LONDON: Versarien plc, the advanced materials engineering group, announced that James Stewart CBE has been appointed as the Company’s Non-executive Chairman with immediate effect. Mr Stewart is currently Managing Partner of Menlo Partners LLP, an investment and advisory company with…
LONDON: Rio Tinto has launched a board-led review of its heritage management processes within Iron Ore following the events at Juukan Gorge, with a focus on recommending improvements to the effectiveness of its internal processes and governance. The review will…
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…
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…
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…
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…
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…
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,…
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,…
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…
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…
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…