SAN FRANCISCO: Afterpay, the leader in “Buy Now, Pay Later” payments, announced that there are now more than five million active shoppers in the U.S. using the service at Afterpay merchant partners. Afterpay now has nearly nine million U.S. consumers who have joined the platform, including more than one million new customers using the platform…
Category: Australian Exchange
Australian Securities Exchange news today and company announcements regarding mergers, acquisitions, appointments, expansion and technology of companies listed on Australian Securities Exchange (ASX).
CDC Data Centres to develop two world-class data centres in New Zealand
WELLINGTON: Infratil Limited announced that CDC Data Centres (“CDC”) is expanding into New Zealand. CDC is a state of the art Data Centre colocation provider delivering world class enterprise facilities and services. CDC intends to develop two world-class hyperscale data centres on development sites in Auckland, New Zealand with capacity in the near term up…
Cromwell closes sale of 50% of 475 Victoria Avenue, Chatswood
BRISBANE: Real estate investor and manager, Cromwell Property Group, has today the sale of a 50% stake in 475 Victoria Avenue, Chatswood to a private fund managed by BlackRock for $120 million. The sale represents another practical example of Cromwell’s ‘Invest to Manage’ strategy, which involves investing capital to acquire or develop assets, creating new…
Oventus Medical signs agreement with Careica Health, Canada
BRISBANE: Obstructive Sleep Apnoea (OSA) treatment innovator, Oventus Medical Ltd has signed an agreement with Careica Health, one of western Canada’s largest privately-owned providers of diagnostics and treatment for obstructive sleep apnoea and home oxygen services. Under the agreement, patients will be referred from Careica’s 26 homecare locations which span the provinces of Manitoba, Saskatchewan,…
Craig International Ballistics gets million dollar contract from Australian Defence Force
SYDNEY: The Federal Government has announced the initial $1 million contract to Craig International Ballistics (CIB) for the Australian Defence Force (ADF) to receive 750 sets of soft armour. The soft armour using world-first body armour technology will provide superior protection, and is significantly lighter than the current soft armour and offers greater comfort for…
CommsChoice Confirms Peter McGrath as permanent CEO and Managing Director
PERTH: The Board of CommsChoice Group Ltd confirmed the appointment of Mr Peter McGrath in the permanent role as Group CEO and Managing Director. John Mackay, Chairman of CCG, said he was delighted to confirm Peter in the permanent CEO role. The Board is very happy with the progress the Company has made since the…
Johns Lyng Group partners with ZIP to aid strata recovery from COVID-19
SYDNEY: Johns Lyng Group has signed an agreement with buy-now-pay-later operator Zip Co. Limited to assist owners and managers of the Group’s 70,000-plus strata titles access cutting-edge decontamination products used in the COVID-19 clean up. Zip allows purchases to be made interest free, with flexible repayment options from as low as $10 per week. Strata…
Power Metals forms gold exploration JV with Red Rock Resources
SYDNEY: Power Metal Resources (POW), a metals exploration and development company, announced the commencement of a new joint venture (JV) with Red Rock Resources Plc to build a strategic gold exploration portfolio in Australia. Paul Johnson Chief Executive Officer of Power Metal Resources plc commented: “This strategic move into Australian gold exploration is an important…
Empire Metals to acquire 41% stake in Munni Munni Palladium Project in Australia
SYDNEY: Empire Metals Limited has entered into a Binding Heads of Agreement with ASX listed Artemis Resources Limited to acquire a 41% interest in the Munni Munni Palladium Project in the West Pilbara, Western Australia and has first right of refusal on a further 29% interest in the project. Mike Struthers, CEO, said: “This acquisition…
BASF and Security Matters collaborate towards a circular economy for plastics
MELBOURNE: Security Matters Ltd and BASF signed a binding joint development agreement to develop solutions for plastics traceability and circularity. Plastics, with unique characteristics and when used properly, contribute to a more sustainable and resource efficient future. However, to move towards a circular economy, more plastic waste needs to be recovered and reused. Though there…
Outlook on private mortgage insurers revised to negative as COVID-19 hits housing market
OLDWICK: U.S. based rating agency, AM Best has revised its market segment outlook on the private mortgage insurance segment to negative from stable, as the COVID-19 pandemic has introduced uncertainty in the viability of the primary and secondary markets for mortgages. The mortgage market is considerably healthier than it was during the 2008 credit crisis,…
AM Best revises Canada life insurance industry outlook to negative
OLDWICK: Global rating agency, AM Best has revised its market segment outlook on Canada’s life insurance industry to negative, owing to the significant disruption to the financial markets caused by the outbreak of COVID-19. Concurrently, AM Best is maintaining its stable outlook on Canada’s property/casualty industry. In its Best’s Market Segment Report on Canada’s life…