Restaurant Brands International Inc. (RBI) is a Canadian-American multinational fast food holding company. Formed in 2014 by the $12.5 billion merger between American fast food restaurant chain Burger King and Canadian coffee shop and restaurant chain Tim Hortons, and expanded by the 2017 purchase of American fast food chain Popeyes Louisiana Kitchen, the company is…
Resolute Forest Products
Resolute Forest Products (Produits forestiers Résolu), formerly known as AbitibiBowater Inc., is a pulp, paper, tissue, and wood products manufacturer headquartered in Montreal, Quebec, Canada, formed by the merger of Bowater and Abitibi-Consolidated, which was announced 29 January 2007. At the time, AbitibiBowater was the third largest pulp and paper company in North America, and…
Redline Communications Group
Redline Communications Group is a multinational wireless communications network designer and manufacturer headquartered in Markham, Ontario, Canada. It also maintains offices and operations in Florida, California, Romania and Oman. Redline Communications develops and sells wide-area industrial networks that operate over wide geographic areas. Redline sells wireless terminals that provide TCP/IP transport for fixed, portable and…
Recipe Unlimited Corporation (formerly Cara Operations Limited)
Recipe Unlimited Corporation (formerly Cara Operations Limited) is a Canadian company that operates several restaurant chains, as well as major food distribution for correctional facilities, educational facilities and other large operations. The company’s headquarters are in Vaughan, Ontario, in the Greater Toronto Area. In May 2018, CEO Bill Gregson announced that Cara Operations Limited would…
SHUAA managed Nujoom funds announce first dividend
DUBAI: SHUAA Capital psc announced the first dividend for investors in two of its Sharia-compliant funds, offering a 1% cash dividend for the fourth quarter of 2020. The dividend is first dividend from the funds and within three months of their launch and translates to a 6.4% dividend yield for the investors. The Nujoom Aggressive…
Surge in telehealth usage as pandemic transforms health care delivery
NEW YORK: Year 2020 was arguably the most eventful year on record for telehealth as the COVID-19 pandemic accelerated the use of video-enabled visits by individuals and providers. As noted in the AM Best’s Special Report, “Telehealth Claim Surge from Pandemic Transforms Healthcare Delivery,” a recent industry survey found that just one-quarter of respondents said…
SGX and Temasek form JV to advance digital asset infrastructure in capital markets
SINGAPORE: Singapore Exchange (SGX) and Temasek have entered into a joint venture (JV), which is set to be Asia Pacific’s first exchange-led digital asset venture focused on capital markets workflows through smart contracts, ledger and tokenisation technologies, a news release said. This builds on the successful collaboration between SGX, Temasek and HSBC which culminated with…
Singapore Exchange reports 1H FY2021 net profit of S$228 million
SINGAPORE: Singapore Exchange (SGX) reported 1H FY2021 adjusted net profit of S$228.0 million (S$213.9 million), with revenues of S$520.8 million (S$478.5 million). Adjusted EBITDA stood at S$321.2 million (S$298.8 million), while adjusted earnings per share was 21.3 cents (20.0 cents). Moving forward, to better reflect its underlying operating performance, SGX will disclose additional financial measures,…
Pfizer and BioNTech reach agreement with COVAX for advance purchase of COVID-19 vaccine
NEW YORK: Pfizer and BioNTech SE announced an advance purchase agreement with COVAX for up to 40 million doses of the Pfizer-BioNTech COVID-19 Vaccine. The doses will be delivered throughout 2021, a news release said. COVAX is a global initiative coordinated by the Global Alliance for Vaccines and Immunization (GAVI), the Coalition for Epidemic Preparedness…
Fiserv completes acquisition of Ondot
BROOKFIELD: Fiserv Inc., a leading global provider of payments and financial services technology solutions, announced the completion of its acquisition of Ondot Systems Inc. “Closing this transaction further expands our digital capabilities, enhancing our suite of integrated solutions to enable clients of all sizes to deliver frictionless, digital-first and personalized experiences to consumers,” said Frank…
Biotechnology Institute launches BioDiversity Winter Institute
WASHINGTON: The Biotechnology Institute announced the launch of a new online afterschool STEM education program “BioDiversity” for 3rd – 8th graders. The fundamental objective of BioDiversity is to engage, excite and educate students of ethnic and cultural backgrounds that are under-represented in the scientific community about their potential to successfully pursue career paths in science….
W2O Group appoints new leaders to further drive digital transformation in healthcare
SAN FRANCISCO: Global health leader, W2O Group has appointed Jo Ann Saitta and Global Chief Digital Officer to lead the development of W2O’s omnichannel performance marketing capabilities, with a focus on activating audience insights through technology and data strategies. Named as one of “16 Women Changing Healthcare” by MM&M and CIO of the Year by…