SGX reports 1Q FY2020 net profit of S$114 million

SINGAPORE: Singapore Exchange (SGX) has reported 1Q FY2020 net profit of S$114.2 million with revenues of S$247.6 million. EBITDA came in at S$156.4 million and earnings per share was 10.7…

NNR October 25, 2019

Canadian Exchange

CPHGC and GE announce completion of 1,320MW power plant

KARACHI: China Power Hub Generation Company (Pvt.) Limited (CPHGC) and GE have announced successful completion of 1,320 MW power plant in Balochistan, which would lighten up to 4 million Pakistani…

NNR October 24, 2019

Canadian Exchange

Total dedicates its $400 million global venture fund to carbon neutrality

PARIS--(BUSINESS WIRE)-- Total announced that it will focus its global venture fund on fostering carbon neutrality. The fund will increase its capital to a cumulative $400 million within five years’…

NNR October 24, 2019

Australian Exchange

S&P upgrades Australia’s Banking Industry and ANZ’s ratings

SYDNEY: S&P Global Ratings (S&P) announced it has increased the stand-alone credit profiles (SACP) of ANZ and the other major Australian banks by one notch to ‘a’ from ‘a-’. S&P…

NNR October 24, 2019

Australian Exchange

Esterad Investment posts BD 1.17 million profits for the nine months of 2019

BAHRAIN: Esterad Investment Company (ESTERAD) announced at a meeting of its board of directors on Wednesday 23rd October 2019, the nine months financial results for the current year including the…

NNR October 24, 2019

Canadian Exchange

Asia set to become dominant market for wind energy

BEIJING: Asia could grow its share of installed capacity for onshore wind from 230 Gigawatt (GW) in 2018 to over 2600 GW by 2050, a new report by the International…

NNR October 22, 2019

Singapore Exchange

Etihad and Air Arabia join hands to launch Abu Dhabi’s first low-cost carrier

DUBAI: Etihad Aviation Group, owner of the national airline of the United Arab Emirates, and Air Arabia, the Middle East and North Africa’s first and largest low-cost carrier, announced the…

NNR October 17, 2019

Australian Exchange Ratings

Deyaar reports revenues of AED 483.3 million for the nine months of 2019

DUBAI: Deyaar Development, one of Dubai’s leading property developers and real estate service providers, announced its financial results for the nine months ended 30 September 2019. The company reported revenues…

NNR October 17, 2019

Australian Exchange

AM Best affirms credit ratings of Marble Reinsurance Corporation

HONG KONG: AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” of Marble Reinsurance Corporation. The outlook of these Credit…

NNR October 16, 2019

Singapore Exchange

PipeHawk acquires Wessex Precision Instruments Limited

LONDON: PipeHawk Plc has acquired the entire issued share capital of Wessex Precision Instruments Limited for a consideration of £1. Wessex produces and sells a range of equipment for testing…

NNR October 16, 2019

Canadian Exchange

Costain Group joint venture selected by Southern Water as AMP7 Partner

LONDON: Costain Group, the smart infrastructure solutions company, and its existing joint venture partner MWH Treatment, have been selected by Southern Water to extend the AMP6 contract as part of…

NNR October 16, 2019

Singapore Exchange

Sativa Group gets Controlled Drug Licence

LONDON: Sativa Group’s wholly owned subsidiary Sativa Cultivation and Extraction Ltd, has been awarded a Controlled Drug licence for cannabis (with THC content of greater than 0.2%) cultivation, production, possession…

NNR October 16, 2019