LONDON: Toyota Motor Corporation (Toyota) and Suzuki Motor Corporation (Suzuki) have entered into an agreement regarding a capital alliance on Wednesday, in order to establish and promote a long-term partnership between the two companies for promoting collaboration in new fields,…
ISLAMABAD: Every year, the capital city of Pakistan gets its much-needed intellectual and cultural treat in the form of the annual Islamabad Literature Festival (ILF). Carrying on this legacy for the 6th time, the theme of this year’s ILF is…
MOROCCO: Total S.A. has inaugurated its thousandth solarized service station, powered by solar panels. The rooftop solar systems at the TOTAL Palmeraie retail outlet in Marrakesh, Morocco, are a milestone in the company’s program to solarize certain of its service…
LONDON: IMImobile, a global cloud communications software and solutions provider, has completed the Tender Offer for the acquisition of 3CInteractive Corp. As of the expiration of the Tender Offer on Friday, August 23, 2019, a total of approximately 99.5% of…
LONDON: Diversified Gas & Oil (DGO), the U.S. based owner and operator of natural gas, natural gas liquids, and oil wells as well as midstream assets, has entered into binding agreements to acquire two separate packages of margin enhancing natural…
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 (CEO) and Executive Member of the Board of Directors of…
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. Following completion of the transactions, which are subject to approval…
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 total cash consideration of €94 million. The 282 units, across…
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 the plans filed before the commercial registry. The merger is…
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 new Best’s Market Segment Report, titled, “Market Segment Outlook: Bolivia Insurance Industry,”…
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 (IFRS 17) accounting standard and K-Insurance Capital Standard (K-ICS) solvency…
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 this U.S. Commercial Paper Program, ST Engineering may from time…