ALNABRU: Norwegian authorities have decided to temporarily close down retail trade stores in 25 municipalities in and around Oslo. “In this area we have three store locations. As we also are targeting the professional market, these three stores will be…
LONDON: PJSC Polyus announced that MSCI has confirmed the Company’s rating as an A for the second year in a row. In the report, MSCI highlights Polyus’ leading position among global precious metals players in terms of health & safety,…
LONDON: boohoo, a leading online fashion retailer, has acquired all of the intellectual property assets of Debenhams Retail Limited from its joint administrators, for £55 million in cash. Debenhams is a long-standing and leading UK fashion and beauty retailer with…
LONDON: Supermarket Income REIT plc announced the exchange of contracts for the acquisition of a Sainsbury’s supermarket in Melksham, Wiltshire, and a Waitrose supermarket in Winchester, Hampshire, from LaSalle Investment Management for £64.8 million, representing a combined net initial yield…
LONDON: Titanium, the joint venture between AXA IM Alts and Sirius Real Estate have notarised the acquisition of the Sigma Technopark in Augsburg, Germany for total acquisition costs of approximately €80 million from a German special fund managed by Corestate…
MOSCOW: Rostelecom Group has announced the launch of a new Tier III data center in Novosibirsk, with 3 MW of power capacity, serving 300 client racks spread across three machine rooms. The new data-center meets the Tier III standards for…
LONDON: Minds + Machines Group Limited (MMX) announced that Tony Farrow, who re-joined MMX at the end of October as Interim CEO has been appointed CEO of the Company. Mr. Farrow will also join the Board of Directors following completion…
LONDON: Asiamet Resources Limited has announced the termination of the binding sale and purchase agreement (SPA) entered into with PT WIN for the acquisition of Indokal Limited the owner of the Kalimantan Surya Kencana Contract of Work, located in Central…
SYDNEY: Cann Global Limited announced that the Thailand Government will begin processing applications for licences to produce, import, export, distribute, and possess hemp on January 29, 2021. This is a significant step in the development of a regulatory regime for…
SYDNEY: K2fly Limited announced that Alcoa USA Corp has signed a 5-year SaaS contract, for its RCubed Resource Inventory solution, to roll out to 6 sites globally. Alcoa is one of the world’s largest bauxite miners with high quality reserves,…
DUBAI: SHUAA Capital psc announced the first dividend for investors in two of its Sharia-compliant funds, offering a 1% cash dividend for the fourth quarter of 2020. The dividend is first dividend from the funds and within three months of…
NEW YORK: Year 2020 was arguably the most eventful year on record for telehealth as the COVID-19 pandemic accelerated the use of video-enabled visits by individuals and providers. As noted in the AM Best’s Special Report, “Telehealth Claim Surge from…