OLDWICK: Private equity holdings of U.S. insurance industry grew by 14.8% in 2020, with the life/annuity insurance industry seeing its highest value in five years, at $71.7 billion, global rating agency AM Best reports. The Best’s Special Report, “Private Equity Investments Still Attractive to US Insurers,” states that U.S. property/casualty insurers also increased the book-adjusted/carrying…
Cypherpunk Holdings joins council to fund development of next generation privacy solutions
TORONTO, ONTARIO: Cypherpunk Holdings Inc. has joined the Cypherpunk Guild Council on NEAR Protocol, which is focused on funding the deployment of the next generation of privacy solutions. Chief Economist and director of Cypherpunk Holdings, Jon Matonis, has joined the Cypherpunk Guild Council as a representative of the Company. The Cypherpunk Guild Council is a…
Fandom Sports developing NFT Exchange for esports and sports rewards
VANCOUVER, BRITISH COLUMBIA: Fandom Sports Media Corp. has commenced development of a Non-Fungible Token (NFT) exchange that will be built into both the company’s all ages and wagering fan engagement platforms, a news release said. Fandom Sports has already minted its first Fancoin non-fungible token (NFT) which will form the backbone of the Company’s fan…
FansUnite signs partnership with top Brazilian streamer and broadcaster, Gaules
VANCOUVER, BRITISH COLUMBIA: FansUnite Entertainment’s Brazilian brand, Vamosgg.com has entered an agreement with top Brazilian streamer Gaules, to secure the Exclusive Gaming Partner rights for Brazil in the upcoming CS:GO Major to be held in Stockholm, Sweden between October 23rd and November 7th of 2021. FansUnite was able to secure this deal with the help…
Shares of Plant Veda Foods begin trading on Canadian Securities Exchange
VANCOUVER, B.C.: The common shares of Plant Veda Foods Ltd., a dairy-alternative company, began trading on the Canadian Securities Exchange under the ticker symbol “MILK” on June 21, 2021. This is the latest in a series of positive developments for the creators of the world’s first vegan lassi. On the announcement of trading, President and…
Fertiglobe joins TA’ZIZ as partner in Abu Dhabi world-scale blue ammonia project in Abu Dhabi
AMSTERDAM, NETHERLANDS: OCI N.V. announced that Fertiglobe has signed an agreement with TA’ZIZ to join a world-scale blue ammonia production project in Ruwais, Abu Dhabi. The agreement further strengthens the UAE’s hydrogen value proposition, building on the deep experience in carbon capture and storage of ADNOC, and the world leading ammonia capabilities of Fertiglobe, to…
Mastercard Foundation appoints Robin Washington to Board of Directors
TORONTO, ONTARIO: The Mastercard Foundation announced changes to its Board of Directors. Robin L. Washington was appointed to the Board and long-time Board member President Festus G. Mogae will be retiring. “I’m thrilled to welcome Robin Washington to the Board,” says Zein M. Abdalla, Mastercard Foundation Board Chair. “As you can see from Robin’s biography,…
Mitsui to divest shares in PT Paiton Energy, two other entities to RHIS
LONDON, UK: Mitsui & Co. Ltd. has signed a sale and purchase agreement to sell its 45.5 percent shares in PT Paiton Energy of Indonesia; 45.5 percent shares in Minejesa Capital B.V of Netherlands and 65 percent stake in IPM Asia Pte. Ltd of Singapore to RH International Corporation Pte. Ltd. (RHIS), a wholly-owned subsidiary of RATCH Group. PT Paiton…
OMV Petrom enters the LNG distribution market
LONDON, UK: OMV Petrom, the largest energy company in South-Eastern Europe, has obtained a license to commercialize liquefied natural gas (LNG), thus diversifying its activities on the gas market and related products, a news release said. Franck Neel, member of the OMV Petrom Executive Board, responsible for Downstream Gas: “OMV Petrom’s entry on this market is…
Airthings expands US retail footprint with CVS Health partnership
OSLO, NORWAY: Airthings ASA has teamed up with CVS Health, the largest pharmacy in America, to serve as an official retailer of the Airthings Wave Mini smart indoor air quality monitor in its stores, a news release said. By the end of July 2021, customers will be able to find the Wave Mini at more than 3 000…
TotalEnergies renews its global partnership with Peugeot, Citroën, DS Automobiles and extends it to Opel and Vauxhall
PARIS, FRANCE: TotalEnergies and Stellantis announce the renewal of their partnership for the next five years for the Peugeot, Citroën and DS Automobiles brands. The two Groups are also opening a new chapter with its expansion to include Opel and Vauxhall. These global cooperation agreements now cover five core areas: Increased collaboration in Research & Development,…
Cloudberry Clean Energy ASA lists on Oslo Børs
OSLO, NORWAY: Cloudberry Clean Energy ASA uplists from Euronext Growth to Oslo Stock Exchange’s main list, Oslo Børs. Since Cloudberry was listed on Euronext Growth in April 2020, the company has raised NOK 1.8 billion in equity from Nordic and international investors, enabling substantial progress in developing the company’s portfolio of wind and hydropower energy…