SINGAPORE: Tritech Group Limited, a leading engineering and water-related and environmental group, has developed a Big Data and Artificial Intelligence (AI) platform for both engineering and water-related and environmental business, i.e. ADAS, an AI-based data analytics system . Globalization, demographic shifts, data explosion, technologies disruption, climate change, redefined jobs and complexity are the trends shaping …
Julius Baer places $350 million AT1 securities in Asia, Europe
ZURICH: Julius Baer Group has successfully placed perpetual non-cumulative Additional Tier 1 (AT1) securities in a $350 million transaction with private banks and institutional investors in Asia and Europe, a news release said. The transaction will help to optimise Julius Baer Group’s capital structure and flexibility. The securities carry a coupon of 4.875%, payable semi-annually,…
Novatti launches Digital Payments Accelerator, an extension of its Visa Issuing program
MELBOURNE: Digital banking services and payments company, Novatti Group Limited, has launched the Digital Payments Accelerator. The Digital Payments Accelerator extends Novatti’s Visa Issuing white label programs to meet the needs of: ▪Startups and innovators to bring their innovative fintech and financial products to market quicker, and to test their products in a controlled way…
Jumbo Interactive to power Lotterywest’s online platform
PERTH: Jumbo Interactive Limited’s subsidiary TMS Global Services has signed a binding Term Sheet with Lotterywest, the WA state government-owned and operated lottery of Western Australia, to negotiate and enter into a detailed Agreement to provide its online software platform and services for up to the next 10 years. Jumbo will provide a “Powered by…
NYMBUS appoints Jeffery Kendall as new Chief Executive Officer
MIAMI: NYMBUS has appointed Jeffery Kendall to serve as the company’s Chief Executive Officer, effective October 1, 2020. Kendall succeeds the company’s founder, Scott Killoh, who will continue to serve as Executive Chairman of the Board and trusted advisor to the management team. Kendall is an experienced leader in the digital technology space, bringing a…
Avingtrans’s Booth Industries secures £36 million HS2 rail link contract
LONDON: Avingtrans PLC’s wholly owned subsidiary, Booth Industries, has secured a multi-year contract worth £36 million to supply cross passage doors for the HS2 rail link. The doors will provide fire protection between cross passages along Phases 1 and 2a of the HS2 route (London to West Midlands; West Midlands to Crewe), creating a safe…
Ferguson plc appoints Bill Brundage as Group CFO
LONDON: Ferguson plc has announced the appointment of Bill Brundage as Chief Financial Officer (CFO) and an Executive Director, with effect from November 1, 2020. Bill is currently CFO of Ferguson Enterprises a position he has held since March 2017. Bill has over 17 years of experience in a variety of senior finance roles at…
THG Ingenuity announces five-year partnership with Hotel Chocolat
LONDON: THG Ingenuity, the Technology Services division of THG Holdings, announced a five-year partnership with Hotel Chocolat, the UK based luxury chocolatier. The agreement will launch the brand’s direct-to-consumer (DTC) offering in the United States, with the retailer accessing the full suite of services offered by THG Ingenuity. This digital partnership aligns Hotel Chocolat’s expansion…
Novacyt announces launch of COVID-19 antibody test
PARIS: Novacyt S.A, an international specialist in clinical diagnostics, has launched a CE-Mark approved serology (antibody) 96-well plate ELISA (enzyme-linked immunosorbent assay) test for the detection of IgG antibodies to SARS-CoV-2 derived from plasma and serum samples. The test has been launched by Microgen Bioproducts Limited (Microgen), which is part of Novacyt’s protein diagnostics division…
Total extends its biodiversity ambition in line with United Nations plan for biodiversity
PARIS: Total S.E, which has just been recognized as Global Compact Lead by the United Nations, is committing to biodiversity by extending its ambition in four main areas. 1. Voluntary exclusion zones: Total commits, in recognition of the universal value of UNESCO World Natural Heritage sites, not to conduct oil or gas exploration or extraction…
Synairgen and Clinigen sign agreement for treatment of hospitalised patients with COVID-19
SOUTHAMPTON: Synairgen plc and Clinigen Group have signed an agreement to launch a Managed Access Program for Synairgen’s inhaled formulation of interferon beta (IFN-beta), SNG001, in the UK and the EU for the treatment of hospitalised COVID-19 patients. SNG001 is an inhaled formulation of IFN-beta for direct delivery to the lungs via nebulisation. Synairgen announced…
St. Modwen Properties appoints Sarwjit Sambhi as Chief Executive Officer
LONDON, UK: St. Modwen Properties announced the appointment of Sarwjit Sambhi as Chief Executive Officer with effect from 2 November 2020. Sarwjit was most recently CEO of Centrica Consumer and a member of the board at Centrica plc, the FTSE 250 energy group. He held various senior positions during his 19-year tenure at the company,…