Sberbank and Mail.ru Group have agreed on strategic cooperation
MOSCOW: Sberbank and Mail.ru Group have agreed on strategic cooperation and signed binding paperwork to partner in mobility and food-tech. Sberbank has also signed binding...
GFH Financial Group posts 21% decline in earnings
MANAMA: GFH Financial Group announced its results for the third quarter and first nine months of 2019 ended 30 September 2019. For the third quarter...
Abu Dhabi Exchange prepares paper to help develop Crypto Asset platforms
ABU Dhabi: Abu Dhabi Securities Exchange (ADX) has prepared a working paper to facilitate best practice and provide recommendations for developing platforms in the Crypto...
STOXX Europe 600 ESG-X Index licensed to Kairos Partners
ZUG: Qontigo’s global index provider STOXX Ltd. has licensed the STOXX Europe 600 ESG-X Index to Kairos Partners SGR to serve as an underlying for...
AM Best withdraws credit ratings of Royal Insurance Corporation of Bhutan
SINGAPORE: AM Best has affirmed the Financial Strength Rating of C (Weak) and the Long-Term Issuer Credit Rating of “ccc+” of Royal Insurance Corporation of...
Fatfish accepts A$12.7mn offer for its Swedish subsidiary from Abelco
MELBOURNE: Fatfish Blockchain Limited (FFG) has received and accepted a A$12.7 million offer for the merger of its Swedish venture builder subsidiary Fatfish Global Ventures...
Tokai Tokyo Global Investments to invest in Singapore’s STO exchange operator ICHX
TOKYO: Tokai Tokyo Global Investments Pte. Ltd., a subsidiary of Tokai Tokyo Financial Holdings, entered into an agreement to invest $5.0 million in Singapore’s STO...
AM Best Affirms upgrades ICR of American National P&C Group members
NEW YORK: AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “a+” of...
AM Best assigns credit ratings to Oceanview Life and Annuity Company, Oceanview Reinsurance
OLDWICK: AM Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating (Long-Term ICR) of “a-” to Oceanview Life...
Bango enables carrier billing subscriptions for YouTube TV
CAMBRIDGE: Bango Plc, the mobile commerce company, has launched carrier billing payment services for the monthly subscription based YouTube TV package. Following an initial launch...
S&P revises outlook on U.K.-based HSBC Holdings to negative
LONDON: S&P Global Ratings revised its outlook on U.K.-based bank holding company HSBC Holdings PLC to negative. At the same time, S&P affirmed ‘A’ long-term...
Lifenet makes business alliance with Insurtech provider justInCase
TOKYO: Lifenet Insurance Company announced that Lifenet has concluded a comprehensive business alliance agreement with justInCase, Inc., which has received the first authorization to participate...