LONDON: Mercia Asset Management PLC announced the British Business Bank (BBB) has allocated an additional £54.3million to Mercia’s two existing investment mandates from the Northern Powerhouse Investment Fund (NPIF). This takes Mercia’s total mandates from BBB to £186.3million and the…
LONDON: Tullow Oil plc announced the appointment of Rahul Dhir as Chief Executive Officer and an Executive Director of the Group. Rahul will take up his appointment from 1 July 2020 and Dorothy Thompson, currently Executive Chair of Tullow, will…
LONDON, UK: TBC Bank Group; subsidiary TBC Bank in Uzbekistan, has obtained its banking licence and is planning to launch banking operations in June 2020. TBC’s strategy is to establish a greenfield, next-generation banking ecosystem for retail and MSME customers…
LONDON: AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-“ of Kelvin Re Limited (Guernsey). The outlook of these Credit Ratings remains stable. The ratings reflect Kelvin Re’s balance sheet…
LONDON: AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” of Humboldt Re Limited (Guernsey). The outlook of these ratings remains stable. The ratings reflect Humboldt Re’s balance sheet strength,…
MELBOURNE: Security Matters Ltd and BASF signed a binding joint development agreement to develop solutions for plastics traceability and circularity. Plastics, with unique characteristics and when used properly, contribute to a more sustainable and resource efficient future. However, to move…
OSLO: Zwipe AS, a leading biometric fintech company, and IDEX Biometrics have signed an agreement that will see Zwipe combining IDEX Biometrics sensor products with the Zwipe Pay ONE platform to enable a complete system solution for biometric payment cards….
TORONTO: Graph Blockchain Inc. applauds Datametrex Limited for securing the rights to import COVID-19 detection kit into Canada and other countries around the globe. Datametrex, a minority shareholder of Graph Blockchain, is currently working with Health Canada to have the…
LONDON: Future plc, the global platform for specialist media, has completed the acquisition of TI Media, which was announced on 30 October 2019 and was conditional upon clearance from the Competition and Markets Authority (CMA). TI Media is a UK-based,…
LONDON: Arqiva Group Ltd announced that Paul Donovan has been appointed Chief Executive Officer with immediate effect. Arqiva is a leading UK communications infrastructure and media services provider dedicated to connecting people and devices wherever they are through the delivery…
LONDON: Litigation Capital Management Limited, a leading international provider of disputes financing solutions, announces the conclusion of its Joint Venture Arrangement with Vannin Capital Limited and associated profit of A$2.45 million. In 2013, LCM entered into a JVA with Vannin. …
LONDON: Gfinity plc, an esports and gaming solutions provider, has been appointed to operate the inaugural ePremier League (ePL) Invitational tournament. The knockout tournament taking place this week will see Premier League footballers representing their clubs and playing EA Sports…