AM Best revises outlooks to negative for Arabia Insurance Company
LONDON: 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 ARABIA…
EU asks for a panel with Ukraine on wood export ban
BRUSSELS: The EU requested the establishment of an arbitration panel under the EU-Ukraine Association Agreement on Ukraine’s export ban on unprocessed wood. The EU-Ukraine Association Agreement prohibits any form of…
Thomas Cook India inspires travellers to join the yoga revolution
MUMBAI: Thomas Cook (India) Ltd., India’s leading integrated travel and related financial services company, is championing the spirit of Yoga with the introduction of “Travolution”, on the occasion of International…
Cromwell European REIT announces accretive acquisitions of 6 properties in France and Poland
SINGAPORE: Cromwell EREIT Management Pte. Ltd., the manager of Cromwell European Real Estate Investment Trust (CEREIT), has entered into agreements to acquire three freehold properties in France and three freehold…
SGX welcomes Astrea V private equity bond retail offering
SINGAPORE: Singapore Exchange (SGX) Friday welcomed the listing of Astrea V Private Equity (PE) Class A-1 bonds issued by Astrea V Pte Ltd, a wholly owned subsidiary of Azalea Asset…
MediaMonks deal with BizTech to expand capabilities and geographic coverage
SINGAPORE: S4Capital plc (SFOR.L), the new age, new era digital advertising and marketing services company, announced that its global content arm MediaMonks today conditionally agreed a merger with BizTech, a…
NewRiver REIT completes formation of joint venture with Bravo
LONDON: NewRiver announced that it has signed the shareholder agreement to complete the formation of a new joint venture (JV) with BRAVO Strategies III LLC. This follows the announcement on…
Etalon Group delivers Schastye v Tsaritsyno project
MOSCOW: Etalon Group Plc, one of Russia’s largest and longest-established development and construction companies, announces that it has completed the Schastye v Tsaritsyno project in the south of Moscow. The…
Hansard International gains regulatory approval to operate in Japanese market
LONDON: Hansard Global plc, the FTSE-listed savings provider, has announced that Hansard International Limited has been granted an Investment Manager licence in Japan, marking the first step to enable the…
MC Mining signs cooperation agreement with Haohua Energy Hong Kong
PERTH, AUSTRALIA: MC Mining Limited announced the signing of a co-operation agreement with Haohua Energy International (Hong Kong), a wholly owned subsidiary of Shanghai-listed Beijing Haohua Energy Resource Co. Limited,…
Halma Plc agrees to acquire Australian Ampac Group for A$135 million
AMERSHAM, UK: Halma, the leading safety, health and environmental technology group, has agreed to acquire the Ampac Group, a leading fire and evacuation systems supplier in the Australian and New…
Westminster Group forms new joint venture in the Kingdom of Saudi Arabia
LONDON: Westminster Group Plc, a leading supplier of managed services and technology-based security solutions worldwide, has entered into a joint venture agreement with a significant partner in the Kingdom of…
Ocean Outdoor rolls out Birmingham’s biggest ever digital out-of-home roadside network
LONDON: Premium out-of-home media owner Ocean Outdoor is rolling out a state-of-the-art digital network across main city arterial and commuter routes throughout Birmingham in partnership with Birmingham City Council. In…
MODEC awarded letter of intent by Petrobras related to Búzios 5 FPSO
TOKYO: MODEC, Inc. announced that it has received a Letter of Intent (LOI) for supply, charter, and operations of a Floating Production Storage and Offloading (FPSO) vessel for Petróleo Brasileiro…
YuuZoo’s streaming video subsidiary YuuFlix receives USD 3 million investment
BANGKOK: Singapore-listed investment holding company YuuZoo Corporation Limited announced that whilst the shares of the Company have been suspended, it has received a USD 3 million investment from a foreign…
Al Safwa Mubasher introduces online trading platform with global competitive potentials
DUBAI: Al Safwa Mubasher has announced the launch of the latest version of “Mubasher Trade Pro” platform, the most comprehensive version to the investors’ needs in different markets. The platform…
Avacta and Selexis partner to develop cell line for clinical manufacturing
GENEVA: Avacta Group plc, the developer of Affimer® biotherapeutics and research reagents, and Selexis, a pioneering life sciences company and global leader in mammalian cell line generation technology, have partnered…
Vivo Energy to form JV to accelerate the roll-out of KFC restaurants in Africa
LONDON: Vivo Energy plc, the pan-African retailer and distributor of Shell and Engen-branded fuels and lubricants, has agreed to form a non-fuel joint venture (JV) to accelerate the roll-out of…
Resolute lists on London Stock Exchange
LONDON: Resolute Mining Limited announced, following publication of its prospectus on 17 June 2019, that the Company’s shares will be admitted to trading on the London Stock Exchange’s (LSE) Main…
Ceres Power Technology in Miura Co fuel cell product launch in Japan
TOKYO: Ceres Power, the developer of SteelCell®, a world-leading, low cost Solid Oxide Fuel Cell (SOFC) technology, and Miura Co., Ltd, Japan’s leading industrial boiler manufacturer, announced a first fuel…