Al Ramz posts 3.5% profit growth in the quarter
DUBAI: Al Ramz Corporation Investment and Development (Al Ramz) reported net profit of AED 12.6 million for the second quarter of 2019 ended June 30,...
SGX reports 8% growth in FY2019 net profit to S$391 million
SINGAPORE: Singapore Exchange (SGX) reported FY2019 net profit of S$391.1 million up 8%, its highest net profit in 11 years. Revenues were also the highest...
Ricardo Plc completes acquisition of PLC Consulting
LONDON: Ricardo plc, a global engineering, technical, strategic and environmental consultancy business, announced that further to the statement on 1st July 2019, it has completed...
Harwood Wealth Management to acquire Goldwyns Wealth Management
LONDON: Harwood Wealth Management Group, a leading UK based financial planning and discretionary wealth management business, has exchanged contracts to purchase Goldwyns Wealth Management Limited,...
Liontrust to acquire Neptune Investment Management
LONDON: Liontrust Asset Management Plc, the specialist independent fund management group, has entered into a conditional share purchase agreement with the significant shareholders of Neptune...
Hamish Paton appointed CEO of Amigo Holdings
LONDON: Amigo Holdings PLC, the leading provider of guarantor loans in the UK, confirms Hamish Paton has been appointed as CEO and executive director of...
Rakuten to establish company for banking operations in the United States
TOKYO, JAPAN: Rakuten Card Co., a wholly owned subsidiary of Rakuten Inc. has resolved to establish a company titled Rakuten Bank America to commence a...
Vedanta fully unwinds the Cairn India Holdings structured investment with $100 million gains
MUMBAI, INDIA: Cairn India Holdings Limited (CIHL), an overseas subsidiary of Vedanta Limited, and Volcan Investments Limited have agreed to unwind entirely the structured investment...
SoftBank Group plans SoftBank Vision Fund 2
SINGAPORE: SoftBank Group Corp. (SBG) has planned establishment of “SoftBank Vision Fund 2”, a new private investment fund. The objective of the Fund is to...
BSE signs MoU with Shanghai Stock Exchange
MUMBAI, INDIA: BSE, India’s premier exchange, has signed a Memorandum of Understanding (MoU) with Shanghai Stock Exchange to facilitate the development of channels of communication...
Mirai Creation Fund-II invests in VISITS Technologies
TOKYO: SPARX Group Co., Ltd. announced that its Mirai Creation Fund-II has invested in VISITS Technologies, a supporter of innovation generation primarily through its patented...