LONDON: Aviva plc confirmed the completion of the sale of Friends Provident International Limited (FPIL) to RL360 Holding Company Limited, a subsidiary of International Financial Group Limited (IFGL). Aviva is a leading international savings, retirement and insurance business. Under the…
LONDON: The British Honey Company (BHC), the producer of premium British honey-infused spirits and alcohol sanitiser products, announced the signing of a Joint Venture Agreement with Cottisford Limited, the Company’s largest shareholder controlling 29 percent of the Company’s issued share…
LONDON: KEFI Minerals has welcomed the approval by the Saudi Arabian Cabinet in June 2020 of a new Mining Investment Law, which is aimed at boosting the country’s mining industry and is part of Saudi Arabia’s plan to diversify its…
TORTOLA: TraceSafe Inc., a global leader in wearable safety tech announced it will include Atmosic Technologies’ cutting-edge Bluetooth 5.0-based M2 system-on-chip (SoC) solution in its AllSafe wristbands to enable reliable device-to-device connectivity for contact tracing. Atmosic’s M2 solution will equip…
VANCOUVER: Exro Technologies Inc. and Australia’s SEA Electric Pty Ltd. are partnering to enhance electric powertrain technology for heavy duty trucks and delivery vehicles. Recognized as a global leader in the electrification of commercial vehicles, SEA Electric and Exro will…
MOSCOW: Spotify launched its service in 13 new markets across Europe including Russia, one of the world’s top 20 largest streaming markets. Already the world’s most popular audio streaming subscription service, with today’s expansion, Spotify now reaches a current total…
MOSCOW: Rostelecom PJSC, the largest integrated digital service provider in Russia, announced that it has signed the agreements to secure a 51% interest in Forkam Limited, a provider of smart software solutions in the utilities sector. Forkam’s key products include…
MEXICO CITY: Insurance sector rating agency, AM Best has assigned a negative market segment outlook to Chile’s insurance industry, citing contractions of premium volume, limited financial flexibility and regulatory changes that have diminished the attractiveness and profitability of the health…
TRONDHEIM, NORWAY: OKEA ASA announced that the company has signed a Sales and Purchase Agreement (SPA) with Equinor Energy AS for the acquisition of Equinor’s 40% operated working interest in PL195 and PL195 B, which include the Aurora discovery, with…
SINGAPORE: BW LPG Limited has concluded the sale and delivery of Berge Summit to its new owner for continued trading. Berge Summit was built in 1990 with a carrying capacity of 78,489 cbm and has been used as a LPG…
SINGAPORE: Keppel Offshore & Marine Ltd has through its wholly owned subsidiaries in Singapore and Brazil secured two contracts worth a combined value of about S$73 million from MODEC Offshore Production Systems (Singapore) Pte Ltd (MODEC), a MODEC, Inc. group…
PERTH: Malachite Resources Limited has signed a Term Sheet to acquire the remaining 85% interest in Sunshine Mineral Limited that it does not already own. Malachite has previously acquired 15% of Sunshine Minerals Limited, a private company incorporated in the…