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    Avation Plc announces transition of aircraft leases and sales

    ByNNR June 19, 2020October 24, 2023

    SINGAPORE: Avation PLC, the commercial passenger aircraft leasing company, has entered into commercial arrangements in respect of five aircraft that were on lease to Virgin Australia, which entered administration on 21 April. Avation has entered into agreements to lease two…

    Read More Avation Plc announces transition of aircraft leases and salesContinue

  • More

    Body and Mind collaborates to bring Her Highness brand to Nevada

    ByNNR June 18, 2020

    VANCOUVER: Body and Mind Inc., a multi-state cannabis operator, has finalized a production licensing agreement with Her Highness, a growing cannabis brand aimed to introduce and educate women, both the curious and experienced consumers, on the benefits of incorporating cannabis…

    Read More Body and Mind collaborates to bring Her Highness brand to NevadaContinue

  • Canadian Exchange

    Plymouth Rock Technologies to deploy first commercially available 5G drone

    ByNNR June 18, 2020September 8, 2022

    PLYMOUTH: Plymouth Rock Technologies Inc., a leader in the development of cuttingedge threat detection technologies, announced that its X1 platform will begin initial production with integrated 5G command and control modules as standard. In many tests, cellular networks have proven…

    Read More Plymouth Rock Technologies to deploy first commercially available 5G droneContinue

  • Canadian Exchange

    BevCanna signs definitive agreement to acquire Exceler Holdings

    ByNNR June 18, 2020June 18, 2020

    VANCOUVER: Emerging leader in infused cannabis beverages, BevCanna Enterprises Inc., has entered into a definitive share exchange agreement with Exceler Holdings Ltd, an arm’s length private British Columbia corporation. The agreement with Exceler will provide BevCanna with access to Exceler’s…

    Read More BevCanna signs definitive agreement to acquire Exceler HoldingsContinue

  • Canadian Exchange

    Temas Resources enters into definitive agreement to acquire iron ore property

    ByNNR June 18, 2020June 18, 2020

    VANCOUVER: Temas Resources Corp. has executed a definitive agreement with CloudBreak Discovery Corp. and Cronin Services Ltd. to acquire a 100% interest in the La Blache property in Cote-Nord, Quebec by way of certain share and cash consideration. The La…

    Read More Temas Resources enters into definitive agreement to acquire iron ore propertyContinue

  • Canadian Exchange

    Sitka Gold begins drilling at its Alpha Gold Property in Nevada

    ByNNR June 18, 2020

    VANCOUVER: Sitka Gold Corp. announced that drilling has commenced at its Alpha Gold Property located in Nevada’s prolific Carlin gold province. Alpha Gold is located where the projection of the Cortez gold trend, which hosts several multi-million ounce gold deposits,…

    Read More Sitka Gold begins drilling at its Alpha Gold Property in NevadaContinue

  • Canadian Exchange

    NexTech AR and BDA sign partner supply agreement

    ByNNR June 18, 2020

    NEW YORK: NexTech AR Solutions signed a partner supplier agreement with Bensussen Deutsch & Associates (BDA), LLC. BDA Sports will be using the InfernoAR virtual event platform for their signature annual Think Tank 2020 program for teams in NHL, NBA,…

    Read More NexTech AR and BDA sign partner supply agreementContinue

  • Singapore Exchange

    Prudential announces $27.6bn reinsurance agreement alongside $500mn equity investment by Athene into its US business

    ByNNR June 18, 2020

    SINGAPORE: The Board of Prudential plc has reached agreement with Athene Holding Ltd a leading retirement services company, for its subsidiary Athene Life Re Ltd to invest $500 million in Prudential’s US business in return for an 11.1 per cent…

    Read More Prudential announces $27.6bn reinsurance agreement alongside $500mn equity investment by Athene into its US businessContinue

  • Ratings

    AM Best affirms ratings of Orient Insurance and Orient Takaful

    ByNNR June 18, 2020March 28, 2021

    OLDWICK: AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of “a+” of Orient Insurance PJSC (United Arab Emirates) and Orient Takaful Insurance Company (Egypt), a subsidiary of Orient. The outlook of…

    Read More AM Best affirms ratings of Orient Insurance and Orient TakafulContinue

  • Ratings

    AM Best downgrades credit ratings of Turkey’s Milli Re

    ByNNR June 18, 2020March 28, 2021

    LONDON: Rating agency AM Best has downgraded the Financial Strength Rating (FSR) to B (Fair) from B+ (Good) and the Long-Term Issuer Credit Rating (Long-Term ICR) to “bb+” from “bbb-” of Milli Reasurans Turk Anonim Sirketi (Milli Re) (Turkey). The…

    Read More AM Best downgrades credit ratings of Turkey’s Milli ReContinue

  • Singapore Exchange

    Olam secures $250 million sustainability-linked loan, its third in 2 years

    ByNNR June 18, 2020

    SINGAPORE: Olam International Limited and its wholly owned subsidiary, Olam Treasury Pte. Ltd., have secured a revolving sustainability-linked credit facility aggregating US$250 million that is linked to meeting key sustainability performance indicators (KPI). The facility consists of three tranches –…

    Read More Olam secures $250 million sustainability-linked loan, its third in 2 yearsContinue

  • Wire

    Ralph Lauren announces participation in Evercore ISI Virtual Consumer & Retail Summit

    ByNNR June 18, 2020

    NEW YORK: Ralph Lauren Corporation announced the Company’s participation in the Evercore ISI Virtual Consumer & Retail Summit. The event includes a virtual fireside chat hosted by Omar Saad, equity research analyst at Evercore ISI, with Jane Nielsen, Chief Operating…

    Read More Ralph Lauren announces participation in Evercore ISI Virtual Consumer & Retail SummitContinue

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