COPENHAGEN: 5th Planet Games announce that the “Adventures of Tintin” Match 3-style mobile game is ready to launch globally on Google Play as an Open Beta. The Google Play Open Beta launch begins today with the game will available in the Google Play Store under the “Early Access” section. The game will be available in…
Baltic Sea Properties hands over logistics terminals to Delamode and Oribalt
OSLO: Baltic Sea Properties (BSP) announced that its two new logistics terminals in Vilnius now have been handed over to their respective tenants, Delamode and Oribalt. “We are very pleased to have finalized the terminals according to our schedule, in spite of challenging working conditions during the months since the outbreak of the Covid-19 pandemic….
U.S corporate bond holdings pose risk to insurers’ balance sheets: Report
OLDWICK: Recent macroeconomic uncertainty due to the COVID-19 pandemic is a concern for insurers’ balance sheets as corporate bonds constitute a majority of the insurance industry’s assets, according to a new AM Best special report. If liquidity becomes a factor for many U.S. bond holdings, the macroeconomic environment could prompt many insurers to re-evaluate portions…
AM Best revises outlook to stable for members of Wisconsin Reinsurance Group
OLDWICK: AM Best has revised the outlook to stable from positive for the Long-Term Issuer Credit Ratings (Long-Term ICR) and affirmed the Financial Strength Rating (FSR) of B++ (Good) and the Long-Term ICRs of “bbb” of Wisconsin Reinsurance Corporation (WRC) and 1st Auto & Casualty Insurance Company (1st Auto), collectively referred to as Wisconsin Reinsurance…
easyJet confirms closure of London airport bases
LONDON: easyJet Plc has completed its collective consultation process and confirmed the closure of its bases at London Southend and London Stansted airports, amongst others. As a result, easyJet will cease operations based from London Southend Airport on 31 August 2020 and all flights will be cancelled from 1 September 2020. easyJet currently has four…
Spackman Entertainment selling its stake in Spackman Media Group
SINGAPORE: Spackman Entertainment Group Limited has entered into a non-binding memorandum of understanding (MOU) with Spackman Equities Group (SQG), pursuant to which the Company intends to sell the its entire interest in Spackman Media Group Limited to SQG. Spackman Equities Group (SQG) is an investment company that selectively invests into growth companies that possess proprietary…
Shelby Finance replaces Wirecard Card with Modulr Finance Limited
LONDON: Shelby Finance Limited, Morses Club’s digital division, has entered into a new supplier relationship with Modulr Finance Limited, a digital payments provider. The relationship relates to the Digital Division’s U Account business, which provides e-money accounts, and replaces the Company’s existing relationship with Wirecard Card Solutions Ltd. Modulr’s platform will provide the Group’s U…
SALAMA announces AED11.5 million surplus distribution to Takaful policyholders
DUBAI: Islamic Arab Insurance Company (SALAMA), the UAE’s largest and oldest Shari’a compliant Takaful solutions provider, today announced a payment of surplus (cash returns) of AED11.5 million to eligible group credit life policyholders for the policy year 2019, demonstrating a good half year of profitable growth. Surplus sharing is a unique benefit of the Takaful…
Cambridge Global announces endorsement partnership with Australia-Latin America Business Council
SYDNEY: Cambridge Global Payments is selected by the Australia-Latin America Business Council (ALABC) board as the preferred provider of foreign currency exchange and international payments solutions for ALABC members across Australia, a news release said. Through this partnership, ALABC’s 800+ members and their respective companies, who qualify, will be able to gain access to and…
Alliance Stone joins SiteOne landscape supply
ROSWELL: Alliance Stone has joined SiteOne. Alliance Stone serves the greater Atlanta, GA market from a single location focused on the distribution of hardscapes to landscape professionals, a news release said. “Alliance Stone is a terrific addition to SiteOne with a dedicated stone center and strong hardscapes and natural stone expertise to complement our current…
Boingo wireless signs agreement with Skyfii
SYDNEY: Skyfii Limited an omnidata intelligence company, announced that NASDAQ-listed Boingo Wireless has added Skyfii’s ‘IO Insight’ data visualization feature within its intelligent network insights platform. Boingo, a leading provider of indoor wireless networks, selected Skyfii’s solution to further enhance its innovative data services for venue customers that include major airports, stadiums, convention centers and…
Huami Corp partners with Aspen Imaging Healthcare
PLANO: Huami Corp. and Huami-USA and Aspen Imaging Healthcare announced signing a letter of intent for joint future development. Joint development is anticipated in several areas, including collaboration on product roadmaps to find areas where proprietary technologies can be shared or new solutions created; global distribution, marketing and support; and potential investment in Aspen Imaging….