Habib bank posts 78% decline in profits

KARACHI: Habib Bank Limited (HBL) unveiled its 2QCY19 ended June 30, 2019 consolidated net earnings at Rs750 million translating into earning per share (EPS) of Rs0.44 versus Rs3.44 billion EPS…

NNR July 24, 2019

Canadian Exchange

TechnipFMC awarded a major contract for Arctic LNG 2 project in West Siberia

HOUSTON: TechnipFMC has been awarded a major Engineering, Procurement and Construction (EPC) contract by Novatek and its partners for the Arctic LNG 2 project located in the Gydan peninsula in…

NNR July 24, 2019

London Exchange

IMImobile announces proposed acquisition of 3CInteractive Corp

LONDON: IMImobile, a global cloud communications software and solutions provider, has conditionally agreed to acquire the entire issued and to be issued share capital of 3C Interactive Corp. (3C), a…

NNR July 24, 2019

Singapore Exchange

Cora Gold granted 100% ownership of Tagan Permit in southern Mali

LONDON: Cora Gold has been awarded 100% ownership of the 82km2 Tagan Permit located along the Yanfolila Gold Belt in southern Mali. The newly awarded permit area overlies what is…

NNR July 24, 2019

London Exchange

AEG forms JV for saw-logging operations at Lumberton

LONDON: Active Energy (AEG), the London quoted renewable energy business focussed on biomass, has entered into a joint venture agreement, with Renewable Logistics Systems LLC (RLS), a supplier of saw-logs,…

NNR July 24, 2019

London Exchange

Vodafone, O2 Telefonica to share 5G active equipment across UK

LONDON: Vodafone Limited and O2 Telefónica UK Limited announced that they have agreed to share 5G active equipment, such as radio antennas, on joint network sites across the UK. This…

NNR July 24, 2019

London Exchange

NOVATEK launches South-Khadyryakhinskoye field

MOSCOW: PAO NOVATEK announced that the Company's wholly owned subsidiary NOVATEK-Tarkosaleneftegas commenced commercial production at the South-Khadyryakhinskoye gas field, with estimated gas capacity at about one billion cubic meters per…

NNR July 24, 2019

Singapore Exchange

Anglo American senior leadership changes

LONDON: Anglo American plc announced the appointment of Nolitha Fakude as Chairman of Anglo American's Management Board in South Africa, with effect from 1 September 2019. Fakude will step down…

NNR July 24, 2019

MENA

Investcorp raises up to $142 million in its maiden private equity India fund

BAHRAIN: Global alternative asset manager Investcorp, announced the final close of its maiden Private Equity Fund offering for India. The fund gained a total capital commitment of around Rs 1000…

NNR July 24, 2019

Singapore Exchange

Japan Foods wins Best Annual Report at 2019 Singapore Corporate Awards

SINGAPORE: Leading Japanese restaurant chain, Japan Foods Holding Ltd. has clinched the “Best Annual Report (Silver)”at the 2019 Singapore Corporate Awards in the category for listed companies with less than…

NNR July 24, 2019

MENA

Emirates Integrated Telecommunications post profit of AED 464mn

DUBAI, UAE: Emirates Integrated Telecommunications Company (EITC) published its financial results for Q2 2019 ended June 30, 2019, reporting AED 3.19 billion revenues, AED 1.47 billion EBITDA and AED 464…

NNR July 24, 2019

Euronext

Lonza expands Bioconjugation facility and announces approval of third commercial ADC

BASEL, SWITZERLAND: Lonza has announced the start of expansion to its bioconjugation facility in Visp, Switzerland together with the successful commercial approval of a third antibody-drug-conjugate (ADC) produced at the…

NNR July 24, 2019