BRUSSELS: The European Commission today adopted a decision laying the groundwork to deal with the consequences of a possible blockage of the World Trade Organization’s (WTO) Appellate Body, the highest instance of WTO dispute resolution. This decision will enable the…
OLDWICK: Of the $40.6 billion in bank loans owned by the U.S. life/annuity, approximately three-quarters are rated below investment grade, according to a new AM Best report. The Best’s Special Report, titled, “Bank Loans: Low Credit Quality, But Manageable Exposure,” notes…
LONDON: Kingswood Holdings Limited, the integrated wealth management group, has announced the acquisition of the business and assets of WFI Financial, a significant independent regional financial planning business based in Sheffield. The acquisition marks the continuation of the Group’s expansion…
VLADIVOSTOK: PAO NOVATEK and H-Energy Global Ltd, India, signed a Memorandum of Understanding (MOU) envisaging cooperation in LNG supplies to India on a long-term basis, joint investment in future LNG terminals of H-Energy and LNG projects of NOVATEK, as well…
VLADIVOSTOK: Today, during the Eastern Economic Forum in Vladivostok, PAO NOVATEK and PAO Sovcomflot, signed the Heads of Agreement on creating a joint venture, a release issued to London Stock Exchange said. According to the agreement, the parties intend to…
LONDON: Audioboom Group, the leading global podcast company, announced an advertising technology partnership with Voxnest, Inc, a leading b2b technology provider. Audioboom and Voxnest have worked together over several months to develop a scalable podcast advertising system that can quickly…
LONDON: Centaur Media Plc, an international provider of business information and specialist consultancy, announces that Andria Vidler has decided to step down as chief executive officer of the company in order to explore new opportunities. Andria is succeeded by Swag…
LONDON: Haydale Graphene Industries, the global advanced materials group, has been awarded a contract by the European Space Agency (ESA), which is seeking to develop non-metallic gas tanks for spacecraft propulsion systems in a. technology de-risking project. The demand for…
SINGAPORE: GuocoLand Limited has announced the concept and design of Meyer Mansion. The sales gallery will open on 7 September 2019 for preview, and the development will launch for sale on 13 September 2019. Meyer Mansion will be the latest …
DUBAI: Arabtec Holding PJSC, a leading contractor for social and economic infrastructure, has announced the appointment of Wail Farsakh as Group Chief Operating Officer. Wail has over 33 years’ experience in the UAE starting as a structural engineer, progressing to…
SINGAPORE: City Developments Limited (CDL) has secured a S$250 million SDG Innovation Loan, in the form of a three-year revolving credit facility provided by DBS Bank Ltd. (DBS). This is a first-of-its-kind concept that CDL has pioneered for a sustainability-linked…
TOKYO: Mitsubishi UFJ Lease & Finance Company Limited has announced that its consolidated subsidiary U-MACHINE Inc. has established U-MACHINE (CHINA) CO., LTD., a local subsidiary in Shanghai. U-MACHINE is a general trading firm of used machinery. In China, as a…