SYDNEY: Ecofibre Limited has completed the acquisition of TexInnovate, a portfolio of five businesses with deep technical expertise across a broad range of high-performance textile disciplines for a total consideration of $21 million comprising 50% in cash and 50% in…
PERTH: McGrath Limited has appointed Edward Law to the role of Chief Executive Officer of the company as the current Chief Executive Officer, Geoff Lucas, has chosen to resign from the company, following the presentation of the FY2020 financial results….
BURBANK: Warner Bros. Games and DC today announced Gotham Knights, a brand-new open-world, third-person action RPG videogame in development from Warner Bros. Games Montréal. Gotham Knights features the Batman Family as players step into the roles of Batgirl, Nightwing, Red…
LAHORE: Carrefour, operated by Majid Al Futtaim in Pakistan, has opened a new store at Lahore’s Amanah Mall, in a move to expand the retail leader’s footprint in the country, while simultaneously supporting the city’s economic revival. The new 2,200…
VANCOUVER: LeanLife Health Inc., a company focused on foods in the health and wellness space, has secured exclusive US and Canadian distribution rights to IRON ENERGY, a popular line of energy drinks endorsed by boxing legend Mike Tyson. FoodCare Group,…
OSLO: Induct A.S, the leading innovation and project management platform, and ICREA, a leading advisory firm from Dubai, have entered into a partnership to expand Induct’s market penetration and global presence in USA, Europe, Africa, Indian Subcontinent, GCC, and CIS…
KARACHI: The Board of Directors of Shell Pakistan Limited (‘SPL’) announced the second quarter results for the company on 21stAugust. The company posted an after tax loss of PKR 3,540 million compared to the loss of PKR 1,704 million made…
MOSCOW: PhosAgro, one of the world’s leading vertically-integrated phosphate-based fertilizer producers, announced that its MSCI ESG rating has been raised from BB to BBB as part of a regular review. MSCI ESG Research assigns MSCI ESG ratings to global public…
NEW YORK: Renalytix AI plc announced a collaboration with AstraZeneca to develop and launch precision medicine strategies for cardiovascular, renal and metabolic diseases. The first stage in the collaboration will use KidneyIntelX, an artificial intelligence-enabled in vitro diagnostic platform, to…
LONDON: Insurance sector rating agency, AM Best has affirmed the credit ratings of Eurasia Insurance Company based on company’s strong operating performance, neutral business profile and appropriate enterprise risk management. AM Best has affirmed the Financial Strength Rating of B++…
OLDWICK: Global rating agency, AM Best has downgraded the credit rating of Armed Forces Insurance Exchange (AFIE) due to significant volatility in operating results and declining surplus, a news release said. However, the outlook for the rating has been revised…
SINGAPORE: Singapore Exchange (SGX), Asia’s leading international multi-asset exchange and FTSE Russell, a global index, data and analytics provider, have signed an agreement to strategically broaden and deepen their long-term partnership to deliver new Asian multi-asset solutions. Building on their…