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Saudi Aramco profit jumps 44% in second quarter as it navigates Hormuz disruption 1
Posted inMENA

Saudi Aramco profit jumps 44% in second quarter as it navigates Hormuz disruption

DHAHRAN: Saudi Aramco said Tuesday that its net income climbed 44% in the second quarter, as oil prices spiked amid an unprecedented disruption to shipping through the Strait of Hormuz, even as…
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Posted by Ali Mirza August 4, 2026
Toyota raises full-year profit outlook despite first-quarter dip, unveils $6.7 billion buyback 2
Posted inLondon Stock Exchange

Toyota raises full-year profit outlook despite first-quarter dip, unveils $6.7 billion buyback

TOKYO: Toyota Motor Corp. reported a slight decline in first-quarter operating profit Tuesday but raised its full-year earnings forecast and announced a fresh share buyback program, as the automaker leaned on cost…
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Posted by Bernice Miles August 4, 2026
HSBC posts 23% profit surge, announces $1bn buyback as transformation gains pace 3
Posted inLondon Stock Exchange

HSBC posts 23% profit surge, announces $1bn buyback as transformation gains pace

LONDON: HSBC Holdings plc reported a 23% jump in first-half profit to $19.5 billion on Tuesday, beating analyst expectations and prompting the bank to resume share buybacks with a $1 billion…
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Posted by Bernice Miles August 4, 2026
FIH Group agrees £7.6 million sale of fine art logistics arm Momart 4
Posted inLondon Stock Exchange

FIH Group agrees £7.6 million sale of fine art logistics arm Momart

LONDON: FIH Group plc has agreed to sell its fine art logistics business, Momart, to Compagnie Générale du Roumois SAS for £7.6 million in cash, the company announced Tuesday. The sale requires shareholder…
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Posted by Ali Mirza August 4, 2026
Posted inLondon Stock Exchange

Halma plc sells NovaBone Products LLC to Isto Biologics for of $60 million

LONDON: Halma plc, the global group of life-saving technology companies focused on growing a safer, cleaner, healthier future for everyone, every day, Tuesday announced that it has completed the sale of NovaBone Products LLC…
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Posted by Ali Mirza August 4, 2026
Posted inLondon Exchange

Driver Group announces opening of New York office

LONDON: Driver Group plc, the global professional services consultancy to the construction and engineering industries, announced opening of an office in New York. The launch of Driver Group's office in…
Posted by NNR August 10, 2020
Posted inLondon Exchange

Supply@ME joins hands with iMass LLC to expand into the Middle East market

LONDON: Following a joint market assessment that commenced in June, Supply@ME announced that it has signed a Memorandum of Understanding (MOU) with Khaled Abdulla Almass and his investment company, iMass…
Posted by NNR August 10, 2020
Posted inLondon Exchange

R&Q acquires 35% interest in New York based Tradesman Program Managers 

LONDON: Randall & Quilter Investment Holdings Ltd. (R&Q) has reached agreement to merge its wholly owned subsidiary, Sandell Re Ltd. with Tradesman Program Managers, LLC. in return for a 35%…
Posted by NNR August 10, 2020
Posted inLondon Exchange

Yü Group acquires Bristol Energy’s B2B business

LONDON: Yü Group PLC, the independent utilities supplier to the UK business sector, has completed the acquisition of the B2B customer book from Bristol Energy Limited, a wholly owned subsidiary…
Posted by NNR August 10, 2020
Posted inMore

Union Properties completes AED 946 million debt restructuring with Emirates NBD

Agreement reached with Dubai’s largest lender is a strong sign of confidence for the iconic property developer. DUBAI: Union Properties PJSC has successfully reached an agreement with Emirates NBD for…
Posted by NNR August 10, 2020
Posted inWire

Majesco signs agreement to be acquired by Thoma Bravo in a $729mn deal

MORRISTOWN: Majesco, a global leader of cloud insurance software solutions for insurance business transformation, has signed an amended definitive agreement to be acquired by Thoma Bravo, L.P., a leading private…
Posted by NNR August 9, 2020
Posted inWire

ON Semiconductor evaluates sale of its manufacturing facility in Japan

PHOENIX: ON Semiconductor Corporation, driving energy efficient innovations, announced it is exploring a sale of its manufacturing facility in Niigata, Japan. The intended sale of Niigata facility is part of…
Posted by NNR August 9, 2020
Posted inCanadian Exchange

High Tide to open Canna Cabana in popular year-round tourist destination of Banff

CALGARY: High Tide Inc., a retail-focused cannabis corporation enhanced by the manufacturing and distribution of cannabis lifestyle accessories, announced that the Canna Cabana retail cannabis store at Banff Avenue in…
Posted by NNR August 8, 2020
Posted inRatings

AM Best assigns credit ratings to Net Insurance S.p.A. with stable outlook

AMSTERDAM: Global rating agency AM Best has assigned a Financial Strength Rating of B+ (Good) and a Long-Term Issuer Credit Rating of “bbb-” to Net Insurance S.p.A. of Italy. The…
Posted by NNR August 8, 2020
Posted inWire

Global commercial aircraft market to grow by over 3.0% during 2020-25

DUBLIN: The commercial aircraft market is expected to register a cumulative average growth rate (CAGR) of over 3.0%, during 2020-25, a report prepared by ResearchAndMarkets.com notes. The growth in air…
Posted by NNR August 8, 2020
Posted inWire

Bophelo enters into $30 million cannabis offtake agreement with Malta-based Medcan

TORONTO: Bophelo Bio Science & Wellness Pty Ltd, a wholly-owned subsidiary of Halo Labs Inc., has entered into an offtake agreement with Medcan Ltd, a company incorporated in the Republic…
Posted by NNR August 8, 2020
Posted inMore

Huawei and 5G industrial partners launch first batch of 5G industrial application

BEIJING: At the "5G for Good, Innovate for New Value" summit, Huawei and 5G industrial partners jointly launched the first batch of 5G industrial applications. This initiative accelerates the development…
Posted by NNR August 8, 2020

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All news and articles on NewsnReleases are based on press releases, corporate announcements and analysts’ reports issued to London Stock Exchange (LSE), Euronext, Singapore Exchange (SGX), Japan Stock Exchange (JPX), Dubai Financial Market (DFM), Saudi Stock Exchange (Tadawul), Qatar Stock Exchange (QSE), BSEIndia, Australia Stock Exchange etc.

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