DUBAI, UAE: Emirates Post has announced the resumption of all mail, packets and parcel services to Pakistan, providing the UAE’s Pakistani community as well as businesses a cost-effective channel to the high-volume market. Pakistan is one of Emirates Post’s key…
SINGAPORE: UAC Energy Holdings Pty Ltd, an affiliate of AC Energy, has directly and indirectly acquired a 12.82% stake in Infigen Energy Limited for AUD 90.4 million. Infigen is a renewable energy developer, generator and retailer listed in the Australian…
SINGAPORE: Moody’s Investors Service has taken rating actions on 11 Indian banks following sovereign downgrade. Rating action has been taken on following banks: Bank of Baroda (BOB), Bank of India (BOI), Canara Bank (Canara), Central Bank of India (CBI), Export-Import…
TORONTO: Granite Real Estate Investment Trust’s wholly owned subsidiary Granite REIT Holdings Limited Partnership (Granite LP) has priced an offering of C$500 million aggregate principal amount of 3.062% Series 4 senior unsecured debentures due June 4, 2027. The Debentures will…
WAKEFIELD: Byrna Technologies Inc. reports record online sales this weekend as civil unrest and wide scale looting in cities large and small across the United States drove demand for the Byrna HD personal security device. The Byrna HD, which requires…
TORONTO: Blueberries Medical Corp., a Latin American licensed producer of medicinal cannabis and cannabis-derived products, has officially commenced sales of its proprietary cultivars approved by the Colombian Institute of Agriculture (ICA). Blueberries has entered into multiple sales agreements to distribute…
LONDON: AM Best has assigned a negative market segment outlook to the Spanish life insurance market. Key supporting factors include AM Best’s expectation of a negative impact on earnings and solvency metrics due to the financial market volatility and global…
VANCOUVER: Great Thunder Gold Corp. announced that the Canadian Securities Exchange (CSE) has approved the Company’s application to list its common shares on its exchange. Great Thunder’s CEO Rich Macey states, “Listing on the CSE is a strategic positioning, like…
LONDON: While many London Market participants began 2020 generally optimistic on the back of signs of pricing improvement, the COVID-19 pandemic has cast a shadow over performance expectations for the rest of the year. It has also thrown a spotlight…
MANAMA, BAHRAIN: Bank ABC entered a founding partnership with Bahrain Fintech Bay (BFB). This strategic alliance illustrates Bank ABC and Bahrain FinTech Bay‘s continued commitment to play a pivotal role in the development of the fintech ecosystem in the Kingdom…
MANAMA: Under the patronage of H.E. Zayed R Alzayani, the Minister of Industry, Commerce, & Tourism and the Minister in Charge of Bahrain Bourse (BHB), BHB announced the winners of the 2019-2020 TradeQuest Program during a virtual ceremony held on…
OLDWICK: AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” of M&C General Insurance Company Limited (M&C General) (Castries, St. Lucia). The outlook of these Credit Ratings is stable. The…