Panicos Nicolaou appointed CEO of Bank of Cyprus

NICOSIA: Bank of Cyprus Holdings Public Limited Company announced that on 26 August 2019 the European Central Bank approved the appointment of Panicos Nicolaou as the Group Chief Executive Officer…

NNR August 27, 2019

Canadian Exchange

Total strengthens its international partnership with Qatar Petroleum

PARIS--(BUSINESS WIRE)—Total S.A. and Qatar Petroleum have further strengthened their international partnership by signing agreements under which Qatar Petroleum will farm into Total-held exploration acreage in Namibia, Guyana and Kenya.…

NNR August 27, 2019

Ratings

Cairn sells of 282 PRS apartments at The Quarter at Citywest for €94 million

LONDON: Cairn Homes plc, the leading Irish homebuilding company, announced the forward sale of 282 multifamily private rental sector (PRS) apartments at The Quarter in Citywest to Urbeo for a…

NNR August 27, 2019

Singapore Exchange

El Corte Inglés announces merger by absorption of Bricor

MADRID: The general shareholders' meeting has given the green light to the merger by absorption of Bricor (the absorbed company) by El Corte Inglés (the absorbing company), in line with…

NNR August 27, 2019

Australian Exchange

Bolivia insurance industry outlook stable as companies sustain growth trend

MEXICO CITY: AM Best has assigned a stable market segment outlook to Bolivia’s insurance industry, based on healthy growth, robust solvency ratios and a sufficient appetite from reinsurers. In a…

NNR August 26, 2019

Australian Exchange

South Korea insurers prepare to face new accounting and solvency rules

HONG KONG: AM Best views South Korea’s non-life insurers as being in a better position than their life counterparts to weather the impact of the International Financial Reporting Standards 17…

NNR August 26, 2019

Oslo Bourse

ST Engineering North America sets up US$1.5 billion U.S. commercial paper program

SINGAPORE: Singapore Technologies Engineering Ltd (ST Engineering) announced that its subsidiary, ST Engineering North America, has set up a US$1.5 billion U.S. Commercial Paper Program, guaranteed by ST Engineering. Under…

NNR August 26, 2019

Canadian Exchange

WOQOD and Shell Lubricants ink deal on supply of premium lubricants

DOHA: Qatar Fuel Company (WOQOD) and Shell Lubricants signed an agreement over the supply of finished premium lubricants. Under the agreement, Shell will provide WOQOD engine lubricants over a five-year…

NNR August 26, 2019

Canadian Exchange

Woodside announces first oil from Greater Enfield

PERTH, AUSTRALIA: Woodside Energy has notified that on 25 August 2019 the Greater Enfield Project produced first oil through the Ngujima-Yin floating production storage and offloading vessel (FPSO). Greater Enfield…

NNR August 26, 2019

Australian Exchange

Al Salam Bank’s H1 profit rises by 30 percent to USD 32.62 million

BAHRAIN: Al Salam Bank-Bahrain, the pioneering Shari'a-compliant bank in the Kingdom of Bahrain, posted a net profit attributable to shareholders of BHD 12.31 million (USD 32.62 million) for the first…

NNR August 26, 2019

Australian Exchange

Nomura signs MOU for business alliance with San-in Godo Bank and Gogin Securities

TOKYO: Nomura Securities Co., Ltd., a wholly owned subsidiary of Nomura Holdings, has signed a memorandum of understanding (MOU) with San-in Godo Bank, Ltd. and its wholly owned subsidiary Gogin…

NNR August 26, 2019

Canadian Exchange

Kodal Minerals lodges ESIA for Bougouni Lithium project, Mali

LONDON: Kodal Minerals, the mineral exploration and development company focused on its Bougouni Lithium Project in southern Mali has announced the completion and lodging of the Environmental and Social Impact…

NNR August 23, 2019