STOCKHOLM: AstraZeneca Plc has agreed, subject to certain limited exceptions, to divest its 26.7% ownership in Viela Bio Inc. as part of the proposed acquisition of Viela by Horizon Therapeutics plc, a news release said. AstraZeneca is anticipating to receive…
KARACHI: A Gong Ceremony was held at Pakistan Stock Exchange (PSX) to welcome Meezan Bank Limited on-board as a Market Maker for Shariah-compliant debt securities on PSX. An agreement was signed between PSX and Meezan Bank today at PSX Trading…
LAHORE: Bank Alfalah and The Beaconhouse Group – one of Pakistan’s largest private school networks – have signed a memorandum of understanding (MoU) to facilitate personal loan financing solutions for the employees of the Beaconhouse School System. The agreement was…
HAMILTON: Höegh LNG Holdings Ltd. has completed and signed all documentation for its 10-year charter with H-Energy and selected the FSRU Höegh Giant to serve this agreement, a news release said. The binding commitment was announced in a stock exchange…
LONDON: MGC Pharmaceuticals, a European based and Australian listed bio-pharma company, is in the final stages of listing the Company’s shares on the Standard Segment of the Main Market of the London Stock Exchange. As part of the listing process,…
KARACHI: The Board of Directors of Waves Singer Pakistan Limited (WSPL) have approved submission of an Expression of Interest (EOI) for the acquisition of 96.6 percent shares in Heavy Electrical Complex (Private) Limited (HEC) from the Government of Pakistan by…
Headline inflation declined to 5.65% YoY (down 0.21% MoM) in January, compared to 7.97% YoY in December, beating market expectations of around 6.0% YoY. Most of the sequential decline in inflation was on the back of a 2.65% MoM drop…
PARIS: Albioma has announced today that it has won an aggregate capacity of 4.8 MWp in the government’s call for tenders (CRE4) for “solar power plants on buildings with a capacity between 100 kWp and 8 MWp” in September 2020….
OSLO: Moody’s Investor Service has upgraded Sbanken’s rating for long-term deposits to A2 from A3, with the outlook remaining – Positive. The upgrade is driving by the expectation that the bank will issue additional loss-absorbing instruments, mainly in the form…
OSLO: Play Magnus Group expands its industry-leading library of chess content with the acquisition of Dutch chess publisher, Interchess BV, which operates the New In Chess brand. New In Chess has built a world-class library of chess content comprising books,…
OSLO: Komplett Bank ASA CEO Jan Haglund has given notice to the Board of Directors to resign his position. He will take on the position as the CEO of Entercard in Sweden. Mr. Haglund will carry on his duties as…
OSLO: Zalaris ASA has signed a five-year agreement with Metsä Group to deliver Multi-Country Payroll technology and outsourcing services for 10,000+ employees operating in 28 countries. Reference is made to the announcement on 26 January regarding the signing of an…