SYDNEY: Mineral Resources Limited (MRL) announced first iron ore production from the Company’s Wonmunna Iron Ore Mine in the Pilbara region, Western Australia. The milestone, achieved less than five months after breaking ground, was in line with the Company’s guidance to bring Wonmunna into production this quarter and serves as another example of MRL’s industry-leading…
Orminex sells 50% of Penny’s Find Gold Mine to Black Mountain Gold
SYDNEY: Orminex Limited announced that the sale of 50% of the high grade Penny’s Find Gold Mine to Black Mountain Gold Limited, a wholly owned subsidiary of Horizon Minerals Limited, has now been completed. The cash consideration of A$1.5 million has been received by Orminex, a news release said.The funding of pre-development advancement by the…
ANZ agrees to settle US class action complaint without admission of liability
SYDNEY: ANZ today announced it had reached an agreement to settle a class action brought against it in the United States during 2016. The class action named a number of banks, including ANZ, and related to the bank bill swap rate (BBSW) and the trading of BBSW-based products. The settlement is without admission of liability…
Brent Pattison CEO of Oceania Healthcare
AUCKLAND: Oceania Healthcare announced that Brent Pattison has been appointed as the incoming Chief Executive of Oceania Healthcare, effective immediately. Mr Pattison joined Oceania Healthcare as its Chief Financial Officer in January 2020. He has over a decade of experience in investment banking at Jarden and Forsyth Barr leading mergers and acquisitions, takeovers, and capital…
China Yuchai International Limited
China Yuchai International Limited, a holding company listed in NYSE, was established in 1993, and is currently headquartered in Singapore. The firm has two components: Guangxi Yuchai Machinery Company Limited (GYMCL), which engages in engine manufacturing, and HL Global Enterprises Limited (HLGE), which operates in the hospitality industry. The firm also owns an interest in…
China United Network Communications Group Co. Ltd. (China Unicom)
China United Network Communications Group Co. Ltd. or China Unicom is a Chinese state-owned telecommunications operator of China. China Unicom is the world’s fifth-largest mobile service provider by subscriber base. Started as a wireless paging and GSM mobile operator, it currently provides a wide range of services including nationwide GSM mobile network, long-distance, local calling,…
China Telecommunications Corporation
China Telecommunications Corporation known as its trading name China Telecom is a Chinese state-owned telecommunication company. It is the largest fixed-line service and the third largest mobile telecommunication provider in China. It has three listed companies: China Telecom Corporation Limited, China Communications Services Corporation Limited and Besttone Holding Co., Ltd. Trade name: China Telecom…
China Telecom Corp.
China Telecom Corp. is a Chinese telecommunications company. It is one of the red chip listed companies of state-owned China Telecommunications Corporation. Its H shares have been traded on the Stock Exchange of Hong Kong since 15 November 2002. It is a constituent of the Hang Seng China Enterprises Index, the index for the H…
China Southern Airlines Company Limited
China Southern Airlines Company Limited is an airline headquartered in Baiyun District, Guangzhou, Guangdong Province. Established on 1 July 1988 following the restructuring of the CAAC Airlines that acquired and merged a number of domestic airlines, the airline became one of China’s “Big Three” airlines (alongside Air China and China Eastern Airlines), the world’s sixth-largest…
Qatar First Bank offloads its stake in CMRC Limited for $31.5 million
DOHA: Qatar First Bank (QFB), the first independent Shari’ah compliant bank authorized by the QFC Regulatory Authority (QFCRA) and a listed entity on Qatar Stock Exchange (QSE: QFBQ), has announced its successful exit from CMRC Limited, one of its private equity investments in the Middle East. The Bank has announced the successful exit of its…
IT Retail partners with Citcon to bring payment solutions to grocery industry
SAN JOSE: IT Retail and Citcon announced a partnership to bring mobile wallet payments to the grocery industry. Citcon is a leading mobile wallet payment provider globally. The technology company offers a variety of wallet brands including PayPal, Venmo, AliPay, WeChat Pay and more. It is the only fully licensed U.S.-based acquirer of all 3…
Ian Dench resigns as CEO of Ooredoo
DOHA: Ooredoo Q.P.S.C. announced that Ooredoo Oman has accepted Mr. Ian Dench’s resignation from his post as Chief Executive Officer, effective 30th June 2021. The appointment of the new Ooredoo Oman CEO will be announced in due course. Ooredoo QSC is an international telecommunications company headquartered in Doha, Qatar. Ooredoo provides mobile, wireless, wireline, and…