers has decided to step down as Chairman of the Board with immediate effect. Nils Andersen, Non-Executive Director, has been appointed by the Board…
Hardide-A coating approved for F-35 joint strike fighter
LONDON: Hardide plc, the developer and provider of advanced surface coating technology, is pleased to announce that its Hardide-A coating has been selected for use on components for the new…
Link Group forms strategic partnership with Smart Pension, UK
SYDNEY: Link Administration Holdings Limited has formed a strategic global partnership and minority investment in Smart Pension, a leading workplace pension platform in the UK. The partnership with Smart Pension…
DigitalX launches Bitcoin Fund
PERTH: DigitalX Ltd announced the establishment of its second asset management product –the DigitalX Bitcoin Fund. The Bitcoin Fund is available through a standard unlisted fund structure to allow sophisticated…
Talon seeks exploration licences to build its portfolio in UK North Sea
SYDNEY: Talon Petroleum Limited has submitted multiple applications for new exploration licences in its core focus area of the UK Central North Sea as part of the UK Oil and…
Lifestyle Communities acquires new site on Bellarine Peninsula
MELBOURNE: Lifestyle Communities Limited has executed a Contract of Sale to purchase a site in St Leonards located on Victoria’s Bellarine Peninsula. Settlement is expected to occur at the end…
Amlak Finance posts 11% increase in revenues
DUBAI, UAE: Amlak Finance PJSC, a specialized Islamic real estate financier, announced its financial results for the 9-month period ending September 30, 2019, wherein total revenues for the first 9…
AM Best revises outlooks to negative for Farmers Mutual Fire Insurance Company
OLDWICK: AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of “bbb-” of Farmers…
S&P upgrades Centene Corp by one notch to reflect its improved stand-alone credit quality
CENTENNIAL: S&P Global Ratings raised long-term issuer credit rating on Centene Corp. (the holding company of the group) to ‘BBB-‘ from ‘BB+’. At the same time, S&P raised long-term financial…
Lifenet Insurance launches Jibun 3 and Jibun 3 for Women
TOKYO: Lifenet Insurance Company will launch sales of new whole-life medical products Jibun 3 and Jibun 3 for Women on December 1, 2019. According to a survey conducted by the…
MODEC, Mitsui, MOL and Marubeni to proceed with the deepwater FPSO charter project in Brazil
TOKYO: MODEC, Inc.; Mitsui & Co., Ltd.; Mitsui O.S.K. Lines, Ltd. and Marubeni Corporation have agreed that Mitsui, MOL and Marubeni will invest in a long-term charter business currently promoted…
Jumbo to acquire Gatherwell to enter UK market
LONDON: Jumbo Interactive Limited has entered into a conditional Share Purchase Agreement to acquire lottery manager Gatherwell Limited, a private limited liability company located in Oxford, UK for ₤5.0million cash…
WOA announces launches of Dirty Clean Food
SYDNEY: Wide Open Agriculture (WOA) has announced launching of its campaign to the supermarket and retail sector of its regenerative brand, Dirty Clean Food. The launch event will be held…