LONDON: Essentra plc has signed an agreement for the establishment of a new joint venture (JV) company in China, China Tobacco Essentra (Xiamen) Filters Co., Ltd. to produce specialist and next generation filters, which the JV plans to manufacture locally…
NEW YORK: Blackbird plc, developer and seller of market-leading cloud video platform Blackbird, has signed a significant multi-year deal with Bloomberg Media for fast turnaround news editing and social publishing, a release said. The annual revenues from this deal will…
PARIS, FRANCE: Total Quadran, a wholly owned Total subsidiary involved in the production of renewable electricity in France and its overseas territories, starts up Hélio Boulouparis 2, the largest solar power plant with energy storage in overseas France. The plant…
LIMASSOL: TCS Group Holding, Russia’s leading provider of online financial and lifestyle services via its Tinkoff ecosystem, announced that its depositary receipts (GDRs) will be included in MOEX Russia indices starting December 2019. The securities will be included in the…
OSLO: Infront ASA, a provider of global market data, news, analytics and trading tools, announced group revenue of EUR 25.3 million for Q3 2019 as against EUR 7.1 million same period last year, posting an increase of 256%, driven mainly…
OSLO, NORWAY: OKEA ASA, an Exploration and Production (E&P) company, has announced successful completion of a USD 120 million five-year senior secured bond issue with a coupon rate of 8.75 percent and an issue price of 99% of the nominal…
OLDWICK: Net income of the life insurance and annuity industry in U. S. shrank 18% to $27.6 billion in the first nine months of 2019, compared with the same prior-year period. This financial review is detailed in a new Best’s…
AMSTERDAM: Signify, the world leader in lighting, unveiled its facilities to 3D print light shades and fittings (luminaires) in the Netherlands and plans to establish 3D printing factories in the US, and Indonesia. The company has perfected this highly flexible,…
PERTH: Vulcan Energy Resources Ltd. has signed a Memorandum of Understanding (MoU) with Pfalzwerke geofuture GmbH, part of the German utility Pfalzwerke Group. The MoU constitutes an initial collaboration period, during which Pfalzwerke geofuture will supply live brine and well…
SYDNEY: Virgin Australia Holdings Limited announced the completion of the acquisition of Connectivity Pte Ltd’s (Affinity’s) approximate 35% minority investment in Velocity Frequent Flyer Holdco Pty Limited. As a result, Virgin Australia now has 100% ownership of Velocity Frequent Flyer…
LONDON: Regal Petroleum plc has entered into a Memorandum of Understanding (MoU) for the acquisition of PJSC Science and Production Concern Ukrnaftinvest (UNI), which holds the Belolisky and Alibeysk-Trapivska production licences in Ukraine. The Memorandum is made between the Company…
SUBIACO: Galena Mining Ltd has appointed Stewart Howe as a Non-Executive Director. The appointment of Howe, a mining and chemical engineer with considerable senior management experience in the global lead/zinc industry, has been made as part of Galena’s continuing evolution…