TOKYO: Nomura Holdings Inc. announced that LINE Securities Corporation, the firm’s joint venture with LINE Financial Corporation, has launched a new investment service on the LINE platform. LINE Securities is committed to making investing more accessible to a wide range…
LONDON: JSC National Atomic Company (Kazatomprom) has announced its intention to continue to flex down production by 20% through 2021, compared to the planned levels under Subsoil Use Contracts, a release issued to London Stock Exchange noted. The Company will…
DUBAI, UAE: Listed companies at Dubai Financial Market (DFM) have recorded a 96% compliance regarding the disclosure of Q2-2019 results within the deadline of 45 days from the end of the period, a release said. The total number of UAE…
DUBAI: Gross Refinery Margins (GRMs) for August-2019, increased by 21% YoY to US$11.45/bbl, supported by robust performance at the top and bottom of the barrel. However, sequential uptick of 23% MoM in GRMs is a result of strong middle of…
DOHA: Gulf International Services announced that Gulf Drilling International (GDI), a wholly owned subsidiary of GIS, has executed a joint venture agreement with Seadrill limited to service the Qatar Petroleum North Field Expansion drilling program. The joint venture, which will…
SINGAPORE: Rex International Holding Limited, a technology-driven oil company, updates its business strategy going forward, after achieving a record profit net of tax of approximately US$26.29 million for the quarter ended 30 June 2019, following the Group’s sales of interests…
LONDON, UK: TBC Bank Group has entered into an agreement to acquire a 65% stake in LLC My.ge, the leading classified e-commerce player in Georgia trading under the My.ge Group name for GEL 19.45 million, implying a valuation of GEL…
LONDON: Safestore Holdings will invest in a 20% stake in a joint venture with Carlyle to invest in carefully selected self-storage opportunities in Europe. Safestore has developed a highly scalable platform in self-storage built on leading marketing and operational expertise….
LONDON: LondonMetric Property has agreed to purchase and fund a new 232,000 sq ft distribution warehouse for £24.0 million, reflecting a yield on cost of 5.2%. The warehouse has been pre-let to Croda, a FTSE 100 speciality chemical company, on…
READING, UK: Dr John McAdam has been appointed Chairman of the Board of ConvaTec with effect from 30th September 2019, the same date as Karim Bitar joins as Chief Executive Officer of the Company. John has recently stepped down as…
GENEVA: MSC Mediterranean Shipping Company has announced that MSC Gülsün, the world’s largest container ship, has arrived in Europe after completing its landmark maiden voyage from the north of China. MSC Gülsün is the first of a new class of…
KARACHI: China Power Hub Generation Company (CPHGC) – a joint venture between Hub Power Company Ltd. (HUBCO) and China Power International Holding – has successfully declared the Commercial Operations Date (COD) of its 1320MW imported coal power plant and integrated…