OSLO: Zenith Energy Ltd., the listed international oil & gas production company, announced that BCRA Credit Rating Agency AD (BCRA) has assigned Zenith a “B-“ with stable outlook long-term debt issuer credit rating. BCRA is an independent credit rating agency operating since 2003. The Financial Supervision Commission (FSC) and European Securities and Markets Authority (ESMA)…
Envictus International appoints liquidator to wind-up subsidiary in New Zealand
SINGAPORE: The Board of Directors of Envictus International Holdings Limited announced that Stephen Mark Lawrence of PKF Corporate Recovery & Insolvency has been appointed as the liquidator for the voluntary winding-up of Naturalac Nutrition Limited (NNL), a wholly-owned indirect subsidiary of the Company incorporated in New Zealand. The Liquidation was undertaken as NNL had ceased…
Cross-border payments company WorldRemit to acquire app-based remittance company Sendwave
LONDON: Global cross-border payments company WorldRemit announced it has agreed to acquire Sendwave, a rapidly growing app-based remittance company in a cash and stock transaction that is expected to close, subject to licensing and regulatory approvals, in Q4 2020. Founded in 2014, Sendwave has built a leading and rapidly growing digital remittance service to East…
Anova to sell the Second Fortune Gold Mine to Linden Gold Alliance for $9 million
PERTH: Anova Metals Limited has reached an agreement to divest the Second Fortune Gold Mine to the Linden Gold Alliance Pty Ltd, a news release said. The proposed transaction would see Anova divest its wholly owned subsidiary that owns the assets and tenements, which make up the Linden Gold Project (including the Second Fortune Gold…
SkillStorm Appoints Justin Vianello as CEO and Joe Mitchell as COO
JACKSONVILLE: SkillStorm, a company developing and deploying teams of highly specialized domestic tech talent to commercial and federal organizations, announced the appointment of Justin Vianello to Chief Executive Officer (CEO) and Joe Mitchell to Chief Operating Officer (COO). The new leadership comes at a time when the need for domestic tech talent is surging as…
Zip announces partnership with eBay, launches Zip Business
SYDNEY: Zip Co Limited has marked the official launch of Zip Business by partnering with eBay Australia, to offer its 40,000 Australian small and medium-sized businesses the opportunity to access working capital via the eBay marketplace. The partnership between eBay and Zip Business is designed to give merchants the freedom to purchase inventory, cover short-term…
MetroNet completes construction of 100% fiber optic network in Lexington
LEXINGTON: MetroNet announced the completion of its citywide, 100% fiber-optic network in Lexington, Ky., earning Lexington, with a population of 325,000, the title of largest Gigabit City in the U.S. For the last 2.5 years, MetroNet has been hard at work laying 4.4 million feet of fiber in neighborhoods across the city. Former Mayor Jim…
Alcore and Sojitz explore a potential business relationship
SYDNEY: Australian Bauxite Limited’s subsidiary ALCORE Limited has executed a Memorandum of Understanding agreement (MoU) with the Japanese global trading company Sojitz Corporation (Sojitz), which owns alumina assets in Australia and other mineral resources worldwide. The MoU provides a framework under which Alcore and Sojitz will explore a potential business relationship with respect to the…
Bridgewater Bank unveils new corporate headquarters in St. Louis Park
ST. LOUIS PARK: Bridgewater Bank, a local Twin Cities bank focused on meeting the unique needs of successful individuals and entrepreneurs, today announced the opening of its new corporate headquarters – Bridgewater Corporate Center – as part of its planned expansion and relocation to the corner of Excelsior Boulevard and Monterey Drive in St. Louis…
DXN signs contract with Newcrest Mining to supply Modular EDGE Data Centre
SYDNEY: Pre-fabricated modular data centre specialist, DXN Limited has entered into contract with Newcrest Mining. Newcrest is the largest gold producer listed on the Australian Securities Exchange and one of the world’s largest gold mining companies. Matthew Madden, CEO, DXN Limited said, “We are thrilled to have secured this contract, which showcases all the value-adds…
Hologic to acquire Acessa Health for approximately $80 million in cash
MARLBOROUGH: Hologic Inc., a global leader in women’s health, has acquired Acessa Health Inc., a privately-held innovator in minimally invasive treatment for fibroids, for approximately $80 million in cash plus contingent payments based on future revenue growth. “Acquiring Acessa Health strengthens our leadership position in the GYN surgical space and broadens our fibroid treatment portfolio…
Princess Cruises announces early 2021 world cruise cancellations
SANTA CLARITA: Due to restrictions and limitations with border and port access determined by government and health authorities and the continued uncertainty of airline travel, Princess Cruises is canceling its early 2021 World Cruises and Circle South America cruises. Princess Cruises is canceling Island Princess 2021 World Cruise sailing from North America, and Pacific Princess…